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Tag: world trade
World merchandise trade slumps in second-quarter
2020-09-24 11:36:00| Daily apparel & textile news and comment - from just-style.com
World merchandise trade volumes slumped by 14.3% in the second quarter of the year, as Covid-19 containment measures affected economies around the world, according to new figures from the World Trade Organization (WTO).
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world trade
Five ways world textile and apparel trade is changing
2020-07-28 12:00:00| Daily apparel & textile news and comment - from just-style.com
The latest World Trade Statistical Review 2020 newly released by the World Trade Organization (WTO) offers an insight into fashion companies' evolving production and sourcing strategies - and points to new patterns of world textiles and apparel trade in 2019. Here Dr Sheng Lu, associate professor in the Department of Fashion and Apparel Studies at the University of Delaware, sets out five key trends to watch.
Developing countries hardest hit as world trade tumbles
2020-05-11 18:15:00| Daily apparel & textile news and comment - from just-style.com
International trade in textiles and apparel tumbled by almost 12% year-on-year in the first quarter of 2020, outpacing a 5% decline in overall merchandise trade.
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World merchandise trade may fall by up to 32% in 2020
2020-04-09 12:35:00| Daily apparel & textile news and comment - from just-style.com
World merchandise trade could fall by up to 32% this year, new figures show, as the Covid-19 pandemic disrupts economic activity, with estimates of a recovery uncertain.
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