Explore ideas, evidence and developments across the textile value chain.
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Insight6 Dec 2016EFI Reggiani is exhibiting advanced, environmentally friendly industrial digital inkjet textile technology at the International Textile Machinery Exhibition in Mumbai.
Intelligencefree6 Dec 2016Welcome to Textile Economics. A new Intelligence channel brought to you by World Textile Information Network.
In 2015, European Union clearly played a major role in the trade of textile manufactures. Out of $497.541 billion worth of textile manufactures traded in the globe, EU27 accounted for $132.754 billion, more than a quarter (26.7%) of global trade. European Union’s had even higher than China’s 25.7% share of global trade. Where the world had a trade surplus in textile manufactures, with 56.5% of its trade value in exports, the EU had a large deficit, with 12.8% of its trade value in exports
Intelligence6 Dec 2016The World had a trade value in Textile Fibers amounting to $65.407 billion and, of that amount, $14.111 billion (or 21.6% of world's trade value) belonged to the EU27 countries, 81.69% higher (10 points higher in terms of shares) than America's $7.767 billion (11.9% share of world's trade value). While the world had a trade surplus in Textile fibers in 2015, with 51.3% of its trade value in its exports, the EU had a deficit with 45.4% of its trade value in exports. The United States also had a trade surplus, with 80% of its trade value in Exports.
