Visual Analysis of the Global Cotton Textile Trade Pattern

Release time:

26 Dec,2023


Firstly, from the perspective of the global cotton textile trade pattern, although the United States cotton, which has been the main source of imported cotton since the beginning of trade frictions, has faced a series of uncertainties in the future due to factors such as increased tariffs, other major cotton exporting countries outside the United States have certain substitutability and production capacity; The second is that traditional clothing consumption powerhouses such as the United States and the European Union will continue to maintain their import share in the short to medium term, limited by the small size and limited growth rate of China's domestic clothing consumption market in the past. Therefore, the current situation where the "main focus" of the global clothing consumption market is concentrated in Europe and America is also difficult to change in the short term. Textile enterprises need to seek development in the historical trend of the global trade pattern, We should not continue to be overly immersed in the old-fashioned "denominator driven" thinking, but should seize the current changes, adjust our production and business strategies, and strive to embark on the path of high-quality brand development.

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