Major Exporters of Textile & Apparel Globally
China has maintained the top position of T&A exporter to the world. Its T&A exports have increased at a CAGR of 0.99% during 2015 – 2024. During 2024, India was the 6th largest T&A exporter to world. During the 2015-2024 period, exports from Bangladesh and Vietnam have increased at a significant CAGR of 7.22% and 7.01% respectively.
Table 1: Largest Exporters of Textile & Apparel (in US$ Bn.)
| S No | Country | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
| 1 | China | 273.57 | 255.07 | 257.82 | 266.42 | 260.24 | 280.52 | 304.75 | 319.70 | 292.63 | 299.02 | 0.99% |
| 2 | Bangladesh | 28.33 | 34.99 | 37.04 | 41.34 | 43.07 | 38.68 | 48.80 | 61.55 | 52.10 | 53.06 | 7.22% |
| 3 | Viet Nam | 27.27 | 28.70 | 31.81 | 36.66 | 39.42 | 37.10 | 41.29 | 45.42 | 40.32 | 50.17 | 7.01% |
| 4 | Germany | 30.22 | 30.71 | 35.08 | 38.89 | 38.18 | 36.99 | 41.26 | 41.53 | 42.34 | 42.54 | 3.87% |
| 5 | Italy | 31.66 | 32.23 | 34.03 | 36.72 | 36.39 | 30.93 | 37.67 | 39.91 | 40.74 | 40.01 | 2.63% |
| 6 | India | 37.15 | 35.42 | 37.23 | 37.11 | 35.49 | 29.61 | 41.47 | 38.31 | 34.23 | 36.71 | -0.13% |
| 7 | Türkiye | 26.34 | 26.22 | 26.81 | 27.88 | 28.59 | 27.33 | 34.46 | 35.28 | 32.87 | 32.06 | 2.21% |
| 8 | USA | 24.95 | 23.61 | 25.88 | 27.17 | 26.12 | 22.77 | 25.56 | 30.81 | 26.50 | 24.67 | -0.13% |
| 9 | France | 14.84 | 15.05 | 15.78 | 17.51 | 17.35 | 15.12 | 18.12 | 19.56 | 21.52 | 21.23 | 4.06% |
| 10 | Netherlands | 12.43 | 13.12 | 14.51 | 16.59 | 17.20 | 17.23 | 21.07 | 20.45 | 19.02 | 20.00 | 5.42% |
| Others | 260.80 | 255.89 | 270.12 | 286.83 | 279.47 | 247.71 | 293.14 | 302.09 | 279.74 | 284.04 | 0.95% | |
| World | 767.58 | 751.03 | 786.11 | 833.12 | 821.53 | 783.98 | 907.59 | 954.61 | 882.02 | 903.51 | 1.83% |
Source: ITC Trade Map & CITI Analysis
The top 10 exporting countries enjoy a share of about 68.5% in the global T&A exports as shown in figure 3:
Figure 2: Share of Exporters in Global Export of T&A Products in 2024
Source: ITC Trade Map & CITI Analysis
Till now, China has capitalized on its low-cost manufacturing and large-scale infrastructure to remain the world’s largest exporter of textiles and apparel (T&A). However, its share in global T&A exports has declined from 35.6% in 2015 to 33.1% in 2024. This lost share has largely been captured by Bangladesh and Vietnam, whose exports have grown significantly in recent years.
Recently, the United States—the second-largest T&A market after the EU-27—has introduced notable changes in import duty rates. As of 5th September, an additional duty of 50% has been imposed on Indian exports to the U.S., whereas Bangladesh and Vietnam face an additional tariff of only 20%, giving them a clear competitive edge over India. These tariff changes are expected to significantly impact India’s export competitiveness in the U.S. market and may alter the positioning of leading T&A suppliers to the U.S. going forward.