Trade

Pakistan’s trade deficit widens 16% to $14.63 billion as imports outpace export growth

Pakistan’s merchandise trade gap has increased by more than $2 billion in the first four months of FY2026–27, highlighting...

Vietnam’s $11.6 billion fabric imports limit CPTPP trade benefits as domestic textile supply falls short

Vietnam’s textile and apparel exports to CPTPP markets have reached $8.3 billion, but strict yarn-forward rules and insufficient domestic...

Pakistan approves major TDAP overhaul to boost exports, digitalise trade promotion and support

Prime Minister Shehbaz Sharif has approved restructuring Pakistan’s trade promotion authority, introducing eight core functions, AI-powered services and independent...

ITM 2028 set to unlock new markets and global business opportunities for textile industry

ITM 2028 is preparing to bring together the global textile machinery and technology industry in Istanbul from 13 to...

Vietnam accelerates AI and Robotics adoption to boost textile competitiveness and target $49 billion exports

Vietnam is shifting from labour-intensive garment manufacturing towards AI-driven production, automation and digital supply chains to improve productivity, reduce...

Hyosung starts Sugarcane-Based BDO production in Vietnam, targets 200,000 tonnes for Bio-Elastane

The South Korean fibre manufacturer has launched a 50,000-tonne bio-BDO facility as part of a planned $1 billion investment,...

Pakistan revises duty drawback rates for textile, garment and leather exports from October 27

The Federal Board of Revenue has introduced product-specific customs duty refunds, with rates ranging from zero on certain yarns...

British textile technology in action: Roaches ships largest Lab order to Jakarta, Indonesia

Over this summer, Roaches International – a member of the British Textile Machinery Association (BTMA) – has dispatched its...

Bangladesh urges uniqlo to expand investment in Man-Made fibres, technical textiles and sustainable apparel

Bangladesh is seeking deeper investment from Japanese apparel giant Uniqlo to strengthen advanced textile manufacturing, technology transfer and higher-value...

US apparel tariff cuts unlikely after midterm elections as Cotton-Linked trade relief takes shape

US trade specialists expect continued tariff pressure on imported apparel after November’s elections, although targeted concessions could benefit Asian...

Pakistan and UK explore textile tariff concessions, market access and technical cooperation

Pakistan’s textile industry is seeking stronger access to British retailers, technical collaboration and sustainability support, while existing UK trade...

India plans to extend Duty-Free cotton imports until December as production shortfall threatens textile mills

India is considering a two-month extension of its 11% cotton import duty exemption to ease raw material shortages, stabilise...

China’s textile and apparel exports surge 21.5% to $29.66 Billion in September 2026

China’s September export rebound was led by garments, but slower nine-month growth and differences between dollar- and yuan-denominated figures...

Bangladesh targets new apparel buyers with HSBC-BGMEA roadshow in Hong Kong

Bangladesh is stepping up efforts to diversify garment exports, attract international buyers and promote higher-value manufacturing through a strategic...

Pakistan to accelerate tariff cuts as government shifts towards Export-Led industrial growth

Finance Minister Muhammad Aurangzeb confirms that tariff reforms will continue, promising cheaper imported inputs for exporters while exposing protected...

EU parliament backs waste compliance relief for small textile firms, but Non-EU exporters remain covered

Proposed EU legislation would ease cross-border administration for small European businesses while preserving textile waste management fees and existing...

Bangladesh seeks Japanese investment and faster trade pact as garment exports target $3 billion

Prime Minister Tarique Rahman’s upcoming Tokyo visit could accelerate Japanese investment, strengthen bilateral trade and open new opportunities for...

Bangladesh’s fabric and yarn imports surge, putting domestic textile mills under pressure

Bangladesh’s apparel exporters are increasingly sourcing fabrics and yarn from overseas, raising concerns over domestic textile production, local value...

EU warns Pakistan: GSP+ trade benefits depend on measurable compliance improvements

Pakistan’s textile exporters face heightened uncertainty as the EU demands stronger implementation of human rights and labour commitments ahead...

Pakistan retains export facilitation scheme as government targets misuse

Islamabad is backing duty-free access to export inputs while signalling stronger controls, rejecting calls to weaken a scheme it...

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