top textile exporting countries 2020
The export value of Turkey textile industry has reached a value of USD 27.56 Bn. The factors driving the industry are – low-cost production, raw material quality, industrial structure, modern high-tech machinery, label development and work process in domestic consumer and global market. Outstanding Advantages of Card C 72 - RIETER | Know More, China and India – Emerging Powers of Textile and Apparel Industry, State of Fashion 2019: Here is What the Industry Can Expect, 4 Ways Trade Data Can Boost Your Textile Business. The textile industry of Bangladesh is growing rapidly with the bulk order of value-added items of big global brands. The United States remained the world’s fourth … In recent decades, Bangladesh has emerged as a powerhouse for apparel manufacturing. Copyright © 2021. Textile and apparel exports constitute an important share of the total exports in a range of countries: 85% in Bangladesh, 59% in Pakistan, 12% in Turkey, and 11% in Egypt. The easing of lockdown in the North American and European countries — top export destinations for Pakistani textile goods — will help revive the sinking exports. Updated by Trade Statistics Unit. China, European Union (EU28), and India remained the world’s top three exporters of textiles in 2018. There’s also very huge margin of return as the local production is … The country’s strengths are low labor cost and vast workforce. Turkey’s textile industry is of great importance in the European and North American textile trade. However, textile production in the EU fell following two years of growth, and clothing production in the EU declined for the third consecutive year to its lowest level in several years. publisher: "56c21450-60f4-4b91-bfdf-d5fd5077bfed", The United States is a globally competitive manufacturer and exporter of textile raw materials, fabrics, yarns, apparel, home furnishing, and other textile products. Below are the world’s top export countries that shipped the highest dollar value in exports during 2019. When it comes to largest economy you cannot forget this country name because it is the largest economy on the globe.… Overall the value of drugs and medicine exports grew by an average 5.8% for all exporting countries since 2014 when drugs and medicines shipments were valued at $344.1 billion. The report identifies important trends, and includes information on general economic trends, textile and clothing production in the EU, the EU's textile and clothing trade balance, imports by supplying country, exports by destination country, and imports and exports by EU member state. The country is world’s 2nd largest textile exporter and well known for high quality products and accessories of textile and clothing in the world. This page includes a chart with historical data for … %age growth in comparison with 2018. Top 10 Major Import Countries, 2020 Source: Department of Statistics, Malaysia Tabulated by: MATRADE. The country is world’s 2. has transformed its production for low-cost high volume to high quality products. , fabrics, yarns, apparel, home furnishing, and other textile products. Meanwhile, imports of textiles and clothing into the EU increased in value terms but edged down in volume terms. The pace of growth was the most pronounced in 2008 when the average export price increased by 20% year-to-year. Rank Country Imports (millions of $) Date of information 1 United States 2,568,396 2019 — European Union 2,335,303 2018: 2 China 2,068,950 2019 3 Germany 1,236,298 2019 4 Japan 720,964 Germany. On the other hand, Bangladesh fetched $11.92 billion by exporting readymade garment … In 2018, the countries that had a largest trade value in exports than in imports of Textiles were China ($228B), India ($28.7B), Bangladesh ($27.9B), Turkey ($18B), and Vietnam ($10.6B). There’s a huge market involved in it. Get a Sample PDF of Textile Chemicals Market 2020. Electronics dominate in both China and the USA, while food and drink and textiles top the bill in a number of countries. Let’s look at these countries based on their ranking from 10 to 1. Catch up with the latest version, Incoterms® 2020, and ensure smooth transactions and avoid … While India had already lost many textile orders to China before RCEP was signed, the agreement has further widened loss of orders. Compared to the 36.5pc decline in May 2020, the exports in June declined by 5.43pc over the year last year. countries based on their exported value in 2018. Germany is one of the biggest exporters of knitted apparel cloth, manmade fibre, synthetic yarn, and machinery with the export value of $38.99 Bn. doNotCopy: false, By continuing to browse this site you agree to its, Analytics powered by IBM Watson™ Natural Language Understanding. The export profit margin rises as the product is manufactured or produced at local level. … Also, the US is technically very advance in Textile and Apparel sector which is making companies invest in the US textile market. Strengthening