Insights Vietnam's budget revenue from import and export in the first ten months this year reached 379.8 trillion VND (~$14.4 billion). The total trade was 92.4 per cent of the annual estimate and 80.8 per cent of the targeted goal, marking a 9.3-per cent rise YoY. Total import-export turnover during the period was worth $762.5 billion—up by 17.4 per cent YoY—resulting in a trade surplus of $19.6 billion. The Vietnamese government’s budget revenue from import and export in t

Insights India's cotton production for 2025–26 is estimated to decline by 2.42 per cent to 305 lakh bales of 170 kg each, the Cotton Association of India has said. The fall stems from reduced acreage and late rains. Imports are forecast to rise 10 per cent to 45 lakh bales amid tight domestic supply, while consumption and exports are expected to ease slightly. India’s trade body has estimated that the country’s cotton production may fall by 2.42 per cent to 305 lakh bales of

Insights The LYCRA Company has announced the opening of its largest spandex plant in Yinchuan, China, investing over ¥ 800 million (~$1.12 million) with Yinchuan Financial Capital Investment Group. The facility will add 30,000 tons of capacity and 500 jobs, with plans to expand to 120,000 tons. It advances smart, sustainable manufacturing to meet growing Asia-Pacific demand for high-quality spandex. The LYCRA Company, a global leader in innovative and sustainable fiber solutions for the

Insights ICE cotton futures closed lower as weakness in the grain market and investor caution ahead of the upcoming USDA WASDE report weighed on sentiment. December contract settled at 63.88 cents per pound, down 0.43 cent. Analysts noted sideways consolidation as traders await fresh supply-demand cues. India's cotton imports are expected to rise by 9.8 per cent amid a crop decline and relaxed import rules. ICE cotton futures closed lower yesterday as the market weakened amid declines in the

Insights ACIMIT's orders index for textile machinery fell 16 per cent in Q3 2025 to 41.8 points (base 2021=100). Domestic orders dropped 17 per cent to 49.9, and foreign orders declined 16 per cent to 40.7. The backlog covers four months of production. President Marco Salvadè noted weak demand but signs of recovery in markets like India, Pakistan, and Egypt after ITMA ASIA + CITME 2025. In the third quarter of 2025, the orders index for textile machinery – compiled by ACIMIT&rsq

INSIGHTS A steep 40 per cent tariff on Myanmar's garment exports has made its products far less competitive than those from Bangladesh, Cambodia, Indonesia, etc, triggering a sharp decline in US orders. Beyond tariffs, Myanmar's apparel sector also faces growing headwinds from political instability, sanctions, poor infrastructure, and global scrutiny over labour rights. Myanmar’s garment industry, once the beating heart of its export economy, is now reportedly reeling under the weight

INSIGHTS Turkiye's industrial production rose by 2.9 per cent YoY and decreased by 2.2 per cent month on month (MoM) in September, according to the Turkish Statistical Institute. The industrial production index for manufacturing increased by 2.7 per cent YoY and decreased by 2.3 per cent MoM in the month. The index for durable consumer goods fell by 7.5 per cent YoY and by 1.2 per cent MoM. Turkiye’s industrial production increased by 2.9 per cent year on year (YoY) and decreased by 2.2

INSIGHTS Bangladesh's textile companies are seeing a dumping of cheap Indian yarn in its market—a result of US-imposed high tariffs on Indian textiles. This is putting pressure on spinning mills in the country and disrupting the market. Some importers are also misusing bonded warehouse facilities to bring foreign yarn into Bangladesh duty-free and sell it in the local market, further compounding the situation. Bangladesh’s textile companies are witnessing dumping of cheap Indian y

INSIGHTS Sanathan Textiles has reported ₹767.1 crore (~$84.4 million) revenue in Q2 FY26, up 2.3 per cent quarter-on-quarter, with an EBITDA margin of 9.3 per cent. The Silvassa plant operated at full capacity, while the newly commissioned Punjab facility began operations with ₹11 crore (~$1.21 million) in start-up costs. The company is also expanding its cotton division in Madhya Pradesh. Sanathan Textiles Limited, one of India’s leading integrated and diversified yarn manufacturers wi

INSIGHTS The Office of the USTR yesterday announced suspending action in the Section 301 investigation of China's targeting of the maritime, logistics and shipbuilding sectors for dominance. The action will be suspended for a year beginning today. The suspension follows the historic trade and economic deal reached between Presidents Donald Trump and Xi Jinping announced by the White House on November 1. The Office of the US Trade Representative (USTR) yesterday announced suspending action in