Home breadcru News breadcru Trade breadcru  | China's fabric exports to Ethiopia at $74.5 mn in Jan-Aug 2023

Prime Content | 
China's fabric exports to Ethiopia at $74.5 mn in Jan-Aug 2023

22 Oct '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • China's fabric exports to Ethiopia went down to $****.*** million in January-August 2023 from $***.*** million in January-August 2022.
  • Yarn exports also decreased, while readymade garment exports plummeted by **.** per cent.
  • During the recent Belt and Road Forum for International Cooperation, China and Ethiopia discussed enhancing economic cooperation.

Chinese Premier Li Qiang recently expressed China&#**;s willingness to expand practical cooperation in economy, trade, and other fields with Ethiopia. The discussion took place during Ethiopian Prime Minister Abiy Ahmed&#**;s recent visit to China for the third Belt and Road Forum for International Cooperation. 

*f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">According to Fibre2Fashion&#**;s market insight tool TexPro, China&#**;s fabric exports to Ethiopia have yet to fully recover from the impact of COVID-**. In ****, fabric exports were valued at $***.*** million, which plummeted to $***.*** million in ****. While there was a slight recovery to $***.*** million in ****, it again declined to $***.*** million in ****

Get Free Weekly Market Insights Newsletter

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