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XI (Harmonized System 1992 for Section)

2023
World Trade $807BRnk 8 / 21
2023
Top Exporter | Top Importer $261B | $122BChina | United States
2023
Product Complexity -0.27Rnk 14 / 21
2022 - 2023
Export Growth (CAGR) -10.3%Rnk 15 / 21
2023
Share of World Trade 3.57%Rnk 8 / 21

About

Overview This page contains the latest trade data of Textiles. In 2023, Textiles were the world's 8th most traded product, with a total trade of $807B. Between 2022 and 2023 the exports of Textiles decreased by -10.3%, from $899B to $807B. Trade in Textiles represent 3.57% of total world trade.

Textiles include Non-knitted clothing accesories, Knitted clothing accesories, Cotton, Used clothes & textile articles, Man-made filaments, Man-made staple fibres, Knitted fabrics, Coated, covered, & laminated fabrics for industrial use, Wadding, felt, nonwovens, twin, ropes, & articles thereof, and Wool & animal hair, among others.

Exports In 2023 the top exporters of Textiles  were China ($261B), Bangladesh ($48.9B), Vietnam ($42.1B), Turkey ($38.6B), and India ($37.5B).

Imports In 2023 the top importers of Textiles were United States ($122B), Germany ($54B), France ($33.4B), Japan ($32.4B), and Italy ($30B).

Ranking Textiles ranks 14th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Textiles. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$261B
Top Destination (2023)United States$122B

In 2023 Textiles were the world's 8th most traded product (out of 21).

In 2023, the top exporters of Textiles were China ($261B), Bangladesh ($48.9B), Vietnam ($42.1B), Turkey ($38.6B), and India ($37.5B).

In 2023, the top importers of Textiles were United States ($122B), Germany ($54B), France ($33.4B), Japan ($32.4B), and Italy ($30B).

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Exporters of Textiles (2023)
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Importers of Textiles (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$1.88B
Top Destination Growth (2022 -  2023)Kazakhstan$2.42B

Between 2022 and 2023, the exports of Textiles grew the fastest in Italy ($1.88B), France ($834M), Uzbekistan ($523M), United Kingdom ($294M), and Netherlands ($192M).

Between 2022 and 2023, the fastest growing importers of Textiles were Kazakhstan ($2.42B), Russia ($1.4B), Tajikistan ($682M), Algeria ($547M), and Saudi Arabia ($459M).

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Exporters of Textiles (2022 - 2023)

Importers of Textiles (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Textiles.

In 2023, market concentration measured using Shannon Entropy, was 4.51. This means that most of the exports of Textiles are explained by 22 countries.

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Value of Exports in Textiles

Net Trade

TOP NET EXPORTER (2023)China$233B
TOP NET IMPORTER (2023)United States$100B

This map shows which countries export or import more of Textiles. Each country is colored based on the difference in exports and imports of Textiles during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Textiles were China ($233B), Bangladesh ($35.1B), India ($27.2B), Turkey ($26.1B), and Vietnam ($16.4B).

In 2023, the countries that had a largest trade value in imports than in exports of Textiles were United States ($100B), Japan ($24.3B), Germany ($23.3B), United Kingdom ($21.6B), and France ($19.2B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Textiles, disaggragated by their HS6 level were Knitted clothing accesories ($245B), Non-knitted clothing accesories ($223B), Used clothes & textile articles ($69.7B), Man-made filaments ($50.1B), and Cotton ($50B)

HS6 Disaggregation for Textiles (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Textiles.
It is possible to select the main countries that export or import Textiles in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Textiles by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $2.6B
TOP IMPORT POTENTIALVietnam+ $1.24B

Textiles’s highest export potential is India. With an export gap of $2.6B.  Textiles’s highest import potential is Vietnam with an import gap of $1.24B.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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