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Taiwan can strengthen presence in Canadian textile market

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

Insights

  • Taiwan aims to strengthen its marginal presence in Canada's apparel and home textile sectors.
  • Both countries have finalised foreign investment agreements, setting the stage for increased trade.
  • Taiwan's apparel exports to Canada were $*.*** million in January-July 202*. A mere *.*% of its total exports.
  • Canada imported apparel worth $*.*** billion.

According to data from *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market analysis tool, TexPro, Taiwan&#**;s apparel exports to Canada amounted to $*.*** million during the first seven months of ****, accounting for *.** per cent of Taiwan&#**;s total apparel exports of $***.*** million in the same period. Canada ranks as Taiwan&#**;s ninth-largest apparel market, although Taiwan currently holds a negligible share in the Canadian apparel market. 

Moreover, Taiwan&#**;s home textile exports totalled $***.*** million from January to July ****. Of this, shipments to Canada were a mere $*.*** million, representing *.** per cent of the total. 

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