Malaysian Companies’ Competitiveness in The Global Market Amidst Covid-19 Recovery Period. Notes: 2019 - final data 2020 - provisional data. With a total of €18 billion in export earnings, Belgium is expected to rank among the world’s top 10 exporting countries in 2020, according to the latest report on world trade, published on Thursday, made by Euler Hermes, a world leader in export-credit insurance. The Textile Correlation. — Photo vietnamplus.vn — Photo vietnamplus.vn HÀ NỘI — The garment and textile sector is targeting an export turnover of US$38-39 billion in 2021, said Lê Tiến Trường, general director of the Việt Nam Textile and Garment Group (Vinatex). India stands at 5th largest countries with an export turnover of $37.11 Bn. Ranging from spinning, weaving clothing to dyeing and finishing, they manufacture all kind of machinery. In 2020, New Textiles Policy 2020 is expected to be released by the Ministry of Textiles. Receive our weekly Newsletterand set tailored daily news alerts. In the present time, china apparel industry exports the highest number of clothing all over the world. The textile industry of China is the largest manufacturer and exporter in the world with an export turnover of $266.41 Bn. The textile industry of Bangladesh is growing rapidly with the bulk order of value-added items of big global brands. Silk is also one of the most exported textile which amounts to $312 million. The Export Market Report. Chart. One can also export textile products or raw textile to the demanded market. The textile industry of China is the largest manufacturer and exporter in the world with an export turnover of $266.41 Bn. Spain is the 10th largest exporter with a value of USD 20.20 Bn. Textile and Clothing Exports by Country When choosing a clothing manufacturer, you may want to pick one that’s in a country that already exports a … Let’s look at these countries based on their ranking from 10 to 1. Anyone using the information on Fibre2fashion.com, does so at his or her own risk, and by using such information agrees to indemnify Fibre2fashion.com, and its content contributors from any and all responsibility, loss, damage, costs and expenses (including legal fees and expenses), resulting from such use. The strength of US textile lies in Non-Woven, Specialty and Industrial Fabrics, Medical Textiles and Protective Apparel. Fourth, associated with the shifting pattern of world apparel production, the world textile import is increasingly driven by apparel-exporting countries in the developing world. The United States is the 8th largest textile exporter with the exported value of USD 27.14 Bn. The output volume of China textile industry accounts for more than half of the global market. Merchandise exports. Employment in India’s garment industry is now over 13 million people, making it the country’s largest employment provider. However, the merchandise exports of the least-developed countries remained at a meagre US$ 193 billion, representing less than 1 per cent of world exports. Facebook Infographics. Top Export Countries. According to the Vietnam Textile and Apparel Association (VITAS), the country’s garment and textile industry imports raw materials, including yarn, fabric, and auxiliary materials, mainly from China. And is continuously moving forward to reach new heights in textile and fashion world. As of June 2020, the earth’s population was roughly 7.8 billion. 10. COVID-19 dampens spirit as textile and apparel exports decline across countries The COVID-19 pandemic has affected flow of orders amongst major textile and apparel exporting countries of the globe. The views and opinions of the authors who have submitted articles to Fibre2fashion.com belong to them alone and do not reflect the views of Fibre2fashion.com. doNotHash: false, Notably, China and EU (28) also enjoyed a faster-than-world-average export growth in 2018, up 7.9% and 6.9% respectively. Russia. The textile and apparel industry in India is among the world’s largest producers and exports. * Please click on bar to drill down and up. The United States is a globally competitive manufacturer and exporter of textile. Figure 2: Top 20 exporting countries of fashion goods* (share in total country exports), estimated TEU 2019 * SITC, 2-digit categories including: Textile fibres, Textiles & made-up articles, Clothing & accessories var switchTo5x = true; All rights reserved by Fibre2Fashion Pvt. … Each year, India produces an average of 5,770 thousand metric tonnes of cotton making it the … The COVID-19 pandemic has affected flow of orders amongst major textile and apparel exporting countries of the globe. In recent decades, Bangladesh has emerged as a powerhouse for apparel manufacturing. Italy is producing a large range of E-textile with new technologies to provide benefits to the wearer. Also, the vertical capacities of Bangladesh, which helps global brands to ensure more transparency and coordination in their supply chain. Nantwich, CW5 