Bangladesh: Denim Goods Exporters Aim for $10 Billion Exports by 2030

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Published: Saturday, 11 May 2024 02:14

Thanks to innovative designs and comfortable wearability, the demand for denim and denim-related products has surged in recent years. This has enabled Bangladesh to dominate the global denim market by emerging as a top supplier of these popular garment items to Western markets, including European Union countries and the United States. Entrepreneurs attribute their success in the global market to their hard work and innovative ideas.

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Australian Wool Market Faces Currency Fluctuations and Buyer Trends

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Published: Friday, 10 May 2024 02:21

The Australian wool auctions of Week 45 brought to light a complex interplay of factors, with currency fluctuations and evolving buyer behaviors shaping market dynamics. Despite challenges posed by a stronger Australian dollar, traditional buyers remained active, albeit with some cautiousness. However, the market witnessed a general downturn in prices, prompting emerging seller resistance and a slight increase in passed-in rates.

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Uzbekistan's Textile Exports Surge in First Quarter, Driving Economic Growth

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Published: Thursday, 09 May 2024 16:36

Uzbekistan's textile industry has shown remarkable resilience and growth, as evidenced by the country's robust textile exports in the first quarter of this year. According to data released by the country's statistical agency, Uzbekistan exported textile products totaling $775.7 million during this period, marking a substantial increase of $247.4 million, or 14.7 percent year-on-year (YoY).

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  1. Australian Wool Market Faces Significant Downturn Amidst Shifting Dynamics
  2. Vietnam's Consumer Price Index Sees Modest Rise in April Due to Petroleum Price Surge
  3. Iran's Textile Industry: A Growing Export Powerhouse
  4. Bangladesh to Form Jute Council to Revitalize Jute Sector and Boost Exports