Which Country Imports the Most Textiles and Made Up Articles in the World?

In 2016, approx. X tonnes of textiles and made up articles were imported worldwide; surging by X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2009, when import increased by X% y-o-y. Global textiles and made up articles import peaked in 2016, and are expected to retain its growth in the immediate term.

In value terms, textiles and made up articles imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, textiles and made up articles imports increased by +X% against its level of 2007. Over the period under review, global textiles and made up articles imports attained its maximum level in 2016, and are likely to see steady growth in the immediate term.

Top Textiles And Made Up Articles Importing Countries in the World

X. USA (X million USD)

X. Japan (X million USD)

X. Germany (X million USD)

X. France (X million USD)

X. United Kingdom (X million USD)

X. Mexico (X million USD)

X. Australia (X million USD)

X. China (X million USD)

X. India (X million USD)

X. Pakistan (X million USD)

Textiles And Made Up Articles Imports By Country

China (X tonnes), and the U.S. (X tonnes) represented roughly X% of total imports of textiles and made up articles in 2016. It was distantly followed by India (X tonnes), comprising X% share of total textiles and made up articles imports. Germany (X tonnes), Japan (X tonnes), Mexico (X tonnes), the UK (X tonnes), France (X tonnes), Australia (X tonnes), and Pakistan (X tonnes) held the mild share of total imports.

From 2007 to 2016, the most notable growth rate of textiles and made up articles imports, among the main importing countries, was attained by Australia (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported textiles and made up articles worldwide, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with the share of X% of global imports. It was followed by Germany, with the share of X%.

From 2007 to 2016, the average annual growth rate of value of textiles and made up articles imports in the U.S. expanded at +X%. The remaining importing countries recorded the following average annual rates: Japan (+X% per year) and Germany (+X% per year).

Textiles And Made Up Articles Import Prices By Country

In 2016, the average import price for textiles and made up articles amounted to $X per tonne, dropping by -X% against the previous year. Over the last nine years it increased at an average annual rate of +X most prominent rate of growth was recorded in 2008, when it surged by X% from the previous year level. Global textiles and made up articles import peaked of $X per tonne in 2014; however, from 2015 to 2016, it failed to regain its strength.

Import prices varied noticeably by country of destination. the country with the highest import prices was Japan ($X per tonne), while Pakistan ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of textiles and made up articles import prices was attained by Pakistan (+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 AI Platform