Home / Knowledge / News / World textiles and clothing exports stagnated in 2012: WTO
World textiles and clothing exports stagnated in 2012: WTO
18
Dec '13
The exports of textiles and clothing stagnated in 2012, according to the ‘International Trade Statistics 2013’, published by the World Trade Organization (WTO).
 
The report states that half of the world’s top ten textile and apparel exporters achieved export growth between 0.2 percent and 7.5 percent, but the other half recorded declines varying between 2.3 percent and 8 percent.
 
The top ten textiles and clothing exporting countries in 2012 were: China, EU 27, India, Turkey, Bangladesh, United States, Vietnam, South Korea, Pakistan and Indonesia.
 
China continued to be the leading exporter of textiles and clothing, with its share in world exports rising marginally to 33 percent for textiles, up from 32 percent in 2011, and to 38 percent for clothing, up from 37 percent in 2011, the report states.
 
However, it was Vietnam which achieved the highest growth of 7.5 percent in textiles and apparel export last year. On the other hand, the exports from the European Union decreased by 8 percent.
 
On the import side, the European Union and the United States remained the major markets for clothing, accounting for 38 percent and 20 percent, respectively, of world imports in 2012, the report said.
 
While textiles had a 2.5 percent share in world manufacturing exports in 2012, clothing had a 3.7 percent share, according to the report.
 
In terms of value, the global textile and apparel trade stood at US$ 708 billion in 2012, with the textile sector accounting for around US$ 286 billion, and the apparel sector contributing around US$ 423 billion.
 
In terms of percentage, global textiles exports decreased by 3 percent year-on-year in 2012, while clothing exports increased marginally by 1 percent year-on-year.
 

Fibre2fashion News Desk - India


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search