By  on October 25, 2011

GENEVA — The value of global exports of textiles and apparel bounced back in 2010 and posted double-digit gains to reach a combined $602 billion, a report by the World Trade Organization said.

Global textile exports last year increased 19 percent to $251 billion and apparel expanded 11 percent to $351 billion, reflecting a sharp turnaround from the contractions of 18 percent and 13 percent posted respectively in 2009 as a result of the global recession.

The WTO said China accounted for a one-third share of global trade in the sector after posting gains of 29 percent in textiles to $77 billion, and a 21 percent increase in the value of apparel shipments to $130 billion.

The WTO’s “International Trade Statistics 2011” also shows that China’s share of global apparel exports increased to 37 percent in 2010, up from 18.3 percent in 2000, and its share of global textiles increased to 30.7 percent, rising from 10.4 percent a decade earlier.

The report shows that in apparel exports, Bangladesh notched a 25 percent increase in the value of its shipments to $16 billion, Turkey achieved a 10 percent gain to $13 billion, and Vietnam a jump of 27 percent to $11 billion. Strong performances were also registered by Indonesia, with the value of its apparel shipments surging 15 percent to $7 billion, and by Pakistan, up 17 percent to $4 billion.

U.S. apparel exports also bounced back, with exports up 12 percent to $5 billion, while European Union exports to countries outside the bloc grew 2 percent to $22 billion, the WTO said.

Major apparel exporter India witnessed a 6 percent contraction to $11 billion, the report noted.

Last year, the biggest import market for apparel was the EU, with shipments excluding member countries growing 2 percent to $88 billion, followed by the U.S. with a 14 percent gain to $82 billion, and Japan with a 5 percent increase to $27 billion.

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