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Trends In World Textile And Clothing Trade, 2009/10 Edition Reports Now Available On Reportsandreports
World textile and clothing trade rose by 4.4% to US$612 bn in 2008. The rise represented as lowdown compared with the previous few years, reflecting the global economic crisis. In fact, growth in 2008 was slower than in any year since 2001, when there was a 3.2% decline. That said, four trade flows involving Asia grew at double digit rates in 2008. In textiles, exports from Asia to Africa increased by 20%, while those from Asia to the Middle East rose by 18%. But intra-North American trade fell by 8% and intra-European trade by 3%. In clothing, Asian exports to Europe rose by 17% and to Commonwealth of Independent States (CIS) countries by 14%. However, trade with North America was affected badly. Exports from South and Central America to North America declined by 5%, intra-North American trade was down by 4% and Asian exports to North America
fell by 3%.Reflecting these trends, the US textile and clothing trade deficit fell in 2008 for the first time since1991—by 3.8% to US$88.65 bn, of which clothing accounted for 88%. The EU27 deficit, however, continued to rise—by 8.8% to US$69.12 bn. At this level it equated to 78% of the US deficit comparedwith 69% a year earlier. Offsetting these deficits, China was the country with the world’s biggest surplus, followed by India, Turkey, Italy and Pakistan. The world’s biggest textile exporter in 2008 was the EU27, followed by China, the USA, Hong Kong, South Korea, India, Turkey, Taiwan, Japan and Pakistan. The EU27 was also the biggest textile importer, followed by the USA—although China ranked as high as third, followed by Hong Kong, Japan, Vietnam, Turkey, Russia, Mexico and the United Arab Emirates (UAE).In clothing, China was the world’s leading exporter for the third year running, followed by the EU27,Hong Kong, Turkey, Bangladesh, India, Vietnam, Indonesia, Mexico and the USA. As for clothing imports, 47% of the world total went to EU countries in 2008, while the USA took 22%, Japan 7% and Russia 6%. Next in importance were Hong Kong, Canada, Switzerland, the UAE, Australia and South Korea but each of these had only small shares.
SUMMARY
GROWTH IN TEXTILE AND CLOTHING TRADE
Textiles and clothing
Textile trade flows
Clothing trade flows
Intra-Asian textile and clothing trade
TEXTILE AND CLOTHING DEFICITS AND SURPLUSES
Deficits
Surpluses
LEADING TEXTILE AND CLOTHING EXPORTERS AND IMPORTERS
Leading textile exporters
Leading textile importers
Leading clothing exporters
Leading clothing importers
STATISTICAL APPENDIX
List of tables
Table 1: World trade in textiles and clothing, 2008
Table 2: Major regional flows in world exports of textiles and clothing, 2000-08
Table 3: Asian trade flows in textiles and clothing, 2000-08
Table 4: US textile and clothing trade, 1990-2008
Table 5: Textile and clothing trade balances, selected countries, 1980-2008
Table 6: Labour costs in the textile industry, by country, 1980-2008
Table 7: The world’s leading exporters and importers of textiles, 1980-2008
Table 8: The world’s leading exporters and importers of clothing, 1980-2008
Table 9: Changes in the exchange rates of selected Asian countries and the EU against the US dollar, 2nd
qtr 1997-4th qtr 2008
Table 10: Share of textile trade in total merchandise trade and in trade in manufactures, by region, 2008
Table 11: Share of clothing trade in total merchandise trade and in trade in manufactures, by region, 2008
Table 12: Exports of textiles from selected economies, 1990-2008
Table 13: Imports of textiles into selected economies, 1990-2008
Table 14: Exports of clothing from selected economies, 1990-2008
Table 15: Imports of clothing into selected economies, 1990-2008
Table 16: Exports of textiles by principal region, 2000-08
Table 17: Exports of clothing by principal region, 2000-08
Table 18: Textile imports into Canada and the USA from selected regions and countries, 2000-08
Table 19: Clothing imports into Canada and the USA from selected regions and countries, 2000-08
Table 20: Textile imports into the EU and Japan from selected regions and countries, 2000-08
Table 21: Clothing imports into the EU and Japan from selected regions and countries, 2000-08
Table 22: Textile imports into China and Mexico from selected regions and countries, 2000-08
Table 23: Trade in textiles and clothing for selected economies, 1980-2008
About the Author
Trends in World Textile and Clothing Trade, 2009/10 edition Reports now Available on ReportsandReports. ReportsandReports, comprising of an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites.
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