China Sees Slowdown in Exports
Between January and May 2023, China’s overall exports of textiles, clothing and accessories totalled $118.202 billion. This marked a decline of 5.26% per cent compared...
Tag : recession
Orders from US, EU, UK Slowdown, Exporters in Crisis
The apparel industry is going through one of the most challenging times. The impact of recession, post covid slowdown, war in Ukraine and inflation in...
Fear of Recession in the US
Buyers Get Cautious; Affects Pace of Orders The news about America going in recession has come as a bouncer for all apparel exporters in India...
IMPORTS FROM THE US EXPECTED TO REMAIN SLOW
U.S. imports are performing like a yo-yo, up one month and down the next with no apparent cause that can realistically point to either a...
Surat Sees Severe Recession due to GST, Chinese Imports
Surat, the largest hub for both textiles and diamonds in India, is facing severe recession, as the demand has plummeted. China continues to be a...