Views: 0 Author: Site Editor Publish Time: 2022-04-28 Origin: Site
In 2021, China’s textile and apparel exports to U.K. reduced by 28.2% to $9.22 billion, and the proportion declined from 4.3% to 2.9%. Though the exports to UAE and Australia saw certain growth, with the agreements with India, the exports of textile and apparel face great challenges.
Overall, the India-UAE CEPA and the trade agreements negotiation between India and Australia and U.K. are obviously favorable for Indian textile and apparel exports, and its market shares will increase further, squeezing the shares of China further. Later, China may face great challenges