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XI (Harmonized System 1992 for Section)

2022
World Trade $941BRnk 7 / 21
2022
Top Exporter | Top Importer $303B | $148BChina | United States
2022
Product Complexity -0.26Rnk 14 / 21
2021 - 2022
Export Growth (CAGR) 6.8%Rnk 12 / 21
2022
Share of World Trade 3.97%Rnk 7 / 21

About

Overview This page contains the latest trade data of Textiles. In 2022, Textiles were the world's 7th most traded product, with a total trade of $941B. Between 2021 and 2022 the exports of Textiles grew by 6.8%, from $881B to $941B. Trade in Textiles represent 3.97% 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 2022 the top exporters of Textiles  were China ($303B), Bangladesh ($57.7B), Vietnam ($48.8B), India ($41.1B), and Germany ($40B).

Imports In 2022 the top importers of Textiles were United States ($148B), Germany ($69.3B), Japan ($35.3B), France ($35.2B), and United Kingdom ($33.7B).

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 (2022)China$303B
Top Destination (2022)United States$148B

In 2022 Textiles were the world's 7th most traded product (out of 21).

In 2022, the top exporters of Textiles were China ($303B), Bangladesh ($57.7B), Vietnam ($48.8B), India ($41.1B), and Germany ($40B).

In 2022, the top importers of Textiles were United States ($148B), Germany ($69.3B), Japan ($35.3B), France ($35.2B), and United Kingdom ($33.7B).

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Exporters of Textiles (2022)
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Importers of Textiles (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$18.8B
Top Destination Growth (2021 -  2022)United States$12.4B

Between 2021 and 2022, the exports of Textiles grew the fastest in China ($18.8B), Bangladesh ($10.6B), United States ($5.08B), Vietnam ($4.92B), and Cambodia ($2.85B).

Between 2021 and 2022, the fastest growing importers of Textiles were United States ($12.4B), Italy ($3.88B), Kyrgyzstan ($3.57B), Germany ($2.82B), and Turkey ($2.82B).

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Exporters of Textiles (2021 - 2022)

Importers of Textiles (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.53. This means that most of the exports of Textiles are explained by 23 countries.

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Value of Exports in Textiles

Net Trade

TOP NET EXPORTER (2022)China$276B
TOP NET IMPORTER (2022)United States$118B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Textiles were China ($276B), Bangladesh ($39.8B), India ($29B), Turkey ($21.9B), and Vietnam ($21.3B).

In 2022, the countries that had a largest trade value in imports than in exports of Textiles were United States ($118B), Germany ($29.3B), Japan ($27.2B), United Kingdom ($26.2B), and France ($17.4B).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Textiles, disaggragated by their HS6 level were Knitted clothing accesories ($290B), Non-knitted clothing accesories ($254B), Used clothes & textile articles ($85.7B), Cotton ($63.9B), and Man-made filaments ($56.7B)

HS6 Disaggregation for Textiles (2022)
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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 (2022)

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