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West Asia crisis: Unravelling its impact on textile imports

19 Oct '24
10 min read
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.

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