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World Textile and Apparel Trade and Production Trends, Edition 1, 2008 - Product Image

World Textile and Apparel Trade and Production Trends, Edition 1, 2008

  • Published: June 2008
  • Region: Global
  • 80 Pages
  • Textiles Intelligence

World Textile and Apparel Trade and Production Trends US textile output fell for a tenth year in 2007, to its lowest level in over 35 years. Clothing output plunged by 40% in volume. Employment was also down—by 9.2% in textiles and 8.3% in clothing. But the average price of garments produced in the USA rose by 25% as output was geared increasingly to high-end niche markets. Import volume growth slowed as consumer spending on clothing and footwear rose by only 3.7% after rising by 4.5% in 2006 and 5.1% in 2005. Meanwhile, China increased its textile and clothing sales to the USA by 14.8% in volume and 19.4% in value, despite quota restrictions on a range of products. Vietnam stepped up its supplies to the USA by 31.2% in volume and 34.2% in value in 2007.

In Argentina the textile sector expanded its output by a moderate 5.5% while clothing rose by only 0.6%. But export growth was a buoyant 18.2% in textiles and 13.2% in clothing. Brazil’s exports rebounded after an unexpected setback in 2006. But the increase was due entirely to a rise in textiles, and to strong growth in sales to Indonesia, Pakistan, Mexico, Venezuela and South Korea. Sales to the USA and the EU, READ MORE >

World Textile and Apparel Trade and Production Trends

- Summary
- Textiles and Apparel in the USA
- Textiles and Apparel in Latin America
- Textiles and Apparel in the European Union
- Textiles and Apparel in East Asia

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