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UAE stands third globally in textile exports after USA and UK

Related Keywords: DGC&S Kolkata, energy crisis and lack of marketing exposure, global market share, rising input cost, set trend, UAE, UAE textile industry, volatility in price, worlds third largest textile exporter

The UAE is the world’s third largest exporter of textiles, after USA and UK, according to study conducted by the Directorate General of Commercial Intelligence and Statistics (DGCI&S), Kolkata.

The UAE exported textiles worth $1623.76 million, representing 7.75% share of the global export market .

Mr. Midhat M. Abu Ghazaleh, CEO, Abughazaleh Trading Company, (ABCO) said that of the total textile global exports of over $ 20939.80 million, the UAE commands a share of 7.75%, which reflects strongly on the development of the country’s textile industry.

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