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The following is a list of countries by textile exports. Data is for 2022, in billions of United States dollars, as reported by The Observatory of Economic Complexity. [1] Currently thirty countries, as of 2022, are listed.
India is the world's second largest exporter of textiles and clothing, and in the fiscal year 2022, the exports stood at US$44.4 billion. [2] According to the Ministry of Textiles, the share of textiles in total exports during April–July 2010 was 11.04%.
According to the Ministry of Textiles, the share of textiles in total exports during April–July 2010 was 11.04%. During 2009–2010, the Indian textile industry was pegged at US$ 55 billion, 64% of which services domestic demand. [25] In 2010, there were 2,500 textile weaving factories and 4,135 textile finishing factories in all of India. [26]
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The Multi Fibre Arrangement (MFA) governed the world trade in textiles and garments from 1974 through 1994, imposing quotas on the amount developing countries could export to developed countries. Its successor, the Agreement on Textiles and Clothing (ATC), expired on 1 January 2005.
Textile division of the company has a distribution network of more than 4,000 multi-brand outlets and over 637 exclusive retail shops [5] in the domestic market itself. [6] Suitings are available in India in over 400 towns through 30,000 retailers and an exclusive chain is present in over 150 cities across India.
For information on exports, see Export. For Harmonized Codes, see Harmonized System. The following is a list of export product categories that were exported the most and fetched foreign currency for India. The list includes the HS Codes and the value of the product exported. The data referenced in the system do not have any legal sanctity and ...
The Agreement on Textiles and Clothing (ATC) succeeded the Multi Fibre Arrangement (MFA), and facilitated the gradual dismantling of quotas for world textile trade that the MFA had put into place. Thus, the Agreement on Textiles and Clothing (ATC) stipulated a systematic and progressive elimination of the Multi Fiber Arrangement (MFA) over a ...