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Global textile machinery: Current performance & emerging opportunities

30 Dec '24

9 min read

Global textile machinery: Current performance & emerging opportunities

The global textile machinery industry experienced fluctuations in imports, with a notable decline during the COVID-19 pandemic in ****.
China dominates in textile machinery exports, despite recent volatilities in Japan and Germany's export figures.
The article also addresses tariff impacts, illustrating the competitive advantages of lower tariffs in countries like Vietnam and Bangladesh.

Exhibit *: HS code ** (machines) and textile machines imports in CY **** (in $ bn)

*" src="https://static.Fibre2Fashion.com/newsresource/newscontentimages/***/machines-*-_********T******.jpg" />

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