Global Textile & Clothing Trade
Aravin Prince Periyasamy
According to WTO-data Asia has become the dominant exporter of
Textiles And Clothing. Within Asia it is China that has become the
Textile Machinery Shipments
The trade data in textiles and clothing are a reflection of the
enormous investments in new textile machinery in Asia in general
and in China in particular.
The textile machinery industry was hit hard by the Global Financial
and Economic Crisis in 2008 and 2009 but recovered well in 2010.
A look at ITMF‘s International Textile Machinery Shipment Statistics
shows the extent to which investments in new machines were
reduced during the crisis and how they picked up again afterwards.