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Analysis: New Developments of Major Competitors in my country's Textile and Apparel Industry
In this session of the Canton Fair, the textile and apparel pavilion's order volume dropped slightly. During the adjustment period of the industry development strategy, more attention should be paid to the development trends of competitors. India-From January to July 2014, textile and apparel exports increased by 11.3%. According to statistics from the Indian Ministry of Commerce, in the three years from 2012 to the present, India’s textile and apparel exports have increased by about 10% each year. From January to July 2014, exports of textiles and apparel have increased year by year. Clothing was 21.365 billion US dollars, an increase of 11.3% over the same period last year. Although the U.S. is the largest export market for India, India’s export market is relatively fragmented and its dependence on the U.S. is not very strong. From January to July 2014, exports to the United States were US$4.17 billion, an increase of 7.1%, and its share of all export markets was 19.5%, a year-on-year decrease of nearly 1 percentage point. Turkey—Textile and apparel exports from January to August 2014 increased by 8.59% According to the statistics of the Turkish National Bureau of Statistics, Turkey’s textile and apparel exports also achieved growth for three consecutive years. From January to August 2014, Turkey exported 19.63 billion US dollars in textile and apparel, an increase of 8.59%. Due to geographical advantages, Turkey’s main export markets are mostly distributed in European countries. Among the top ten export markets, European countries account for seven. Among them, Germany is its largest export market and has maintained steady growth in the past three years. The annual export value was US$3.14 billion, an increase of 10.2%, and its share was 15.99%. Mexico—Textile and apparel exports from January to July 2014 increased slightly by 2.19% According to official Mexican statistics, from January to July 2014, Mexico’s textile and apparel imports were US$4.1 billion, a slight increase of 2.19% year-on-year. Among them, the United States is its largest export market. Exports to the United States amounted to US$3.59 billion, an increase of 2.4%. Its share has remained stable for many years. The share was 87.7% from January to July 2014, which is highly dependent. . Philippines-From January to July 2014, textile and apparel exports achieved a rapid growth of 27.8%. According to the National Statistics Office of the Philippines, from January to July 2014, the Philippines' textile and apparel exports rebounded, achieving a rapid growth of 27.8%, and the export value was US$1.26 billion. . Among the top ten export markets, in addition to a slight increase of 7.4% in exports to Hong Kong, the other nine markets have experienced rapid growth in their export volume, with an increase of 20%-95%. Among them, the United States ranks first in the export market with a share of 59.4%, but the trend has declined year by year. Sri Lanka—The export of textiles and garments from January to August 2014 increased by 17.6% According to Sri Lanka Customs statistics, Sri Lanka’s textile and garment exports have achieved steady and rapid growth in the past two years. From January to August 2014, Sri Lanka’s textile and garment exports were US$3.397 billion, an increase of 17.6%. Sri Lanka’s exports to major markets have increased to varying degrees. Among them, the United States, the United Kingdom and Italy are the top three export markets, with a combined share of nearly 70%. Among them, exports to the United States were 1.33 billion U.S. dollars, an increase of 15.5%.
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