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INSIGHTS
Import volumes at major US container ports are projected to be higher than previously expected as retailers prepare for a potential East Coast/Gulf Coast port strike and tariff increases under President-elect Donald Trump.
A brief October strike highlighted ongoing labour disputes, with formal negotiations set to resume.
Concerns over tariffs are pushing retailers to expedite shipments.
Import volumes at the nation’s major container ports could be higher than previously expecte
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INSIGHTS
Euro area goods exports in September were worth $251.83 billion—a YoY rise of 0.6 per cent, while the zone's imports were worth $238.6 billion—a fall of 0.6 per cent YoY, according to the first estimates released recently by Eurostat.
Goods exports from the EU in September were worth $225.14 billion—up by 0.8 per cent YoY, while imports stood at $215 billion—down by 0.3 per cent YoY.
Euro area goods exports in September this year were worth €237.8 billion
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INSIGHTS
China-Cambodia trade in the first ten months this year was worth $14.4 billion—a rise of 19 per cent YoY.
Imports from Cambodia to China grew by 20 per cent YoY and Chinese enterprises signed investment agreements in Cambodia worth nearly $3 billion during the period.
Bilateral trade reached $11 billion in the first three quarters this year—a 22-per cent rise YoY.
China-Cambodia trade in the first ten months this year was worth $14.4 billion—a rise of 19 per cent ye
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The Green Deal is one of the most ambitious policies of the EU which aims to make the bloc go green by the year 2050. The law involves holistic cross-sectional policy structures that can align all industries right from manufacturing to finance to ensure that the industry is well aligned to make the industry sustainable. The law aims to cut emissions by 55 per cent by 2030 which aims to create a cost-effective and socially fair green transition for the industries in the economy.
The Circular Econ
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INSIGHTS
To boost foreign trade and economic recovery, China has introduced measures, including financial and insurance support for SMEs like 'little giants' and 'hidden champions'.
Initiatives focus on e-commerce, green trade, and visa policies, alongside aligning with global logistics.
In 2024, China's trade grew 5.2 per cent to 36.02 trillion yuan, with exports up 6.7 per cent.
To promote the steady growth of foreign trade and consolidate the country’s economic recovery, the Chinese
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INSIGHTS
Global cotton markets saw slight declines and stabilisation in recent weeks, with NY/ICE December futures trading between 67–75 cents/lb since June, now at 71 cents/lb.
The global A Index dipped from 85 to 83 cents, while China's index dropped from 101 to 97 cents due to a weaker yuan.
Indian and Pakistani spot prices also declined, but both rupees remained stable against the dollar.
Cotton markets globally witnessed minor price fluctuations over the past month, with overall tr
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INSIGHTS
ICE cotton prices rose, aided by a weaker US dollar index and an increase in export sales as highlighted in the USDA's weekly report.
The dollar softened after the Federal Reserve's 25 basis point rate cut, encouraging profit-taking.
Despite recent dollar strength, strong export demand boosted corn and soybean futures, improving market sentiment.
ICE cotton prices rebounded due to a weaker US dollar index and improved US cotton export sales. The US dollar index eased after reaching a
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The global textile industry, a major contributor to many countries' Gross Domestic Product (GDP), is now facing intensified scrutiny regarding its environmental and social impacts. As the largest manufacturing sector by production volume and workforce, it is also one of the most resource-intensive and polluting industries. Growing consumer awareness and demand for sustainable practices are driving efforts to enhance sustainability in textile production and consumption.
While the EU and the USA
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INSIGHTS
Goldman Sachs Research has projected another solid year of global growth in 2025, with world GDP forecast to grow by 2.7 per cent on an annual average basis.
The US will exceed expectations, while the euro area will lag behind amid anticipated US tariffs.
US GDP may rise by 2.5 per cent in 2025, and the euro area's by 0.8 per cent. US core PCE inflation should slow to 2.4 per cent by late 2025.
Goldman Sachs Research has projected another solid year of global economic growth in 2025,
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INSIGHTS
Import volumes at major US container ports are projected to be higher than previously expected as retailers prepare for a potential East Coast/Gulf Coast port strike and tariff increases under President-elect Donald Trump.
A brief October strike highlighted ongoing labour disputes, with formal negotiations set to resume.
Concerns over tariffs are pushing retailers to expedite shipments.
Import volumes at the nation’s major container ports could be higher than previously expecte