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An insight of Global textile value chain & clothing trade

China, is the largest textile and clothing exporter, having a share of 39 percent while India is distant second with 5 percent share. The top 5 textile and apparel importing nations are USA, China, Germany, Japan, and United Kingdom.

China is the largest textile producing and exporting country in the world. 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.

China will undoubtedly dominate the textile sector for many years. Germany: Germany is the runner-up country in exporting garments products 2021 after China. With an export value of $40 billion, Germany is the world leader in the textile and fashion business. In 2021, the EU was the top ranked global clothing importer with a total share of approximately 38 percent of total imports, followed by the U.S., Vietnam, and China.

Morocco, Tunisia, Egypt, Madagascar, and Kenya were the top five apparel exporters of Africa in 2020, and they accounted for 36.24 per cent, 26.07 per cent, 15.64 per cent, 6.50 per cent and 4.60 per cent respectively of the total apparel export from the region.

Bangladesh provides the lowest wages out of the major garment producing countries, where the monthly minimum wage for garment workers is 100 USD. India. There is no way you would not have heard of India being a relatively cheap country, especially in terms of shopping.  France is the leading country for the fashion industry in the world, according to the Brands Countries IPX by IFDAQ. With more than 2,300 index points, France was ahead of Italy (2,205 points) and the U.S. (1,866 points).

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