Recently, the World Trade Organization released the “2021 World Trade Statistical Review”. The report shows that due to the impact of the COVID-19 epidemic, world trade in goods and services decreased to US$22 trillion in 2020 from US$24 trillion in 2019, of which trade in goods and services were US$17 trillion and US$50,000 respectively. billion, both of which were US$1 trillion less than in 2019. The volume of trade in goods in 2020 decreased by 5.3% year-on-year. Due to my country’s timely implementation of comprehensive epidemic prevention and control measures and the rapid recovery of the supply chain, my country exported a total of US$2.323 billion in goods to the world in 2020 (excluding exports from Hong Kong, Macau, and Taiwan, the same below), accounting for 13% of global merchandise exports. , an increase of 1 percentage point compared with 2019.
Figure 1: World trade in goods and services
Unit: trillions of US dollars
Data source: WTO
In 2020, the trade volume of personal protective equipment including masks increased significantly by 47.3% year-on-year. According to data disclosed in the “2021 World Trade Statistical Review”, against the backdrop of surge in consumer demand for anti-epidemic materials, global textile and apparel exports in 2020 were US$802.4 billion, a slight increase of 0.5% year-on-year, of which textile exports were US$354.4 billion. It created a record high, with a year-on-year growth of 16%, exceeding the growth rate of all industrial products by 21.2 percentage points; the value of clothing exports was US$448 billion, a year-on-year decrease of 9.1%. In 2020, global textile and apparel imports amounted to US$832.7 billion, a year-on-year decrease of 4.5%. Among them, textile imports amounted to US$359 billion, also a record high, a year-on-year increase of 7.1%; clothing imports amounted to US$473.7 billion, a year-on-year decrease of 11.7%.
Figure 2: Growth rate of world exports of goods and major industrial products in 2020
Data Source: WTO
Note: Export data includes EU internal export data, excluding re-export export data from Hong Kong, China
my country’s textile industry relies on a complete industry in a relatively stable macro environment. System advantages take the lead in restoring supply. When epidemics broke out in other countries and regions, supply chain disruptions occurred from time to time. However, my country’s textile and apparel supply has always remained stable, and its export value has increased significantly in the global share, reflecting the stability and efficiency of my country’s textile and apparel supply chain. In 2020, my country exported US$296 billion in textiles and clothing, which was only slightly lower than the historical peak of US$298.3 billion in 2014. It accounted for 36.9% of global textile and clothing exports, ranking first in the world. The proportion increased by 3 percentage points from 2019 and was 2016. The highest proportion since the year. Among them, my country’s textile exports reached US$154 billion, reaching the largest export scale in history, a year-on-year increase of 28.8%, and its proportion in global textile exports increased to 43.5%. The market shares of other major textile exporting countries and regions have declined; my country’s clothing exports It was US$142 billion. Although it decreased by 6.3% year-on-year, the decrease in clothing exports from major clothing processing countries in South Asia was more obvious. Therefore, my country’s clothing exports accounted for 31.6% of the world’s total, an increase of 0.9 percentage points from 2019.
Figure 3: my country’s textile and apparel export value and global share
Data source: WTO
Judging from the top 10 textile and clothing import and export lists, the rankings of the top three countries and regions are relatively stable, while the rankings of the remaining countries and regions have been slightly adjusted. In terms of exports, affected by the epidemic in Southeast Asia and South Asia, textile and apparel output has declined, and the overall export share has decreased. Only Vietnam’s apparel export share increased by 0.1 percentage points. In terms of imports, due to the substantial increase in imports of anti-epidemic materials, the European Union, the United States, and Japan’s textile and clothing import shares have increased.
Southeast Asia
Vietnam’s epidemic prevention and control situation is relatively stable. Its textile and clothing export rankings have both risen one place, and it is the only country to enter the top 10 textile exports. Southeast Asian countries. In 2020, Vietnam exported US$39 billion in textiles and clothing, accounting for 4.9% of global textile and clothing exports, a slight decrease of 0.1 percentage points from 2019.
Malaysia has entered the top 10 clothing exports, ranking 7th. In 2020, it exported US$10 billion in clothing, accounting for 2.2% of global clothing exports, 1 percentage point lower than in 2019.
Indonesia’s clothing export ranking dropped one place to 10th. In 2020, apparel exports amounted to US$8 billion, accounting for 1.7% of global apparel exports, which is equivalent to 2019.
In 2019, Cambodia ranked 10th among the top 10 apparel exporters. In 2020, due to a decline in export volume, it did not enter the top 10.
