Overview:  This page contains the latest trade data of Textiles. In 2019, Textiles were the world's 7th most traded product, with a total trade of $802B. Between 2018 and 2019 the exports of Textiles decreased by -1.3%, from $812B to $802B. Trade in Textiles represent 4.43% of total world trade.

Exports: In 2019 the top exporters of Textiles  were China ($248B), Bangladesh ($42.8B), Vietnam ($41.2B), Germany ($37.3B), and India ($35.5B).

Imports: In 2019 the top importers of Textiles were United States ($119B), Germany ($58.8B), Japan ($36B), United Kingdom ($34B), and France ($33.9B).

Tariffs: In 2018 the average tariff for Textiles was 15.4%, making it the 5th lowest tariff using the Section product classification.

The countries with the highest import tariffs for Textiles are Iran (60.4%), Syria (29.9%), Ethiopia (28.9%), Bahamas (28.7%), and Sudan (26.8%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Mauritius (0.42%), and Sri Lanka (0.59%).

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

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $248B

Top Destination (2019): United States, $119B

Textiles are the world's 7th most traded product.

In 2019, the top exporters of Textiles were China ($248B), Bangladesh ($42.8B), Vietnam ($41.2B), Germany ($37.3B), and India ($35.5B).

In 2019, the top importers of Textiles were United States ($119B), Germany ($58.8B), Japan ($36B), United Kingdom ($34B), and France ($33.9B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Vietnam, $2.93B

Top Destination Growth (2018 - 2019): Saudi Arabia, $1.53B

Between 2018 and 2019, the exports of Textiles grew the fastest in Vietnam ($2.93B), Honduras ($1.63B), Bangladesh ($1.51B), Myanmar ($1.12B), and Brazil ($962M).

Between 2018 and 2019, the fastest growing importers of Textiles were Saudi Arabia ($1.53B), United States ($1.53B), India ($863M), Greece ($752M), and Myanmar ($557M).

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Market Concentration

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Cumulative market share

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

In 2019,  market concentration measured using Shannon Entropy, was 4.61. This means that most of the exports of Textiles are explained by 24 countries.

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TOP NET EXPORTER (2019): China, $219B

TOP NET IMPORTER (2019): United States, $94.4B

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Textiles were China ($219B), Bangladesh ($30.3B), India ($26.2B), Vietnam ($18.9B), and Turkey ($18.7B).

In 2019, the countries that had a largest trade value in imports than in exports of Textiles were United States ($94.4B), Japan ($27.3B), United Kingdom ($22.5B), Germany ($21.5B), and France ($17.7B).

Disaggregation

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Value
Disaggregation

In 2019, the world most traded Textiles, disaggragated by their HS6 level were T-shirts, singlets and other vests, of... ($31.3B), Mens, boys trousers & shorts, of... ($26.7B), Pullovers, cardigans etc of manmade fibres,... ($25.8B), Pullovers, cardigans etc of cotton, knit ($25.2B), and Womens, girls trousers & shorts, of... ($20.9B)

Import Tariffs

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In 2018, the average tariff for importing Textiles was 15.4%. The countries with the highest tariffs for importing Textiles were Iran (60.4%), Syria (29.9%), Ethiopia (28.9%), Bahamas (28.7%), and Sudan (26.8%).

Product Complexity

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Diversification Frontier

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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.