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Bales of used clothing being unloaded from a warehouse in Haiti. The global trade of secondhand clothing is a long-standing industry, which has been facilitated by the abundance of donated clothing in wealthy countries. This trade accounts for approximately 0.5% of the total value of clothing traded worldwide, while by weight it accounts for 10%.
Globalization has encouraged the rapid growth of the fast fashion industry. Global retail sales of apparel in 2019 reached 1.9 trillion U.S dollars, a new high – this number is expected to double to three trillion U.S. dollars by the year 2030. The world consumes more than 80 billion items of clothing annually. [16]
This is an accepted version of this page This is the latest accepted revision, reviewed on 7 February 2025. For a list of countries by merchandise exports also showing merchandise imports and the resulting trade balance, see List of countries by net goods exports. The following article lists different countries and territories by their merchandise exports according to data from the World Bank ...
According to the World Trade Organization (WTO) report, the value of global clothing exports in 2022 reached US$790.1 billion, up 10.6% from 2021. China is the world's largest clothing exporter, with a value of US$178.4 billion, accounting for 22.6% of the global market share.
Below is a list of the largest consumer markets of the world, according to data from the World Bank.The countries are sorted by their household final consumption expenditure (HFCE) which represents consumer spending Values are in nominal terms in United States dollar and adjusted for Purchasing power parity (PPP) in constant 2021 International dollar in nominal terms.
China has emerged as the largest exporter of fast fashion, accounting for 30% of world apparel exports. [18] The country exports over approximately US$159 billion worth of clothing garments annually. [78] However, some Chinese workers make as little as 12–18 cents per hour working in poor conditions. [18]
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The speed of clothing consumption has increased substantially since the late 1990s across the world. [85] All aspects of fast fashion have elements that are not environmentally friendly, the amounts of waste from disposal of textiles into the garbage system is increasing beyond the industries capabilities. [85]