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Knitted apparel exports to decline 2.29 per cent by 2022

  

As per TexPro, exports of knitted apparels are expected to decline by 2.29 per cent to $220,388.87 million in 2022. The global export of knitted attire grew by 1.53 per cent from $222,156.94 million in 2017 to $225,563.75 million in 2019. Complete exports dropped by 2.52 per cent in 2019 over the earlier 12 months.

The worldwide import worth of knitted attire surged by 5.39 per cent to $207,090.81 million in 2019 Complete imports decreased marginally 1.63 per cent in 2019 over the earlier 12 months and is anticipated to plunge to $2,04,811.15 million in 2022 with a charge of 1.10 per cent from 2019.

China ($77,578.24 million), Vietnam ($15,363.12 million), Germany ($11,345.81 million) and Italy ($10,738.62 million) were the most important exporters of knitted apparels throughout the globe in 2019. Their exports collectively comprised 50.99 per cent of complete export. These had been adopted by Turkey ($9,197.28 million), India ($7,882.22 million) and Cambodia ($7,842.53 million).

 
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