ASEAN became one of the fastest growing regions in China for textile and garment exports

August 24, 2021

Lead: From China - ASEAN Free Trade Area established. ASEAN has become one of the largest exporters of Chinese textile and clothing in the world. Under the preferential policies of the Chinese government and investment by ASEAN countries, ASEAN has promoted trade interaction and formed a win-win situation. As a labor-intensive textile industry, cheap labor costs have made "Made in China" quite competitive. China has quickly become the world's most producer of textiles and apparel. In the meantime, it has also become the largest exporter with the world's most complete supply chain and supporting processing measures. Many domestic enterprises have taken this opportunity to overseas layout. In 2013, ASEAN surpassed Japan for the first time to become China's third largest export market for textiles and garments. In 2014, China exported 36.1 billion U.S. dollars of textile and apparel to ASEAN, an increase of 5.5%. China imported 3.9 billion U.S. dollars of textiles and clothing from ASEAN, an increase of 20%. From these data, ASEAN will undoubtedly become one of the fastest growing textile and apparel markets in the Asian markets of China.

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