The European Union was the leading importer of textiles worldwide, with textile imports valuing approximately 78 billion U.S. dollars in 2022. That year, the United States and Vietnam were the next two largest importers of textiles, with imports of 39 billion U.S. dollars and 19 billion U.S. dollars respectively.
What are textiles?
Textiles are the materials which are made from natural or synthetic fibers, thin threads or filaments. The fibers, threads, or filaments are worked to create yarn which can in turn be used to create cloth. Cotton, silk and denim are examples of natural textiles, while nylon and polyester are types of synthetic textiles.
International textile trade
China is the key market for the production and export of textiles and clothing. The textile industry in China is an integral element of the country’s economy. There are a significant number of textile and clothing companies in the EU. As of 2020, about 66 percent of them were clothing companies, 34 percent were textile companies, and man-made fiber companies accounted for less than one percent.
FAQs
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).
Which country is the largest importer of textiles? ›
About 1/3rd of the Indian textile industry's total production is export-oriented and the biggest importer of Indian textile is the USA.
Which country is the largest importer 2022? ›
With $3.4 trillion in imports in 2022, the U.S. is the largest importer globally. Even though higher inflation and market uncertainty loomed over the economy, U.S. imports increased 15% annually, with China as its top goods importing partner. 🇺🇸 U.S.
Who are the top 10 textile exporters in the world? ›
The top 10 largest textile export countries in the world are China, India, Germany, Italy, Vietnam, Bangladesh, Turkey, USA, Mexico, and Indonesia. These nations possess access to inexpensive materials, competent labor, and appropriate trade agreements that create job opportunities and revenues.
Who is the largest textile exporter in the world 2022? ›
In 2022, China was the top ranked global textile exporter with a value of approximately 148 billion U.S. dollars.
Who is the largest importer in the world? ›
The United States is the largest goods importer in the world. U.S. goods imports from the world totaled $3.2 trillion in 2022, up 14.6 percent ($413.7 billion) from 2021.
Who is the biggest importer of clothing? ›
Share in world imports of the leading clothing importers in 2022, by region
| Characteristic | Share of imports |
|---|
| European Union | 35.5% |
| United States of America | 19.2% |
| Japan | 4.5% |
| United Kingdom | 4.3% |
5 more rowsJun 17, 2024
Imports
| Rank | Country | Date of Information |
|---|
| 1 | United States | 2023 est. |
| 2 | China | 2023 est. |
| 3 | Germany | 2023 est. |
| 4 | United Kingdom | 2023 est. |
115 more rowsThe USA is the biggest importer in the world with total imports worth $3.17 trillion and a 13.3% import share in 2023. The top 10 importers in 2023 include: USA: $3.17 trillion (13.3%)
What are the top 10 export countries? ›
By total exports
| Country | Exports | Top export (2021) |
|---|
| China | 3,511,248 | Broadcasting equipment |
| United States | 3,051,824 | Petroleum |
| Germany | 2,104,251 | Cars |
| United Kingdom | 1,074,781 | Gold |
117 more rowsChina is the largest textile exporter in the world.
Which country consumes the most textiles? ›
Australia is now the second highest consumer of textiles per person in the world, after the USA. Each Australian disposes an average 23 kilograms of clothing to landfill each year and Australia has no systematic resources for the collection of unwearable clothing.
Who is the biggest player in the textile industry? ›
Top 17 Textile Manufacturing Companies
- Nishat Mills Ltd.
- Ha-Meem Group.
- Shahi Exports Pvt Ltd.
- Huntsman Corporation.
- Freudenberg Group.
- Eastman.
- Toray Industries, Inc.
- Trident Group India.
List of Top 10 Textile Manufacturing Countries in the World
| Ranking | Country | Exports 2024 (millions) |
|---|
| 1 | China | $286,000 |
| 2 | Bangladesh | $46,200 |
| 3 | Vietnam | $43,700 |
| 4 | India | $41,400 |
6 more rowsMar 6, 2024
Textiles, ranking as the world's seventh most traded product, have a total trade amount of approximately 882 billion US Dollars. Leading this industry is China, not only in exports but also in production and retail.
Which country imports the most used clothing? ›
In 2022, the top importers of Used Clothing were Pakistan ($250M), United Arab Emirates ($233M), Chile ($225M), Kenya ($202M), and Guatemala ($196M).
