A brief analysis of the development status of the textile industry in various countries around the world

Analysis, in the era of economic globalization, the textile industry should control the key trends from the general direction of the global textile industry. Below, the marketing department briefly analyzes the development status of the textile industry in various countries around the world. 1. Asian Southeast Asian countries: Except for Indonesia and Thailand, which have a certain scale of textile exports, they are basically mainly clothing exports. The countries with relatively advantageous exports are: Bangladesh, Indonesia, Thailand, Vietnam, etc. Among them, Bangladesh imports clothing in the EU The market ranks 6th, Vietnam ranks 4th in Japan's clothing import market, and Indonesia ranks 6th in the US clothing import market. Bangladesh, Vietnam and other countries have outstanding cost advantages. The minimum wage for garment factory workers is only US$45 per month, and the prices of energy such as land, water and electricity are also very favorable. India. It is the third largest cotton-producing country in the world, with a large-scale and strong textile industry. The textile and garment industry is a pillar industry in India, accounting for 20% of the national manufacturing industry, with 15 million employees, and the export of textiles and garments accounts for 25% of the total export. The main markets are the EU and the US, ranking third in the EU market and fourth in the US market. India's spinning, weaving and printing and dyeing equipment and technology are of high level and have become my strong competitors. Pakistan. The textile and garment industry is the country's pillar industry, accounting for 46% of the country's manufacturing industry, with 15 million employees, accounting for 38% of the manufacturing employment, and the textile and garment export accounted for 66% of the total export, making it the fourth largest in the world. It is a cotton-producing country with strong textile industry strength and strong spinning and weaving capabilities. Its export products are mainly primary textile products such as yarn and cloth. The competitiveness of Pakistani cotton yarn has a tendency to surpass that of my country. Its textiles are ranked 6th, 7th and 8th in the US, EU and Japan textile import markets respectively, and the proportion of finished products such as garments is relatively low. Japan. Japan is the third largest economy in the world and the main market for our textile and garment exports. In 2003, Japan's economy showed signs of recovery, but consumer spending remained sluggish. Nonetheless, due to the huge consumption base of Japanese textile and apparel, and the fact that most of the textile and apparel industry has moved its manufacturing location to China, its consumer market still relies heavily on imported products. In Japan's textile and apparel import market, Chinese products account for 71.5%, with strong price and quality competitiveness. Therefore, the main challenge facing my export enterprises in the Japanese market is not to expand market share, but to provide deep processing, high-quality products, increase product added value and brand services. 2. America, Mexico and Central and South American countries: After the United States, Canada and Mexico signed the 'North American Free Trade Agreement' and other regional preferential trade measures in 1994, the quotas and tariffs were greatly liberalized. Investment, the textile and apparel exports from Mexico and Central and South American countries to the United States have continued to grow. Mexico has become the largest source of US textile and apparel imports for six consecutive years since 1996. Beneficiary of Caribbean Basin Trading Partners Act (CBTPA) provisions exempt from import quotas and tariffs on U.S. components. 3. Europe Turkey: In 1996, the EU and Turkey established the 'Customs Union Agreement', which canceled the quotas and tariffs on textile and clothing products imported from each other. Turkey's textile and clothing industries are strong. In 2003, the export of clothing was nearly 6 billion US dollars, accounting for 82% of its total clothing exports, ranking second in the EU's import sources. 4. Central and Eastern European and Mediterranean countries: including Romania, Poland, Hungary, Bulgaria, Tunisia, Morocco, etc. Up to now, the EU has abolished textile and garment quotas and tariffs for all EU candidate countries and Mediterranean countries (except Egypt) through various bilateral or multilateral trade preferences. The main export market of these countries' textile and clothing is the EU, and the main trade method is to import textile raw materials, yarns and fabrics from the EU, and then process them into clothing and sell them back to the EU. In the EU clothing import market in 2002, Romania, Tunisia, Morocco and Poland ranked 3rd, 4th, 6th and 9th respectively. Article source: (Hong Kong) Co., Ltd.
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