Global Textile and Apparel Trade Patterns (2002 vs 2012)

Based on our lectures, can you explain the pattern of global textile and trade as shown below? Please feel free to respond to any questions and share with your thoughts.

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Author: Sheng Lu

Professor @ University of Delaware

1 thought on “Global Textile and Apparel Trade Patterns (2002 vs 2012)”

  1. Developing countries are still the world’s leading textile exporters because the majority of the manufacturing process is being completed in countries that can’t necessarily afford said textiles. Also, developing countries require cheaper labor, which makes the cost of production for companies less expensive. So, companies send their manufacturing overseas to places that have more hands and fewer costs to create their products quickly and at a lower cost. China, for example, is a country that has been manufacturing textiles for years and that industry is only continuing to grow. This is because more companies are sending their production there instead of manufacturing products domestically. The same goes for India, as seen in the chart provided. The pattern of global textiles and trade is a very diversified industry. By spreading production of textiles throughout the world, not only are individual companies producing goods at a lower cost for themselves, but they are also creating jobs in developing countries and boosting their economies.

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