Supplier hubs in Southeast and South Asia were popular with buyers globally last year, and performed strongly, QIMA said.
Vietnam was a key beneficiary of the sourcing shifts from China.
Other Southeast Asian nations also attracted robust volumes of new business from the West.
South Asian sourcing hubs continued to play a crucial role in the procurement portfolios of US-based and European buyers.
Vietnam was a key beneficiary of the sourcing shifts from China.
Other Southeast Asian nations also attracted robust volumes of new business from the West.
South Asian sourcing hubs continued to play a crucial role in the procurement portfolios of US-based and European buyers.