Global trade of knitted ensembles reports sharp downfall

The global export of knitted ensembles has dropped 12.65 per cent to $1,425.51 million in the year 2019 from $1,631.91 million in 2017. Total exports declined 21.16 per cent in 2019 over the previous year, according to data from TexPro. Further, the export is expected to move down to $1,320.16 million in 2022 with a rate of 7.39 per cent from 2019.