South Asia
India’s textile export ranking remains unchanged, still ranking 3rd; apparel exports were surpassed by Turkey, and its ranking dropped 1 place to 3rd. 6 bits. In 2020, India exported US$28 billion in textiles and clothing, accounting for 3.5% of global textile and clothing exports, a decrease of 0.8 percentage points from 2019. Among them, the share of textile exports decreased by 1.4 percentage points, and the share of clothing exports decreased by 0.6 percentage points.
Bangladesh’s clothing exports were surpassed by Vietnam, and its ranking fell by one place to fourth. In 2020, Bangladesh exported US$28 billion in clothing, accounting for 6.3% of global clothing exports, a decrease of 0.4 percentage points from 2019.
The scale of Pakistan’s textile exports is equal to that of Taiwan, China, and its ranking rose one place to eighth. In 2020, Pakistan exported US$7 billion in textiles, accounting for 2% of global textile exports, a decrease of 0.5 percentage points from 2019.
East Asia (see above for China’s exports)
Japan has entered the top 10 textile exporters, ranking 10th; its textile import ranking has risen one place to At the 5th place, clothing imports maintained the 3rd place, and the overall import share increased slightly. In 2020, Japan exported US$6 billion in textiles, accounting for 1.6% of global textile exports, a decrease of 0.5 percentage points from 2019; Japan imported US$38 billion of textiles and clothing, accounting for 4.6% of global textile and clothing imports, an increase of 0.2 percentage points from 2019. .
South Korea’s textile exports were surpassed by Vietnam, and its ranking dropped one place to seventh place; it entered the top 10 textile imports, ranking ninth, and its clothing import ranking rose one place to sixth place. In 2020, South Korea exported US$8 billion in textiles, accounting for 2.2% of global textile exports, 0.8 percentage points lower than in 2019; South Korea imported US$16 billion in textiles and clothing, accounting for 1.9% of global textile and clothing imports, which is equivalent to 2019.
Other countries in Asia (by geographical location)
Turkey’s textile and clothing export rankings both increased by 1 place, ranking 4th and 5th respectively. Bit. In 2020, Turkey exported US$27 billion in textiles and clothing, accounting for 3.4% of global textile and clothing exports, a decrease of 0.1 percentage points from 2019. Among them, the share of textile exports decreased by 0.6 percentage points, and the share of clothing exports increased by 0.1 percentage points.
European Region
The EU maintains the second place in textile and clothing exports and the first place in imports. In 2020, the EU exported US$189 billion in textiles and clothing, accounting for 23.6% of the global textile and clothing exports, a decrease of 1.8 percentage points from 2019; the EU imported US$255 billion of textiles and clothing, accounting for 30.6% of the global textile and clothing imports, an increase of 2.2% from 2019. percentage points.
British clothing exports remain at 8th place; driven by anti-epidemic materials, textile imports surpassed Bangladesh, rising one place to 6th place; clothing imports remained at 4th place. In 2020, the UK exported US$8 billion in clothing, accounting for 1.9% of global clothing exports, an increase of 0.1 percentage points from 2019; the UK imported US$37 billion of textiles and clothing, accounting for 4.4% of global textile and clothing imports, an increase of 0.5 percentage points from 2019. .
Russia’s clothing import ranking dropped by 1 place to 10th. In 2020, Russia imported US$8 billion in clothing, accounting for 1.6% of global clothing imports, an increase of 0.1 percentage points from 2019.
North America
U.S. textile exports were surpassed by Turkey, and its ranking dropped by 1 place to 5th; both textile and clothing imports maintained the 2nd place , second only to the European Union. In 2020, the United States exported US$11 billion in textiles, accounting for 3.2% of global textile exports, a decrease of 1.2 percentage points from 2019; the US imported US$127 billion in textiles and clothing, accounting for 15.3% of global textile and clothing imports, an increase of 0.7 percentage points from 2019. .
Canada entered the top 10 textile importers, ranking 8th; its clothing import ranking rose one place to fifth. In 2020, Canada imported US$16 billion in textiles and clothing, accounting for 1.9% of global textiles and clothing imports, an increase of 0.1 percentage points from 2019.
In 2019, Mexico ranked 10th in textile imports. In 2020, it did not enter the top 10 textile importers.
Table 1: Top 10 textile exporting countries/regions in the world in 2020
Data source: WTO
Note: 1. World import and export data include EU internal import and export data, and Hong Kong re-export trade data does not calculate shares, the same below.
2. China’s import and export data does not include data from Hong Kong, Macau and Taiwan, the same below.
Table 2: Top 10 apparel exporting countries/regions in the world in 2020
Data source: WTO
Table 3: Top 10 textile importing countries/regions in the world in 2020
Data source: WTO
Table 4: World Clothing in 2020 Top 10 importing countries/regions
Data source: WTO</p
