Trends in World Textile and Clothing Trade

February 2008 edition

Publication Date	February 2008
Publisher	Textiles Intelligence
Product Type	Report
Pages	63
ISBN Number	978-1-906196-55-4
Product Code	TXI00042

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Summary

World textile and clothing trade rose by 9.7% to US$530 bn in 2006. Although the rise was slower than the exceptional increases of 11.6% in 2004 and 12.9% in 2003, it was still the third fastest growth rate witnessed since 1995, when trade grew by 14.0%. Four trade flows involving Asia grew at double digit rates. In textiles, exports from Asia to Africa and Europe, for example, increased by 19% and 11% respectively, while those from Asia to North America rose by a respectable 9%. But intra-North American textile trade fell by 1%. In clothing, Asian exports to Europe surged by 39% while those to North America rose by 15%. However, intra-North American trade declined by 9% and exports from South and Central America to North America fell in value by 6%.

The US textile and clothing trade deficit rose by 4.3% in 2006 to US$88.93 bn. As much as 88% of the total was in clothing. The EU25 deficit, meanwhile, rose by a substantial 16.4% to reach US$56.95 bn-although this equated to only 64% of the US deficit. China continued to have the world's biggest textile and clothing trade surplus, followed by India, Italy, Turkey and Pakistan. The world's biggest textile exporter in 2006 was the EU25, followed by China. The EU25 was also the biggest textile importer, followed by the USA-although China ranked as high as third among the world's leading textile importers. In clothing, China became the world's leading exporter, ahead of the EU25-even when EU intra-trade is included. As for clothing imports, 44% of the world total went to EU countries in 2006, while the USA took 26% and Japan 7%.

Content

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, 2006
- Table 2: Major Regional Flows in World Exports of Textiles and Clothing, 2000-06
- Table 3: Asian Trade Flows in Textiles and Clothing, 2000-06
- Table 4: US Textile and Clothing Trade, 1990-2006
- Table 5: Textile and Clothing Trade Balances, Selected Countries, 1980-2006
- Table 6: Labour Costs in The Textile Industry, by Country, 1980-2007
- Table 7: The World's Leading Exporters and Importers of Textiles, 1980-2006
- Table 8: The World's Leading Exporters and Importers of Clothing, 1980-2006
- Table 9: Trends in Average Exchange Rates of Selected Asian Countries and The EU against The US Dollar, 1995-2007
- Table 10: Share of Textile Trade in Total Merchandise Trade and in Trade in Manufactures, by Region, 2006
- Table 11: Share of Clothing Trade in Total Merchandise Trade and in Trade in Manufactures, by Region, 2006
- Table 12: Exports of Textiles from Selected Economies, 1990-2006
- Table 13: Imports of Textiles into Selected Economies, 1990-2006
- Table 14: Exports of Clothing from Selected Economies, 1990-2006
- Table 15: Imports of Clothing into Selected Economies, 1990-2006
- Table 16: Exports of Textiles by Principal Region, 2000-06
- Table 17: Exports of Clothing by Principal Region, 2000-06
- Table 18: Textile Imports into Canada and The USA from Selected Regions and Countries, 2000-06
- Table 19: Clothing Imports into Canada and The USA from Selected Regions and Countries, 2000-06
- Table 20: Textile Imports into The EU and Japan from Selected Regions and Countries, 2000-06
- Table 21: Clothing Imports into The EU and Japan from Selected Regions and Countries, 2000-06
- Table 22: Textile Imports into China and Mexico from Selected Regions and Countries, 2000-06
- Table 23: Trade in Textiles and Clothing for Selected Economies, 1980-2006