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Tag: exports

Perodua to increase exports by 79% to 1,960 units in 2024 – Alza and Axia recently launched in Brunei

May 6, 2024 No Comments Auto , , , , , , ,

Perodua has revealed it plans to increase its exports by 79% to 1,960 units this year from 1,094 units in 2023. As part of this foreign market expansion, the carmaker recently launched the new Alza (AV and H variants) and Axia (AV and G variants) in Brunei on May 3, 2024. According to Perodua, the [...]read morePerodua to increase exports by 79% to 1,960 units in 2024 – Alza and Axia recently launched in Brunei

Why BYD’s EV exports sell for twice the China price

April 28, 2024 No Comments Auto , , , ,

LONDON — U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. But so far, China’s top EV maker, BYD, has dramatically hiked export prices compared to what it charges at home rather than undercut foreign rivals. The goal: to rake in [...]read moreWhy BYD’s EV exports sell for twice the China price

Swiss watch exports plunge as China and Hong Kong demand dries up

April 18, 2024 No Comments Beauty , , , , , , , ,

By Bloomberg Published Apr 18, 2024 Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged. DR Exports dropped 16% by value in March to 2 billion Swiss francs ($2.2 billion) from a year earlier, the Federation of the [...]read moreSwiss watch exports plunge as China and Hong Kong demand dries up

Swiss watch exports slump on lower shipments to China, Hong Kong

March 20, 2024 No Comments Beauty , , , , , , ,

By Bloomberg Published Mar 19, 2024 Monthly Swiss watch exports fell for just the second time in three years, led by lower shipments to China and Hong Kong, as demand for luxury timepieces cools. Bloomberg Exports dropped 3.8% by value in February to 2.15 billion Swiss francs ($2.4 billion) from a year earlier, the Federation [...]read moreSwiss watch exports slump on lower shipments to China, Hong Kong

Cambodia’s textiles/apparel exports to the West drop in 2023

February 27, 2024 No Comments Beauty , , , ,

Translated by Nicola Mira Published Feb 27, 2024 Cambodia’s textiles and apparel industry recorded a 13.3% drop in exports in 2023, down to $11.1 billion. Despite this, the industry has continued to invest, opening 241 new plants in the country in a year, reaching a total of 2,125 factories active at the end of 2023. [...]read moreCambodia’s textiles/apparel exports to the West drop in 2023

European textile and apparel exports decelerated in 2023

February 23, 2024 No Comments Beauty , , , ,

Translated by Roberta HERRERA Published Feb 22, 2024 The European Union experienced a 3% decline in apparel exports and a 4% decline in textile exports last year. This deceleration follows the growth witnessed in 2021 and 2022, yet the industry maintains levels surpassing those pre-pandemic. Shutterstock According to the French Fashion Institute, the EU exported [...]read moreEuropean textile and apparel exports decelerated in 2023

Swiss Watch exports slowing after a record run

January 30, 2024 No Comments Business , , , , ,

By Bloomberg Published Jan 30, 2024 Swiss watch exports hit record levels last year as watchmakers raised prices and shipments of cheaper quartz watches jumped, though the pace of growth tapered off in the second half. Exports of timepieces hit 26.7 billion Swiss francs ($30.9 billion) in 2023, but the rate of sales growth slumped [...]read moreSwiss Watch exports slowing after a record run

textile and clothing exports down 8.1% in 2023

January 25, 2024 No Comments Beauty , ,

China exported the equivalent of 293.6 billion dollars (269.4 billion euros) worth of textiles and clothing last year. This represents a fall of 8.1%, and of 2.9% adjusted for exchange rate effects, according to figures released by the Chinese textile sub-council CCPIT–Tex. Despite the challenges posed by the uncertainties affecting the global clothing market, CCPIT-Tex [...]read moretextile and clothing exports down 8.1% in 2023

Bangladesh surpasses China in value of knitwear exports to EU

January 9, 2024 No Comments Beauty , ,

By Fibre2Fashion Published Dec 21, 2023 Bangladesh exported the most knitwear items—both in dollar value and in volume—to the European Union between January and September this year than any other country from which the EU imports, according to the Bangladesh Garments Manufacturers and Exporters Association. A reason why Bangladesh is doing exceedingly well in the [...]read moreBangladesh surpasses China in value of knitwear exports to EU

Agri Exports: Agri exports to rise despite curbs: Goyal | Noida News

January 9, 2024 No Comments News , , , ,

Noida: India’s focus should be on export of large-scale food processing rather than exporting only raw materials, commerce and industry minister Piyush Goyal said on Monday. He remained optimistic about agriculture exports during the current fiscal topping last year’s $53 billion, despite restrictions on shipments of certain key commodities, including rice, wheat and sugar.“Food exports [...]read moreAgri Exports: Agri exports to rise despite curbs: Goyal | Noida News