Major Asian textile trends emerging countries
In the context of globalization and liberalization, all countries (regions) are actively developing competitive industries, while the Asian countries in the global textile trade will have a competitive advantage. Textile exports in 2005 2,030 million, of which Asian countries export 94.8 billion U.S. dollars, accounting for 46.7%; clothing exports 2,756 million U.S. dollars, Asian countries exported 1,315 million U.S. dollars, accounting for 47.7%. Asian textile and clothing exports have accounted for half of global textile goods markets, in particular the elimination of quotas, the Asian emerging countries, the textile industry developed rapidly.
Mainland China: 2007, export growth is expected to exceed 15%
2006 China's rapid development of China textile industry, including production, sales, exports, profits and other indicators are significant growth, improve the industrial structure, technological progress, significant amount of the overall textile exports of 1,471 million U.S. dollars, over the previous year growth of 25.1% over the same period, of which textile export 52.3 billion U.S. dollars, growing 18.8%; clothing export 94.8 billion U.S. dollars, growing 28.9%. Textile industry in 2007 will continue steady growth, GDP, business income, profits, export growth will exceed 15%.
India: the textile trade in 2010 is expected to reach 50 billion U.S. dollars
2006, the Indian textile and garment export value of 20 billion U.S. dollars, representing growth of 23.92 percent over the same period the previous year, is expected to reach 25 billion U.S. dollars in 2007. The abolition of the quota system, as sources of supply of raw materials and skilled workers, adequate, Indian textile industry has witnessed tremendous changes in technology will soon catch up with world standards, while the Indian government to actively promote the globalization of the textile industry, textile industry, the budget subsidy increase. India planning to set up 30 integrated textile parks scheme, 26 have already approved. Indian Finance Minister proposed textile park in 2007 investment budget by the year 2006 to 18.9 billion rupees to 4.25 billion rupees (about 96 million U.S. dollars). Government of India set the 2010 target is to share in India in the global textile trade from the current 4% to 8%, reaching 50 billion U.S. dollars.
Pakistan: Textile exports in 2013 is expected to amount to 22 billion -250 billion dollars
Long time, the Pakistan textile industry to take significant affirmative measures designed to improve the quality of textile products and expand exports. After the abolition of quotas, Pakistan textile industry developed rapidly. From January to August 2006, Pakistan textile exports more than 70 billion dollars, with a considerable amount of annual exports in 2005. By 2013, textile and clothing exports from the current 98.9 billion dollars in the 22.0 billion -250 billion. To achieve this goal, is to speed up infrastructure construction in Pakistan, while strengthening human resource reserves, and the other complementary measures, including the government maintain economic stability, set to promote exports and market diversification, export strategies, and incentives. It is understood that cost more than 60 billion rupees, will be completed in June 2007 in Karachi Textile City will help Pakistani textile integration of resources, reduce production costs and enhance its textiles in the international market competitiveness.
Thailand: the rapid development of textile industry
2005, the Thai textile export value 2.764 billion U.S. dollars, representing growth of 7.8% over the same period the previous year. By the baht appreciation of the U.S. domestic political instability, slow economic growth in the European region and other factors, in 2006, Thailand's textile exports fell 5.3%, 6.2% decline in clothing exports. However, the development of Thailand's textile industry still has great potential. On the one hand, the Thai government has taken a number of remedial measures, textile manufacturers also invested in improving product quality and increase production; other textile products in Thailand many manufacturers have moved their production base in Vietnam, Cambodia and other neighboring lower wages countries to reduce production costs, and Thailand with the United States is negotiating free trade agreements. Can be expected, as the domestic political and economic stability and development, and optimization of the external trade environment, Thailand's textile industry will be rapid development potential.
In addition, Indonesia, Vietnam, Malaysia and other countries in the textile industry has sustained and rapid development. With the post-quota era, the Asian textile industry will have a greater advantage and a much broader market.
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