West Asia crisis since October 2023 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.
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.