Textile yarn: leading exporters worldwide 2022 | Statista (2024)

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Textile yarn: leading exporters worldwide 2022 | Statista? ›

In 2022, China exported approximately 16.3 billion U.S. dollars worth of textile yarn to the rest of the world. That same year, the United States was the fourth largest exporter of textile yarn, with exports valuing around 3.5 U.S. dollars.

In 2022, China was the top ranked global textile exporter with a value of approximately 148 billion U.S. dollars.

China is the largest wool-producing nation in the world.

In 2023, the wool market was valued at $10.37 billion and is expected to grow to $15.23 billion by 2030. In this article, we are going to learn about the Top 10 Largest Wool Producing Countries in the World.

China is literally at the top of the textile supply chain. It is the number one exporter of textiles in the world. A huge percentage of apparel and accessories are exported from China to numerous countries across the globe.

China remained the top merchandise exporter in 2022 but its share in world exports declined to 14% (from 15% in 2021).

Textiles, ranking as the world's seventh most traded product, have a total trade amount of approximately 882 billion US Dollars. Leading this industry is China, not only in exports but also in production and retail.

Vicuna wool is the finest and rarest natural fiber in the world. One strand of vicuna wool measures approximately 12 microns, which is 12 thousandths of a millimeter. That is about 7 microns finer than the best Cashmere.

Cotton is still the "king" of fibers because most of the world's apparel is made of cotton. It has fairly good strength, and it is considered to provide comfortable textile fabrics due to the fiber's good moisture absorption and wicking properties.

The British textile industry drove the Industrial Revolution, triggering advancements in technology, stimulating the coal and iron industries, boosting raw material imports, and improving transportation, which made Britain the global leader of industrialization, trade, and scientific innovation.

Who is the biggest player in the textile industry? ›

Market Share: China holds the top spot as the world's leading clothing manufacturer, accounting for over 50% of global textile and apparel exports. Longstanding Expertise: China has a long history in textile production, counting back thousands of years.

We now understand that the United States is the biggest textile importer globally.

The European Union was the leading importer of textiles worldwide, with textile imports valuing approximately 78 billion U.S. dollars in 2022. That year, the United States and Vietnam were the next two largest importers of textiles, with imports of 39 billion U.S. dollars and 19 billion U.S. dollars respectively.