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According to Women's Wear Daily, they account for more than 50 percent of the world's total overall production, exports, and retail. As of 2022, their textile and garment exports total up to around $316 billion and their retail up to $672 billion. China has been ranked as the world's largest manufacturer since 2010. [4]
The textile sector accounts for 54% of Pakistan's export earnings. [32] The industry's contribution in the nation's exports account for 8.5% of the total GDP. Textile exports stood at $4.4 billion in 2017–18. The industry employs a large section of the labour force in the country.
Cotton fields in the United States. The United States exports more cotton than any other country, though it ranks third in total production, behind China and India. [1] Almost all of the cotton fiber growth and production occurs in the Southern United States and the Western United States, dominated by Texas, California, Arizona, Mississippi, Arkansas, and Louisiana.
Since the (re)emergence of developing countries as a source of cotton textiles, production from these countries steadily increased after colonial independence.A number of treaties concerning Short-Term Arrangements regarding International Trade in Cotton Textiles (Geneva, 21 July 1961); Long-Term Arrangement regarding International Trade in Cotton Textiles (Geneva, 9 February 1962 and 15 June ...
Pages in category "Textile industry by country" The following 2 pages are in this category, out of 2 total. ... This page was last edited on 25 July 2023, at 05:56 (UTC).
Last year, its market share was 36.7%, or $161 billion, a decline of 8% year-over-year. In other words, China lost $14 billion in garment work orders to other countries in a single year. In 2016, Bangladesh's apparel market share was valued at $28 billion, increasing 7.69 percent from the previous year.
In recent years, Pakistan has faced competition from regional players including Bangladesh, India and Vietnam. In the past decade, Pakistan's share in global textile market decreased to 1.7 percent from 2.2 percent, Bangladesh saw an increase from 1.9 to 3.3 percent and India from 3.4 to 4.7 percent. Barriers to growth include:
The export value of textile industries was US$44 million in 1963 in which 80% of it was cottons. Major exporting countries or regions were British Hong Kong, Iran, Latin America, South Korea, South Vietnam, Thailand, United Kingdom, United States. [1] In 2015, textile exports amounted NT$10.8 billion and imports amounted NT$3.46 billion.