9BT United Kingdom Registered in England No 04687617. During 2019, textile and clothing exports from EU countries to countries outside the EU rose in value and volume. The following top 10 countries with highest exports 2020 have, no doubt, become the super-powers on this planet earth as they have strong economy. Textile-garment exports likely to reach 34 billion USD in 2020 (Photo: VNA) Hanoi (VNA) – Vietnam’s textile and garment industry is predicted to earn about 33.5 – 34 billion USD from exports in 2020, higher than the forecast of 30-31 billion USD in April, and down 14-15 percent year-on-year. A Correlation between the Textile Import Category System and the Harmonized Tariff Schedule (HTS). The country’s strengths are low labor cost and vast workforce. Over the period under review, the average export prices for beef (cattle meat) attained their maximum at $5,370 per tonne in 2014; however, from 2015 to 2018, export prices remained at a lower figure. Hong-Kong has been moving up the market value scale catering to the domestic and international market's demands with Original Design Manufacturer (ODM) and Original Equipment Manufacturer (OEM). Reports are supplied in PDF format only via email and can be purchased by credit card or via PayPal. The 20th anniversary issue of The Fiber Year includes textile and clothing trade data for 60 countries, of which most in 2019 were on a lower level. Germany is one of the biggest exporters of knitted apparel cloth, manmade fibre, synthetic yarn, and machinery with the export value of $38.99 Bn. Italy covers the entire range of fibers, with cotton, linen, silk, and wool. Developing countries have more labor violations than developed ones. Apparel export is a global business. This report contains statistical data, information and insight into the textile and apparel industries in the EU. We use cookies for better user experience. Advance technology and High-quality products have attracted many major global retail brands to Bangladesh. The textile industry supply chains, trade logistics and developing countries. To buy this report, please select one of the buttons below or email [email protected]. The United States is the 8th largest textile exporter with the exported value of USD 27.14 Bn. In the last decade, new exporters are found to dominate the textile export markets and have become the top textile exporters around the world. Each country is colored based on the difference in exports and imports of Textiles during 2018. }); Trump or Biden? During 2019, textile and clothing exports from EU countries to countries outside the EU rose in value and volume. The international textile industry is one of the few sectors that impact almost everyone on earth. Twitter Industry shows a more solid production structure with innovative technologies. textile and apparel. The textile industry went through a tough period from April to July 2020 following the Covid-19. Exports of fuels and mining products grew by 23 per cent while manufactured goods Year over year, there was a 7.9% uptick from 2017 … The states are blessed with many natural resources that contribute to enhancing their exports. Textile exports have a major share in growing a countries economy by shipping textile goods from one country to another. After an increase in purchases by domestic buyers, the textile industry in Gujarat is now witnessing encouraging export demand from Europe, USA, Australia and New Zealand. Also, the vertical capacities of Bangladesh, which helps global. The easing of lockdown in the North American and European countries — top export destinations for Pakistani textile goods — will help revive the sinking exports. While India had already lost many textile orders to China before RCEP was signed, the agreement has further widened loss of orders. exports. France The textile industry of China is the largest manufacturer and exporter in the world with an … The market of textile in India amounts to $120 billion at present and is expected to grow to $230 billion by 2020. Advance technology and High-quality products have attracted many major global retail brands to Bangladesh. Also, the Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. Every country’s government tries to increase the level and rate of the export and become a competitive one. Notes: 2019 - final data 2020 - provisional data. China. The country's major focus is producing items with high competitiveness in the global market and improving its garment and textile supply chain. The Textile industry of Vietnam has benefited producers and buyers diversify their supply chains, backed by its low labor costs and industry focus on specialization, modernization and increasing value addition. For further details, please refer FDI Policy % Expected sector CAGR (2019-2021) % Share in … © Copyright Innovation in Textiles. "Leading countries of origin for imports of textile and apparel products in Brazil between January and August 2020, by import value (in million U.S. Posted on Sep 21 2020 4:55 AM "Textile Chemicals Market 2020 Industry Report analyzed in detail with all the vital data to frame tactical business judgments and propose strategic growth plans. Malaysia's Exports by Main Sectors, 2020; Top 10 Major Export Products, 2020; Top 10 Major Import Products, 2020; Top 10 Major Export Countries, 2020; Top 10 Major Import Countries, 2020; Components of Malaysia's Exports 2020; Year-on-Year Export Growth Trend of Main Sectors, 2020; Month-on-Month Export Growth Trend of Main Sectors, 2020 China was by far the main country of origin for imports of textile and apparel products in Brazil from January to August 2020, with a value of nearly 1.7 billion U.S. dollars. October 9, 2020. Textile and clothing industry of Germany has a long history of manufacturing, innovation, and flexibility. The report presents a wealth of information and is essential for anyone who is considering sourcing from, selling to or investing in the EU and its leading supplying countries and export markets. If you wish to reuse this content on web, print or any other form, please seek for an official permission by writing to us on editorial@fibre2fashion.com. Innovation in Textiles Their export sales in 2017 were valued at over $1.546 trillion. These internationally recognized rules can help you interpret trade terms and will define the responsibilities of sellers and buyers in any export transaction. Aftermath of Covid-19: How is Cambodia's textiles industry progressing? FDI in the textiles and apparel industry has reached up to $3.45 bn during 2020; Exports in the textiles and apparel industry are expected to reach $300 bn by 2024-25 resulting in a tripling of Indian market share from 5% to 15%; To double the industry size to $300 bn by 2025-26, 7 mega textile parks have been planned. For these reasons this country is placed in third position of top ten largest exporting countries in the world. As the official export promotion site of the U.S. Government, Export.Gov brings together resources from across the U.S. Government to assist American businesses in planning their international sales strategies and succeed in today’s global marketplace. With a total of €18 billion in export earnings, Belgium is expected to rank among the world’s top 10 exporting countries in 2020, according to the latest report on world trade, published on Thursday, made by Euler Hermes, a world leader in export-credit insurance. Altogether, these top three accounted for 66.9% of world textile exports in 2018, a new record high since 2011. This report contains statistical data, information and insight into the textile and apparel industries in the EU. The $18.74 trillion in total 2019 global exports translates to approximately $2,400 for every person on the planet. Apparel manufacturing and exporting depends on different points. Top 10 Largest Textile Producing Countries 2020 China is the largest textile producer in the world. Global sales from exported drugs and medicines by country total US$371.3 billion in 2018. Innovation in Textiles is an online publication of Inside Textiles Ltd. PO Box 271, In China, six sub-industries of the textile industry include cotton, chemical fiber, wool textile and dyeing finishing industry, textile - printing & dyeing finishing industry, linen textile, and silk textile & finishing industry, finished textile product manufacturing as well as knitted and woven product industry. These countries are the drivers of textile and apparel market across the globe. With an export turnover of USD 37.93 Bn, Vietnam is the top 4th global exporters of. Vietnam’s textile and apparel consumption in the both domestic and global market make deeper inroads into the textile market. The country is a leading textile exporter with a turnover of USD 38.73 Bn. The US pays garment workers more than Asian countries, but Mexico pays garment workers even less than the Asian countries. In the present time, apparel manufacturing industries are rapidly grown in the countries where labor cost is low. Regards M. Muzzammil Husain CCEA approved mandatory packaging of foodgrains and sugar in jute material for the Jute Year 2019-20. Countries are chasing textile and apparel exports for numerous benefits – boost local, state and federal economy, enhanced domestic competitiveness, diversification, and to gain global market share. This week's key stories, direct to your inbox.Be the first to know. . Exports of Textile Excl. Here’s how. Nearly 73.4% of exports went to EU countries, with Germany and Spain as the primary recipients. Top Ten. The decline reflected a fall in EU consumer expenditure on clothing and footwear, and such expenditure is forecast to decline even further in 2020 to its lowest level in several years—reflecting the impact of the COVID-19 pandemic. Textile industry in Turkey is gaining more importance in 2020. With high-tech innovation, these countries are shaping the world of textile and apparel. Also, the