The Asian Textile Industry Has Greater Advantages And Broader Market.

Under the circumstances of economic globalization and trade liberalization, all countries and regions are actively developing the dominant industries in their respective countries and regions, and Asian countries will occupy a huge competitive advantage in the global textile trade.

In 2005, world textile exports amounted to US $203 billion, Asia exported US $94 billion 800 million, accounting for 46.7% of the world's total exports, clothing exports totaled US $275 billion 640 million, Asian exports amounted to US $131 billion 460 million, accounting for 47.69% of world exports.

Exports of textiles and clothing in Asia have occupied half of the world's textile market.

After the abolition of quotas, the textile industry of Asian countries has also developed rapidly.

India exported 20 billion US dollars of textile and clothing in 2006, an increase of 23.92% over 2005, and it is expected to reach US $25 billion in 2007.

After the abolition of textile and clothing quotas, the domestic textile industry in India is undergoing tremendous changes due to the supply of raw materials and the resources of skilled workers. The level of technology will soon catch up with the world level. India textile and garment exports will have a new trend.

At the same time, the government will actively promote the globalization of the textile industry and increase the budget for supporting the textile industry.

According to the integrated textile park plan, 26 of the 30 textile parks have been approved.

The finance minister of India also proposed to increase the investment budget of textile parks in 2007 from 2006 rupees in 2006 to 4 billion 250 million rupees (about 96 million dollars).

The 2010 vision of the India government is to make India world.

For a long time, Pakistan has taken a number of major support measures to the textile industry in order to enhance the quality of its textile products and expand exports.

Since the abolition of textile and clothing quotas, Pakistan's textile industry has developed rapidly.

In 2006, Pakistan's textile exports amounted to US $about 7000000000 in 1-8 months, and it was unchanged from the 2005 annual export volume.

Pakistan Planning Commission Xi - Global Brand Network - look forward to the next six years, textile and apparel will continue to maintain a larger share.

It is estimated that the export of textile and clothing will increase from 9 billion 890 million US dollars to 220-250 billion US dollars in 2013.

To achieve the above objectives, Pakistan is accelerating investment in capital construction while strengthening human resources reserves. The government has also actively provided relevant guidance and facilities, including maintaining macroeconomic stability, developing export strategies to promote diversification of export products and markets, and encouraging measures in various industries.

It is reported that the Karachi Textile City, which will cost about 6000000000 rupees, will be completed in June this year, will help Pakistan integrate textile resources, reduce production costs and improve the competitiveness of its textile products in the international market.

In 2005, Thailand's textile exports amounted to 2 billion 764 million US dollars, an increase of 7.8% over 2004.

Influenced by factors such as the appreciation of the Thai baht, unstable domestic politics and slow economic growth in the United States and the European Union, Thailand's textile exports fell by 5.3% in 2006.

In addition, the textile industry in Indonesia, Vietnam, Malaysia and other countries has also maintained rapid development.

With the advent of the post quota era, the Asian textile industry will have greater advantages and broader market.