Textile Industry is growing and expanding day by day in the world because of modern high tech technology and cloth apparel demand in increase as especially in young generation. With the fast expansion of global textile industry , European countries (Germany, France, Italy and European region) as first rank in global textile exporter by countries and second one china. Chinese industry has advantages of low labor cost, high tech machinery, vast infra area, global as well domestic market, government import and export policy, human resources and global trading partner compared with India, Pakistan ,European countries and south Africa.
# Top 10 Textile Exporters (Textile Export business)
The globally garment cloth market is currently worth near about 3000 USD trillion like sector mens wear , Kids wear market , fashion and apparel industry , textile raw material and manmade fiber and yarn. After China and Germany, smaller countries such as Pakistan, Korea and Bangladesh have overtaken trading of apparel garment and textile product now days. Germany has 5th rank in German made textile machine Manufacturing, Exporting and trading and textile business in the world. South Asia is the biggest market for German textile machinery, cloth garment industry machine, spinning and ginning mill accessories exports. Textile is key segment in turkey and biggest contribution in country economy, GDP and export market as was a growth of 266 million USD.
Latest Textile market news and business information.