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Топ-10 стран-экспортеров одежды в мире

Every nation strives to improve its economic well-being. A good economy reflects a financially independent and sound state. This prevents the horrors of obtaining loans from supranational organizations, international financial institutions or other countries.

A stable economy is a sign of a prosperous nation, thereby attracting international investment and valuable opportunities.

Focus Economics panelists believe the US will retain its title as the world’s largest economy, with a projected nominal GDP of US$25.3 trillion in 2024. Countries are taking unprecedented measures to improve their economic well-being. They develop constructive strategies to increase their monetary value.

One constructive way to significantly stimulate economic growth is to increase exports and reduce imports. Exporting goods refers to the idea of ​​selling goods and services to other countries. This gives impetus to the flow of foreign exchange into the country from various countries around the world.

The money earned from selling products to the outside world has a significant impact on economic growth. Exports are goods or services produced in other countries at a massive profit, thereby boosting the economy.

On the other hand, imports are goods or services purchased from other countries, thereby helping their economy. It should be noted that it is extremely important to ensure that a country’s imports never exceed its exports as this will significantly imbalance the economy, thereby destroying it. This activity is called a country’s «trade deficit» . Therefore, the quantity of exports should always be ahead of imports to ensure a balanced and high economy.

Exports have a phenomenal impact on the economic well-being of a country and its citizens. Product manufacturing initiates new industries and factories, thereby creating employment opportunities for those citizens who need it.

It launches new entrepreneurship and businesses, thereby making the country self-sufficient.

Increasing exports also helps reduce imports as the country can now produce everything on its own. They produce homemade products in their own country which also meet their needs.

Exporting allows a country’s manufacturers to gain ownership advantages and develop low-cost and differentiated products. It is seen as a low-risk mode of production and trade.

Growth in the export industry

In 2019, the global trade value of goods exported around the world was approximately US$19 trillion at current prices. It is evident that the export industry is growing at a phenomenal rate. Many countries overseas have increased their exports to up their economic game and adopt a self-reliant approach in the face of financial crises.

However, it is clear that the ongoing novel coronavirus crises have hampered the export of goods due to the stoppage of transit facilities and lockdowns. The pandemic has had a significant impact on the export industry.

Many supplies had to suddenly stop, creating difficulties for both sellers and buyers. However, although coronavirus is deadly, it has become the new normal and the world is gradually adapting to the many changes and alterations it has bought. Consequently, the export industry has also returned to normal after suffering significant damage.

Following this, exporters are now actively ensuring that their losses increase by increasing their exports, thereby benefiting themselves and the international export market.

Garment Export Industry

The export industry is huge and covers numerous products and services around the world. The numerous categories range from essentials to luxury items. One trade that is important in the export industry is clothing.

Clothes are a basic necessity and are needed by almost everyone, no matter how rich or poor they are. It is obvious that since time immemorial, clothing has been an urgent need for earthlings.

The clothing industry includes numerous items including clothing for men, women, children, seniors and almost every age group. It includes making suits, uniforms, costumes and more. The fashion industry is also closely related to the clothing industry as they require material for new trends and styles.

Keeping this in mind, it is obvious that the garment export industry accounts for a large portion of exports, thereby helping to earn substantial profits and cash.

The textile industry is huge as it involves a variety of materials including silk, wool, linen, cotton and inorganic fibers. Before humans learned to weave these fibers into textiles to make clothing, the first garments were most likely made from animal skins. Industry today has been industrialized on such a scale that it is almost unrecognizable from its origins. The demand for clothing and apparel is increasing significantly with the apparent increase in the world population. This has a direct impact on the garment export industry.

As the demand for textiles increases, the clothing export industry is also growing and expanding.

Many countries around the world play an important role in promoting the apparel export industry by exporting clothing and apparel to buyers and those in need. Let’s take a look at the 10 most significant apparel exporting countries in the world;

1. China

Encompassing the largest population in the world, China is a country known for its huge manufacturing industry. The Chinese have succeeded in making almost every product at affordable prices. They are the world’s largest clothing exporters in the world. China exported $274 billion worth of textiles in 2013, a volume that was nearly seven times that of Bangladesh, the second-largest exporter with $40 billion in exports. [2] This accounted for 43.1% of global clothing exports.

Additionally , in 2019, China was the world’s leading clothing exporter with a share of about 30.8 percent. The Chinese textile industry began in the 20th century, stimulated by the First World War, and was greatly affected by the Second Sino-Japanese War. They did not fully recover until the 1950s, when many of the big tycoons moved their empires to Hong Kong to avoid persecution while the rest of the industry was monopolized by the government.

However, when Deng Xiaoping came to power, these Hong Kong companies were seen as models of technologically advanced capitalist companies. They were able to reunite with those who remained in mainland China. The Chinese clothing export industry continues to grow and eclipse every other exporting country in the world.

