A new WTO report notes similarities in the value-added patterns of textile-garment exports in China and India with the domestic content of their exports amounting to 89.1 per cent and 83 per cent respectively in 2022.
Bangladesh and India showed the largest rise of foreign value-added content from 2017 to 2022, reaching 20.7 per cent on an annual basis for Bangladesh and 23.2 per cent for India.