The latest OTEXA statistics show that global textile and apparel trade is changing as countries shift from China to newer sourcing destinations such as Vietnam, Bangladesh, and India.
China’s textile exports to the United States fell 9%
Comparison of 2009 and 2019 data Analysis shows that China’s textile exports to the EU, the United States and Vietnam accounted for more than 10% in 2019, accounting for 11%, 10.4% and 10.2% respectively. In comparison, textile exports to Bangladesh accounted for 5.4%, Japan accounted for 3.8%, Hong Kong accounted for 3.6%, and Indonesia accounted for 3.5%.
U.S. textile imports from China decreased by 9%
In 2019, China accounted for the EU, The apparel market shares of the United States and Japan fell by 4% year-on-year to 22.4%, 21.6% and 10% respectively. In 2019, U.S. textile and apparel imports amounted to US$111.2 billion, including US$83.8 billion in clothing and US$27.4 billion in textiles. Compared with 2009, textile imports increased by 53% in 2019.
Currently, China is still the largest purchasing destination for U.S. textile imports, accounting for 42% in 2019, followed by India, accounting for 14.6%, and the European Union ranking third, accounting for 8.5% %. However, China’s textile exports to the United States fell by 9% year-on-year in 2019.
The total value of China’s clothing imports fell by 6.9%
In terms of clothing imports, the United States’ top five purchasing purposes The places are still China, Vietnam, Bangladesh, Indonesia and India. In 2019, the United States imported 29.7%, 16.2%, 7.1%, 5.3% and 4.9% of clothing from these countries respectively. Among them, China’s proportion of U.S. apparel imports fell by 6.9% in 2019. In 2009, China’s apparel accounted for 36.6% of the U.S. import market.
In the past 10 years, Vietnam has become a major clothing producer and exporter. In 2019, the proportion of clothing imported by the United States from Vietnam increased by 1.43 year-on-year.
The EU’s clothing import value increased, but its import volume decreased
In 2019, the EU’s textile import ratio In 2009, it increased by 86% to 28.1 billion euros, while clothing imports increased by 53% from 2009 to 88 billion euros. The EU’s top six purchasing destinations in 2019 were China, Bangladesh, Turkey, India, Cambodia and Vietnam.
In 2019, the value of EU clothing imports from China remained unchanged at US$25 billion to US$30 billion. However, due to the rapid growth of EU clothing imports from Bangladesh, the number of imports from China decreased by 14% compared with 2009.
China’s share of Japan’s textile and clothing imports declines
In 2019, although Japan imported from China The number of textiles increased by 31% year-on-year compared with 2009, but its share in China’s textile imports fell by nearly 10%. On the other hand, China’s share of Vietnam’s textile imports increased from 2.7% in 2009 to 9.3% in 2019.
In the past 10 years, the value of Japan’s clothing imports from China has dropped by 8% and the quantity has dropped by 27%. In comparison, the value of Japan’s clothing imports from Vietnam increased by 401% in 2019, while the volume increased by 11%. </p
