Blog Left Sidebar

Import tariffs announced by the Trump administration could reduce the Netherlands’ GDP by up to 1 per cent by 2026, according to CPB.
The study highlights short and long-term impacts, with investment and exports hit hardest.
A weaker dollar limits inflation, despite higher import prices.
Retaliatory EU tariffs could deepen effects, especially under growing uncertainty.Read More

Egypt’s apparel exports rose by 27 per cent YoY to $262 million in March, the Apparel Export Council of Egypt said.
It aims at doubling exports by 2031 to $12 billion by expanding to African and Asian markets, leveraging Egypt’s trade agreements, enhancing value-added production and modernising manufacturing lines.
Two dedicated textile-garment cities will be launched in Fayoum and Minya.Read More

South Africa imported textiles and textile articles worth 16,746.0 million rand (~$900.86 million) in January–March 2025, up 7.1 per cent year-on-year, while exports rose 7.4 per cent to 5,921.3 million rand.
March imports fell 14.3 per cent from February, but exports surged 33.1 per cent.
In 2024, annual imports rose 10 per cent, and exports edged up 1.8 per cent.Read More

Germany’s GDP grew by 0.2 per cent in Q1 2025 from the previous quarter, after a 0.2 per cent decline in Q4 2024, according to Destatis.
Compared with the first quarter of 2024, GDP fell by 0.4 per cent in price-adjusted terms and 0.2 per cent after price and calendar adjustments.
Household consumption and capital formation rose quarter-on-quarter.Read More

The National Union of Textile, Garment and Tailoring Workers of Nigeria has commended the government for approving setting up of a Textile and Garment Development Board.
It termed the decision a bold initiative to revive the country’s long-neglected textile industry.
It is optimistic about the board backing modernisation of the textile value chain and enhancing labour productivity.Read More