Which Country Exports the Most Articles of Apparel and Clothing Accessories in the World?

In 2016, approx. X tonnes of articles of apparel and clothing accessories were exported worldwide; remaining relatively unchanged against the previous year figure. Overall, articles of apparel and clothing accessories exports continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2010, an increase of X% against the previous year level. In that year, global articles of apparel and clothing accessories exports attained its maximum volume of X tonnes. From 2011 to 2016, growth of global articles of apparel and clothing accessories exports stood at a somewhat lower level.

In value terms, articles of apparel and clothing accessories exports totaled $X in 2016. Overall, articles of apparel and clothing accessories exports continue to indicate a prominent growth. Global articles of apparel and clothing accessories export peaked of $X in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

Top Articles of Apparel and Clothing Accessories Exporting Countries in the World

X. China (X million USD)

X. Italy (X million USD)

X. France (X million USD)

X. Turkey (X million USD)

X. Germany (X million USD)

X. Malaysia (X million USD)

Articles of Apparel and Clothing Accessories Exports By Country

China (X tonnes) dominates in articles of apparel and clothing accessories exports structure, recording X tonnes, which was near X% of total exports in 2016. It was distantly followed by Malaysia (X tonnes), generating X% share of total articles of apparel and clothing accessories exports. Italy (X tonnes), Turkey (X tonnes), Germany (X tonnes), and France (X tonnes) occupied the minor share of total exports.

From 2007 to 2016, average annual rates of growth with regard to articles of apparel and clothing accessories exports from China stood at -X%. At the same time, Malaysia (+X%), France (+X%), and Italy (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. By contrast, Germany (-X%), and Turkey (-X%) illustrated a downward trend over the same period. China (X%) significantly strengthened its position in terms of the global exports, while Malaysia saw its share reduced by -X% from 2007 to 2016, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest articles of apparel and clothing accessories supplier in the world, making up X% of global exports. The second position in the ranking was occupied by Italy ($X), with the share of X% of global exports. It was followed by France, with the share of X%.

From 2007 to 2016, the average annual rate of growth in terms of value of articles of apparel and clothing accessories exports in China expanded at +X%. The remaining exporting countries recorded the following average annual rates: Italy (+X% per year) and France (+X% per year).

Articles of Apparel and Clothing Accessories Export Prices By Country

In 2016, the average export price for articles of apparel and clothing accessories amounted to $X per kg, ascending by X% against the previous year. Overall, articles of apparel and clothing accessories export price continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2012, when export increased by X% from the previous year level. Over the period under review, average articles of apparel and clothing accessories export price reached its maximum level of $X per kg in 2014; however, from 2015 to 2016, it failed to regain its strength.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Italy ($X per kg), while Malaysia ($X per kg) was among the lowest.

From 2007 to 2016, the most notable growth rate of articles of apparel and clothing accessories export prices was attained by China (+X% per year), while the other global leaders experienced more modest paces of growth.

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This article was written on the product's HS-code: X.

Source: IndexBox Platform