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).