2. Germany

After China, Germany has become one of the largest clothing exporters in the world. Germany is a world leader in the textile and fashion industry with an export value of $38.99 billion. Known for its superior synthetic yarns, machinery, man-made fibers and knitted fabrics, Germany encompasses many small and large industries that produce high-quality clothing. The raw materials used by German manufacturers are of high quality, which attracts buyers to purchase from German sellers. Over the past few decades, the country has improved the quality of textile production. There is no doubt that the country will improve significantly in the future and become the world’s largest exporter.

3. Bangladesh

It is obvious that the main source of income for Bangladesh is their textile industry. They embrace the hardworking citizens who make exceptional clothing that is sought after all over the world. The industrious nation, which has not even completed one century of independence, has phenomenally become the world’s 3rd largest exporter in 2020.

In 2020, Bangladesh’s garment export value was around $38.73 billion. Over the past seven years, the garment industry in Bangladesh has increased its revenue from $19 billion to $38.73 billion.

They are also the second largest exporter of Western fast fashion brands. They are enthusiastically aiming to reach 50 million export value in 2021. If the country maintains the same pace in garment production and export, Bangladesh will one day become the world’s largest garment exporter.

4. Vietnam

Located on the eastern Indochina Peninsula, Vietnam is the 4th largest exporter of clothing and apparel. Their total export value is $37.93 billion. Vietnam’s textile industry includes three sub-sectors — the processing sector, fiber production and clothing production in the upstream sector.

The reason for the country’s export success is that they send their goods to the US, Japan, EU and South Korea. And another significant fact is low labor costs. In the next few decades, Vietnam will undoubtedly maintain this top position for many years to come.

5. India

The second most populous country in the world, the 5th largest exporting country in the world. With an export value of $37.11 billion, India produces various types of fashion clothing that are praised all over the world for their artistic touch. The textile industry is one of the country’s oldest industries, which includes cotton-based products. The Indian textile sector consists of two significant parts.

Firstly, it is an unorganized sector formed by the handloom sector. Another one is formed using modern machines and methods. India has exceptional quality in yarn, chain, apparel and fabric production. India is making progress in its textile manufacturing day by day. Moreover, the country uses advanced technology for its production, which makes it different from other industries.

6. Italy

Europeans are known for fashion trends and are often labeled as trendsetters. Located in the heart of Europe, Italy is the 6th largest clothing exporter in the world. Their total export value comes down to US$36.57 billion. The export-oriented Italian industry is rapidly developing and growing at an unprecedented rate. The Italian textile industry occupies a prominent position in the world of clothing and fashion. Italy covers the entire fiber spectrum, with cotton, linen, silk and wool.

The industry is demonstrating a stronger production structure with innovative technologies. Product innovation in Italy is entirely focused on the technical characteristics of fabrics and threads to expand the range of applications. Italy produces a wide range of e-textiles with new technologies to provide benefits to the wearer.

7. Turkey

Situated between Europe and Asia, Turkey has a unique sense of fashion in clothing making it a critical clothing exporter to the world. Türkiye is the 7th largest clothing exporter in the world. Their textile export industry reached a value of US$27.56 billion. Turkish production and export industries have shifted from low value-added products to high value-added industrial products and fashion products.

Their textile industry is equipped with fantastic design capabilities, high-tech solutions, dynamic and flexible production capabilities and a commitment to quality, health and the environment.

8. United States of America

America is designated as one of the largest and most competitive countries in the world in the commercial world. 8th largest apparel exporter with total export value in the world at US$27.14 billion. America is home to exceptional textile raw materials, fabrics, yarns, clothing, home furnishings and other textile products.

American textiles’ strength lies in nonwovens, specialty and industrial fabrics, medical textiles and protective clothing. In addition to this, America is technologically advanced in the textile and apparel sector, forcing companies to invest in the US textile market.

9. Hong Kong

The 9th largest clothing exporter in the world is Hong Kong. Their total export value is US$20.43 billion. They excel in manufacturing and exporting cotton spinning, denim weaving, shape knitting and fine cotton knitting. They are also known for their beautiful and eye-pleasing dyed and printed fabrics.

Hong Kong is moving up the market value scale by meeting the needs of the domestic and international market with original design manufacturer (ODM) and original equipment manufacturer (OEM).

10. Spain

Located in Europe, it is known for its colossal textile industry and is also a very exotic tourist destination. Numerous tourists from all over the world visit Spain’s diverse geographical and cultural sites. With a total export value of US$20.20 billion, Spain has become the 10th largest clothing exporter in the world.

Textile and textile engineering is one of the largest industries in Spain. From spinning, weaving garments to dyeing and finishing, they produce various types of machinery. The trade and creativity of textiles in Spain has also made it a prominent area for fashion. In addition, Spain is constantly moving forward to reach new heights in the world of textiles and fashion.

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