On the world map of the textile industry, there are a number of countries famous as leading textile export centers. On this list, Vietnam is not only an important manufacturing location but also one of the world’s leading textile and garment exporting countries, with incredible growth in recent years
The leading countries in the textile industry
China
China is one of the largest countries and has the most developed textile industry in the world. With large production scale, low prices and a variety of products from clothes to mattresses and bed sheets, China dominates the global textile export market.
India
India is one of the world’s leading countries in fabric and garment production. With abundant labor resources and competitive prices, India produces and exports a wide range of textile products from natural fibers to synthetic fabrics and apparel.
Bangladesh
Bangladesh is one of the world’s leading exporters of textiles, especially in the garment sector. With low labor costs and abundant natural resources, Bangladesh has a strong and rapidly growing textile industry.
Vietnam
Vietnam has become one of the important textile and garment exporting countries in the world. With the development of textile and garment industrial parks, reasonable labor costs and increasingly improved product quality, Vietnam has attracted investment from many large textile and garment companies in the world.
Cambodia
Cambodia is also one of the emerging countries in the textile industry. With low labor costs and favorable policies for foreign investors, Cambodia has attracted many large textile factories from other countries, especially China.
Achievements of Vietnam’s textile and garment industry
Export growth
Vietnam’s textile and garment industry has achieved impressive growth in export turnover. In recent years, Vietnam has continuously been among the top textile and garment exporting countries in the world. Vietnamese textile and garment products are present in more than 180 countries and territories, of which the main markets are the US, EU, Japan and Korea.
Improve product quality
Vietnam’s textile and garment industry not only increases in quantity but also improves in quality. Vietnamese businesses have invested heavily in technology and improved production processes to meet international standards on quality, safety and environment.
Supply chain development
Vietnam has built a complete textile supply chain from raw material production, spinning, weaving to garments. This helps reduce production costs, increase competitiveness and the ability to quickly respond to market needs.
Attract foreign investment
Vietnam’s textile and garment industry has attracted many investment projects from multinational companies. This not only brings capital but also helps transfer technology and improve management skills.
Government support policy
The Vietnamese government has introduced many support policies for the textile and garment industry, such as tax reduction, land incentives and human resource training support. These policies have created favorable conditions for businesses to develop and expand their markets.
These achievements have helped Vietnam’s textile and garment industry not only affirm its position in the international market but also make an important contribution to the country’s economic development.
Vietnam, along with other countries such as China, Bangladesh, India and Cambodia, has contributed to the creation of a global textile industry of incredible scale and strength. The development of this industry not only brings economic benefits but also creates job opportunities and improves the lives of millions of people around the world.