Home breadcru News breadcru Trade breadcru  | China's apparel export to Ecuador at $66 mn in '22; FTA to boost trade

Prime Content | 
China's apparel export to Ecuador at $66 mn in '22; FTA to boost trade

14 May '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • China and Ecuador have signed an FTA to enhance bilateral trade.
  • While Chinese apparel exports to Ecuador in 2022 remained stagnant at $*******, there was an increase in exports of home textiles to $*******.
  • The trade data indicates a decline in apparel exports from China to Ecuador in previous years, followed by recovery in 2021 and 2022.

Chinese apparel exports to Ecuador were $**.*** million in ****, declining to $**.*** million in ****. The trade experienced a sharp fall in **** due to disruptions caused by the COVID-** pandemic, reaching $**.*** million. It recovered to $**.*** million in **** and further increased to $**.*** million in ****, approaching the level of five years ago, according to Fibre2Fashion’s market insight tool TexPro. 

Chinese exports of home textiles to Ecuador surged six times in ****, reaching $***.*** million from $**.*** million in ****. However, it decreased to $**.*** million in **** and further dropped to $**.*** million in ****. Despite the significant increase compared to ****, it represented less than one-third of the peak shipment in ****

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!