Table 3: Competitor Strengths and Weaknesses
|
Country |
Strengths |
Weaknesses |
|
China |
Worlds largest Textile Economy.
The largest exporter of textiles & clothing (worth US
$ 62 billion in 2002).
This accounts for 17% of world trade (Textiles = 13%;
Clothing = 20%).
Worlds largest producer of Cotton.
Worlds largest producer of Synthetic fibres.
Textile sector generates 10% of its GDP; and 20% of its
merchandise output.
Relatively low labour costs.
|
Large obsolete production capacities in the cotton sector.
Low value addition. |
|
Bangladesh |
One of
the worlds largest exporters of ready made garments (exports of US $ 5
billion pa).
Significant
presence in US markets, due to a large quota.
Also
enjoys quota free, and duty free access to Australia; Canada and Norway.
Its
status as a least developed country (LDC) will give it favourable market
access in the post
quota era (01/01/2005); with preferred facility for EU markets.
Has mastered
the garment trade and has low cost / high productivity in that sector.
|
Raw
material base; no indigenous cotton production; and relies heavily on
imported yarns and fibres.
Inadequate
infrastructure.
Leads to
congestion and delays at ports.
Inadequate
communications network.
Uncompetitive
and unreliable power supply leads to production delays and elevated costs.
|
|
Sri Lanka |
Textile
and Apparel Industry has crucial part of countrys economy.
It is the
countrys biggest employer in manufacturing; and number 1 export earner.
In 2001
it accounted for 69% of the countrys industrial exports and 53% of its total
exports.
Relatively
secure markets in with USA; EU and Canada through bilateral agreements.
|
Small
domestic fabric base.
Relies heavily
on yarn and fabric imports.
Industry
is seeing decline in competitiveness due to its heavy reliance on quota
categories, concentration on a few markets, inability to develop new markets
or major purchasers because of direct marketing contacts.
Relatively
small domestic market, little cash generation to support investment in
developing export markets.
|
Pakistan |
Fourth largest Cotton producer in the world.
Highly developed garment confection industry, and also dyeing & finishing industry.
Abundant labour force, which relatively cheaper than China and India.
|
Limited manufacturing base in clothing and processing.
Limited research and development restricting diversity in product and innovation.
|