Conquering industry challenges, the textile is one of the well-established industries in the competitive market place. 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.
Listed below are the top 10 exporter countries based on their exported value in 2018. Let’s look at these countries based on their ranking from 10 to 1.
The Textile and textile machine manufacturing is one of the largest industries in Spain. Ranging from spinning, weaving clothing to dyeing and finishing, they manufacture all kind of machinery. Spain is the 10th largest exporter with a value of USD 20.20 Bn. Spain’s Textile trade and creation have also made it a prime area for fashion. And is continuously moving forward to reach new heights in textile and fashion world.
9) Hong-Kong, China:
Textile industry of Hong-Kong is well-known for its dyed and printed fabric. 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. With the exported value of USD 20.43 Bn, Hong-Kong is the 9th largest textile and apparel exporter of the world. 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).
8) United State of America:
The United States is a globally competitive manufacturer and exporter of textile raw materials, fabrics, yarns, apparel, home furnishing, and other textile products. The United States is the 8th largest textile exporter with the exported value of USD 27.14 Bn. The strength of US textile lies in Non-Woven, Specialty and Industrial Fabrics, Medical Textiles and Protective Apparel. Also, the US is technically very advance in Textile and Apparel sector which is making companies invest in the US textile market.
Textile and Apparel industry of Turkey has an important role in world textile trade with the capability to meet the high standard and a broad range of products. Turkish production and export of the industry have shifted from low value-added commodities to high value-added manufactured items and fashionable goods. The export value of Turkey textile industry has reached a value of USD 27.56 Bn. 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.
The Italian textile industry is preeminent to apparel and fashion world. Italy covers the entire range of fibers, with cotton, linen, silk, and wool. Italian textile industry is strongly export-oriented with an export value of USD 36.57 Bn. Industry shows a more solid production structure with innovative technologies. Product innovation of Italy is entirely focused on the technical performance of fabrics and yarns to extend the areas of application. Italy is producing a large range of E-textile with new technologies to provide benefits to the wearer.
The textile and apparel industry in India is among the world’s largest producers and exports. 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. The second is the organized one which applies modern machinery and techniques such as economies of scale. High-cost products add cost pressure on the value chain, making yarn, fabric and apparel exports less competitive. India stands at 5th largest countries with an export turnover of $37.11 Bn. India is using intensive technology for mass production of textile products – spinning, weaving, processing, and apparel.
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. With an export turnover of USD 37.93 Bn, Vietnam is the top 4th global exporters of textile and apparel. The country’s major focus is producing items with high competitiveness in the global market and improving its garment and textile supply chain. Vietnam’s textile and apparel consumption in the both domestic and global market make deeper inroads into the textile market.
In recent decades, Bangladesh has emerged as a powerhouse for apparel manufacturing. The country’s strengths are low labor cost and vast workforce. Advance technology and High-quality products have attracted many major global retail brands to Bangladesh. The country is a leading textile exporter with a turnover of USD 38.73 Bn. Also, the vertical capacities of Bangladesh, which helps global brands to ensure more transparency and coordination in their supply chain. The textile industry of Bangladesh is growing rapidly with the bulk order of value-added items of big global brands.
Textile and clothing industry of Germany has a long history of manufacturing, innovation, and flexibility. 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. The country is world’s 2ndlargest textile exporter and well known for high quality products and accessories of textile and clothing in the world. Over recent decades, the country has transformed its production for low-cost high volume to high quality products.
The textile industry of China is the largest manufacturer and exporter in the world with an export turnover of $266.41 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. 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. The output volume of China textile industry accounts for more than half of the global market.
These countries are the drivers of textile and apparel market across the globe. Major players are bringing evolution to the textile and apparel industry. With high-tech innovation, these countries are shaping the world of textile and apparel.
The future of textile looks promising because of strong domestic consumption as well as export demand.
News: Fibre2Fashion, TexPro