Biggest Textile Exporter Countries Statistics

In today’s global trade arena, the textile industry plays a critical function in the monetary growth of a country. Additionally, it employs and supports skilled and unskilled hard work in many countries. These exports had been up 9.51% as compared to the same time previous year.  Textile exports added $573.22 billion in 2022, up by 13% from the previous year. The HS code for textiles is 5911. Textile export statistics state that the textile enterprise money owed for more than 7% of business output, 2% of GDP, and 15% of general textile export profit, also makes a big impact on global textile exports nearby. Let's now find out the top 10 textile-exporting countries in 2022 in this article.

Who are the top 10 Textile Exporter Countries?

China is the biggest textile exporter with a total value of $303 billion in textile exports in 2022. Textile exports are essential for China's economy, boosting GDP and providing a huge amount of employment.  At a compounded annual rise (CAGR) of 6.6%, the worldwide textile market area accelerated from $573.22 billion in 2022 to $610.91 billion by the end of 2023. The top 10 textile exporting nations in the year 2022 are:

1. China: $303 billion (32.2%)

China has usually been a giant within the worldwide textile export market and it also maintains its 1st position in 2022 with a total worth of textile exports of $303 billion. China has a highly specialized workforce and high-tech technology to produce excellent quality different types of textile products. China dominates the market sector by exporting a wide range of commercial products, including garments, textiles, and domestic textiles. China exports the most textiles to the USA worth $42.5 billion in 2022. 

2. Bangladesh: $57.7 billion (6.13%)

The second largest exporter of textiles in 2022 is Bangladesh, with $57.7 billion in textile exports. Bangladesh leads in exporting synthetic fiber, knitted clothing textiles, and artificial yarn to other countries. Bangladesh has been focusing on the manufacture of superior textile products. Its textiles are now popular all around the globe. Bangladesh exports the most textiles to the USA worth $10.2 billion in 2022. 

3. Vietnam: $48.8 billion (5.18%)

Vietnam is known for its bright and colorful textiles. Vietnam is a major producer and exporter of fine gauge cotton weaving, woven-size panel weaving, cotton spinning, and denim weaving. Vietnam became the third largest textile exporter in the world and produces many high-quality textile products. In 2022, the country’s exports are valued at $48.8 billion. Vietnam exports the most textiles to the USA worth $19.1 billion in 2022. 

4. India: $41.1 billion (4.36%)

India’s textile exports were valued at $41.1 billion in 2022. India Produces huge quantities of textiles, for example, silk, cotton, linen, leather, and others, which is a big advantage for them. These are widely accepted Indian textiles when it comes to exports. The country is expected to grow in its destiny because of its encouraging environment and trends in innovation. India exports the most textiles to the USA worth $10.7 billion in 2022. 

5. Germany: $40 billion (4.25%)

Germany's textile exports have mounted a sturdy international presence because of the country's popularity for excellent craftsmanship and innovation within the textile enterprise. With a focus on precision and hobby to detail, German textile exports remain admired internationally for their superior notable textiles and finished merchandise. Germany’s textile exports reached $40 billion in 2022. Germany exports the most textiles to Poland worth $4.64 billion in 2022. 

6. Italy: $36.71 billion (3.9%)

In 2022, the total value of Italy’s textile exports reached $36.71 billion. Italy emerged as a big player in the international textile market and together exports a broad variety of textiles including apparel, domestic textiles, and industrial textiles abroad. Italy exports the most textiles to France worth $4.14 billion in 2022. 

7. Turkey: $36.7 billion (3.89%)

Turkey exported $36.7 Billion worth of textiles in 2022. Turkey is known for its strong presence in the textile industry, where textile exports play an important role in the overall economy of the country. Turkish textile exports are characterized by quality, current seasonal patterns, and records that have taken deep roots in fashion, and internationally add value. Turkey exports the most textiles to Germany worth $4.78 billion in 2022. 

8. US: $29.8 billion (3.17%)

The USA has installed itself as an outstanding market inside the global textile enterprise with sturdy textile exports. The USA, regarded for its first-rate products and the way it pushes innovation, has blossomed in recent years, and in 2022 the country’s general textile exports reached $29.8 billion. The US exports the most textiles to Mexico worth $5.78 billion in 2022. 

9. Pakistan: $22.1 billion (2.35%)

Pakistan is the main exporter of industrial and non-knit textiles, marked by state-of-the-art and extraordinary generations. Pakistan’s textile exports were valued at $22.1 billion in 2022. The nation’s attention to getting to know and improving has helped it live ahead of its opposition in the international textile marketplace. Pakistan exports the most textiles to the USA worth $5.23 billion in 2022.

10. Spain: $20.3 billion (2.16%)

Spain has been aiming for elegance and is going to upward push in the standings. It is currently the world's 10th-biggest exporter of textiles and a pinnacle manufacturer and exporter of clothing, completing, spinning, and weaving. With a professional team of workers, Spain has an exquisite manufacturing capacity. In 2022, Spain’s textile exports were valued at $20.3 billion. Spain exports the most textiles to France worth $2.98 billion in 2022. 

Who are the top 10 textile exporting companies?

The top 10 textile exporting companies with their annual export revenue in 2022 include:

1. TJX Companies (USA): $48.55 billion
2. Toray Industries (Japan): $19.83 billion
3. V.F. Corporation (USA): $11.84 billion
4. Zalando SE (Germany): $11.20 billion
5. PVH Corporation (USA): $9.155 billion
6. Lululemon Athletica (Canada): $6.26 billion
7. Ralph Lauren Corporation (USA): $6.22 billion
8. Under Armor (USA): $5.80 billion
9. Prada (Italy): $4.4 billion
10. Shenzhou International Group Holdings (China): $3.30 billion

How to find potential textile suppliers and manufacturers at the best prices online?

There are several countries like Bangladesh, China, India, and many more which have affordable textile suppliers for your business needs. TradeImeX enables you to find textile suppliers from all over the world at the best prices online. Finding potential textile suppliers can be a frightening challenge, but with the assistance of TradeImeX, the manner becomes much more viable. At TradeImeX, You can leverage the platform's assets to connect with dependable and value-effective suppliers of textiles from around the world. So, if you are searching for textile providers, make certain to utilize the platform to streamline your seek and find the best partner for your textile enterprise. TradeImeX helps you find different suppliers of textiles from around the world 

Factors Driving the Textile Export Industry

The textile export industry performs a full-size function in the global financial system, contributing to activity creation, economic increase, and trade. Several key elements power the fulfillment of the textile export enterprise:

1. Quality of Textile Products

2. Cost-effectiveness

3. Innovation

4. Access to Global Markets

5. Sustainability and Ethical Practices

Conclusion

The top 10 textile-exporting countries, each showcasing unique strengths and making valuable contributions to the global textile industry. As the industry continues to adapt and grow, these global places are expected to remain key gamers and top textile exporter countries in the marketplace, riding innovation, creating jobs, and contributing to economic development. 

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