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Global textile machinery: Current performance & emerging opportunities

30 Dec '24
9 min read
Global textile machinery: Current performance & emerging opportunities
Global textile machinery: Current performance & emerging opportunities

Insights

  • 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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