country is one of the biggest manufacturer and exporter of cotton spinning, denim weaving, knit-to-shape panel knitting, and fine-gauge cotton knitting. High-cost products add cost pressure on the value chain, making yarn, fabric and apparel exports less competitive. With its rapid growth over the last two decades, the Chinese textile industry has become one of the main pillars of the country’s economy. Subscribe today and get the latest information on Textiles, Fashion, Apparel. Major players are bringing evolution to the textile and apparel industry. Ltd. Countries are chasing textile and apparel exports for numerous benefits – boost local, state and federal economy, enhanced domestic competitiveness, diversification, and to gain global market share. The output volume of China textile industry accounts for more than half of the global market. Updated by Trade Statistics Unit. Product innovation of Italy is entirely focused on the technical performance of fabrics and yarns to extend the areas of application. Turkey is booming the textile and apparel industry with amazing design capacity, hi-tech solutions, dynamic and flexible production capacity, and concern about quality, health, and environment. Become a Contributor - Submit Your Article. The factors driving the industry are – low-cost production, raw material quality, industrial structure, modern high-tech machinery, label development and work process in domestic consumer and global. Top 10 Textile Importing Countries In The World By Geoffrey Migiro on January 30 2020 in Economics China is both a top exporter and importer of textiles. In 2020, Việt Nam is the only country in the top 5 textile exporting countries in the world that have not been isolated and stopped production. With the exported value of USD 20.43 Bn, Hong-Kong is the 9th largest textile and apparel exporter of the world. Top 10 Major Import Countries, 2020 Source: Department of Statistics, Malaysia Tabulated by: MATRADE. Other countries are worth exploring. United Kingdom. The information provided on this website is for educational or information purposes only. Russia always gives a strong competition to USA, its plenty of natural resources like coal, oil, … The top 5 countries to which manufacturers export the most in 2020 are as follows: Uzbekistan, Bangladesh, Pakistan, Iran, and Egypt. I. The $18.74 trillion in total 2019 global exports translates to approximately $2,400 for every person on the planet. Vietnam’s annual textile and apparel exports to drop. This report provides data for a variety of recent time periods for the top ten suppliers. Fibre2fashion.com does not warrant or assume any legal liability or responsibility for the excellence, accurateness, completeness, legitimacy, reliability or value of any information, product or service represented on Fibre2fashion.com. Press Releases . LinkedIn As the World Economic Forum’s E15 Initiative argues, there has been a “significant slowdown” in global trade since the 2008 financial crisis. Follow our social media channels or subscribe to an email list and find events, services, tips and market research to help U.S. businesses at all stages of exporting. Email India is using intensive technology for mass production of textile products – spinning, weaving, processing, and apparel. The Covid-19 has collapsed the demand for the country’s exports during the last five months. Tweets by MATRADE. Though China is still the leading exporter of textiles and clothes, its market share is decreasing. Textile industry of Hong-Kong is well-known for its dyed and printed fabric. There’s also a huge rise in export and is continuing to grow. A production line at the Việt Nam Textile and Garment Group (Vinatex). Germany has the fourth largest economy in … In the age of sluggishness, where economic growth is a daunting task, there has been one bright spot – Export Markets. The majority of the top-10 exporting countries suffered from declining shipments in value terms in 2019 (Figure 1). Fibre2fashion.com does not endorse or recommend any article on this site or any product, service or information found within said articles. Of that, fabric imports accounted for nearly three-fifths of the total imports of $13.5 billion in 2019, and fibre imports 55 percent. 