Textile
| West Asia crisis: Unravelling its impact on textile imports
Pic: Adobe Stock
Insights
- West Asia crisis since October **** has severely disrupted the MENA region's trade and the global textile market.
- Suez Canal and Red Sea trade routes are under threat, driving up freight and transportation costs.
- Exporters, especially from Asian countries, face delays and rising freight costs in textiles.
- Israel's Haifa port is particularly vulnerable, impacting its international trade.