The US-China trade war has not benefitted Indonesia in the short term, but in the long run, Indonesian mills will be more competitive and can enjoy a surge in sales, as per Zahid Nazir, GM, sales and marketing, PT Argo Manunggal Triasta. The impact of currency depreciation is not significant either as raw material or fibres are imported at US dollar rate.

The value of textile and garment exports from Pakistan increased by 26.55 per cent year-on-year in dollar terms in the first four months of fiscal 2021-22. During the period, Pakistan earned $6.021 billion from textile and apparel exports, compared to exports of $4.758 billion in July-October 2020, according to data from Pakistan Bureau of Statistics.