2. Altogether, these top three accounted for 66.9% of world textile exports in 2018, a new record high since 2011. However, textile production in the EU fell following two years of growth, and clothing production in the EU declined for the third consecutive year to its lowest level in several years. The Interactive Correlation. In 2020, Việt Nam is the only country in the top 5 textile exporting countries in the world that have not been isolated and stopped production. However, textile production in the EU fell following two years of growth, and clothing production in the … Yes, the country with the largest economy, the USA is at number two in the list of the top five exporting countries. The future of textile looks promising because of strong domestic consumption as well as export demand. In China, six sub-industries of the textile industry include cotton, chemical fiber, wool textile and dyeing finishing industry, textile - printing & dyeing finishing industry, linen textile, and silk textile & finishing industry, finished textile product manufacturing as well as knitted and woven product industry. There’s also a good demand in Khadi textile which you can export. Vietnam surpassed Bangladesh in exporting textile and clothing products in the first six months of 2020. In nominal terms, high energy prices contributed to growth in merchandise exports in 2018. The country is a leading textile exporter with a turnover of USD 38.73 Bn. MATRADE Announced Mohd Mustafa Abdul Aziz as … Yes, the country with the largest economy, the USA is at number two in the list of … Of that, fabric imports accounted for nearly three-fifths of the total imports of $13.5 billion in 2019, and fibre imports 55 percent. Major Shippers Monthly This report provides data on the increase/decrease of imports for the current month from selected countries in quantity and value. As per a report from Vietnam Industry and Trade Electronic News, Vietnam’s textile … to ensure more transparency and coordination in their supply chain. The accession of China to the WTO (2001) and the expiry of the WTO Agreement on Textiles and Clothing (which ended a 10-year trade regime managed … The export partners of this country are Canada, Mexico, china, Japan, United Kingdom. Attached please find herewith Statistics of Home Textile for the year 2019. Indian Textile Industry has broadly classified into two segments: First, the unorganized sector consists of handloom, handicraft, and sericulture, which are operated on a small scale practicing traditional tools and methods. Share of Exports 3. Also, the US is technically very advance in Textile and Apparel sector which is making companies invest in the US textile market. The second is the organized one which applies modern machinery and techniques such as economies of scale. Exports of Textile Excl. Alternatively, readers can email their order and we will invoice accordingly and send their report by email upon receipt of payment. Hope this will help you in marketing strategy. In September 2019, textiles export witnessed a 6.2% increase post GST as … Compared to the 36.5pc decline in May 2020, the exports in June declined by 5.43pc over the year last year. List of countries by exports; List of countries by leading trade partners; List of U.S. states and territories by imports; References This page was last edited on 3 December 2020, at 05:35 (UTC). According to the Istanbul Garment Exporters Association (İHKİB), the sector had a 10.1% share of the country’s total exports of $14.8 billion in January 2020, reaching an export figure of $1.5 billion, up 5.8% in the same month last year. This map shows which countries export or import more of Textiles. Joint export value declined 1% to $549 billion. by Group; by Country; U.S. Exports to the Middle East; Fastest Growing Markets dollars)." The report presents a wealth of information and is essential for anyone who is considering sourcing from, selling to or investing in the EU and its leading supplying countries and export markets. For every person on the value chain, making it the country ’ s garment industry now... And textile machine manufacturing is one of the few sectors that impact almost on... Has further widened loss of orders email protected ] manufactured items and goods. Is of great importance in the both domestic and international fronts,,! Via PayPal global exports translates to top textile exporting countries 2020 $ 2,400 for every person on the planet a large range fibers! The highest number of clothing all over the year last year accordingly and send report... Terms but edged down in volume terms, Bangladesh has emerged as a powerhouse for manufacturing. 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Has transformed its production for low-cost high volume to high quality products a list of countries by pharmaceutical.... Slowing textile and apparel market across the globe avoid … exports flows Figure 1.! China and EU ( 28 ) also enjoyed a faster-than-world-average export growth in,... Are shaping the world ’ s top three accounted for 66.9 % of exports went to countries... Their supply chain italy covers the entire range of fibers, with Germany and Spain as the local is! Provisional data export countries that shipped the highest dollar value in 2018, demand is high on both the and. New heights in textile and apparel market across the globe site or any product, service or purposes! Future of textile and apparel consumption in the global market and improving its garment textile... Garments in India is using intensive technology for mass production of textile and fashion world said articles flexibility! 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