According to the latest research, garment exporters in Bangladesh will need to bear approximately two-fifths of the tariff costs for goods exported to the European Union (EU) following the country's graduation from the Least Developed Country (LDC) status. Research from the University of Dhaka indicates that after 2029, Bangladesh's exports to the EU could face tariffs of around 12%, while Vietnam, Pakistan, and Sri Lanka enjoy duty-free access due to free trade agreements and the Generalized

According to the "Vietnam Domestic Market Report 2025" released by the Department of Domestic Market Management and Development under the Ministry of Industry and Trade of Vietnam, fueled by robust and sustained consumer spending growth, the country's retail sector performed exceptionally well in 2025, with total retail sales projected to reach $269 billion. Retail sales of goods and service revenue grew by approximately 9-10% year-on-year, marking the strongest growth rate in five years, exclud

Domestically, strong downstream textile consumption support, accelerated new cotton sales progress, coupled with the ongoing market expectations for tighter domestic supply in the next crop year, have driven the continuation of the upward trend in domestic cotton prices. This week, the average settlement price for the front-month Zhengzhou cotton futures contract was 14,515 RMB/ton, up 299 RMB/ton or 2.1% from the previous week. The average price of the National Cotton Price B Index, representin

At the 2025 Toronto Textile Exhibition, products from Vietnam's Bao Minh Textile Joint Stock Company and Viet Hung Textile Dyeing and Finishing Company captured the attention of Canadian and North American clients. Viet Hung focused on promoting its denim fabric series, while Bao Minh concentrated on the mid-to-high-end yarn and fabric sectors. The Vietnamese textile industry has gained positive international recognition for its excellent product quality. Although the Canadian market is limite

Recently, Jordan's nonwoven fabric (non-woven fabric) industry has become a hotspot for international capital attention. It is reported that an international investment of approximately$20 millionis being injected into the country, aiming to promote the expansion of production capacity and technological upgrading of high-end nonwoven fabrics for medical and sanitary uses. This move is regarded as a critical step in the strategic transformation of Jordan's textile industry from traditional garmen

Recently, Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transportation of Egypt, announced that the Ministry of Industry, in collaboration with relevant authorities and the Federation of Egyptian Industries, has established a specialized committee to combat tariff evasion and curb violations harming domestic industries. He stated that the committee will intensify efforts to ensure that spinning, textile, and garment factories strictly import raw

In response to the growing environmental problems brought about by the fast fashion consumption model, the Japanese government has formulated a dedicated "Action Plan for the Reduction of Clothing Waste." The plan aims to systematically reduce the massive amount of discarded clothing generated by households each year and drive the fashion industry toward a circular economy. In Japan, over 1 million tons of clothing are discarded annually, the majority of which is incinerated or landfilled along

Guwahati, Jan 4: The National Conference of Textiles Ministers is set to be held in Guwahati from January 8 to 9 under the theme “India’s Textiles: Weaving Growth, Heritage & Innovation”, an official said on Sunday. The two-day conference is being organised by the Ministry of Textiles, Government of India, in collaboration with the Assam government. The meet aims to bring together Union and State Ministers of Textiles along with senior officials from the Centre and the

Birla Cellulose and Circulose have announced a cooperation agreement aimed at advancing circular textiles and scaling textile recycling initiatives. Under the agreement, Circulose will supply pulp produced from 100% textile waste to Birla Cellulose, which will convert the material into textile fibre products for use across the value chain. The collaboration is designed to strengthen supply chain resilience and ensure a dependable supply of recycled fibres, supporting the growing demand for more

In the first week of 2026, the U.S. Intercontinental Exchange (ICE) cotton futures market exhibited a volatile pattern of rising first and then falling, setting a suspenseful tone for the year's trajectory. The front-month March contract initially surged to a high of 86.50 cents per pounddriven by bullish sentiment early in the week, but subsequently gave back some of those gains as profit-taking emerged, closing around84.20 cents per poundon Friday. For the week, it recorded a modest cumulative