The Competitive Analysis of China and India's Textile Industry
Author: Mar 01, 2012 13:17
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China’s textile exports reached 206.53 billion dollars in 2010, among which the exports of textile raw materials were 4.736 billion dollars, the textile fabrics were 72.3 billion dollars and the garments exports were 129.5 billion dollars. India was the second textile production and export nation, which was only next to China, the textile industry accounted for 14% of the total industrial output, the direct employment staff was 65.4 million and the indirect employment staff was about 100 million. In 2010, India’s total exports of textiles got 50 billion dollars, which accounted for 30% of the total exports. India’s textiles were exported more than 120 countries and regions, which it was quite competitive in the international market.
Since 2005, the global textile market came into “post -quota period”. As the second textile production country, India would become the big winner that it was only next to China. It was reported by WTO that China and India were the biggest beneficiaries for canceling the quota system, while the competition of textile industry also increased between two countries. Although India’s textile international market share was lower than China’s market share, the textile exports surged in recent years, and the growth was even faster than China in some areas. Therefore, how about the competitiveness of the textile industry between two countries?
Seen from the textile raw materials, the international market share was small between China and India. 2007~2008, India’s international market share was equal with China, and it indicated the export competitiveness of textile raw materials was quite in China and India. 2009~2010, India’s international market share also declined. However, in the aspects of textile fabrics, China’s international market share of fabrics was higher than India, which it showed China’s export competitiveness of textile fabrics was stronger than India. Moreover, China’s international market share of garments also was higher than India, which it stated China’s export competitiveness of garments was stronger than India.
As the leading textile production and export country, China’s international position was stable. Whether the textile raw material or fabrics and garments, China’s international market share was higher than India among 2006-2010. China’s export of textile raw materials had no advantages. China was a net importer of the textile raw materials, while India was the net exporter of the textile raw materials.
China’s international competitiveness of textile fabrics was higher than India. China and India were the net exporters of the textile fabrics. Both of them had strong competitiveness in the international market. However, India’s international market share was less than China, and China’s international competitiveness of textile fabrics was higher than India. India’s competitive advantage of textile exports was more obvious compared with other textile products.
The international competitiveness of China’s garments was stronger than India. China and India were the net exporter for garments, which they had strong competitiveness in the international market. Meanwhile, China’s international market share of garments was higher than India, and China’s garment competitiveness was stronger than India in the international market. China and India were the production and export nation for fabrics and garments, and they had obvious advantage in the garment industry, which mainly depended on labor factor. India was the net exporter of textile materials, which the international market share of garments was less than China, and it was argued that India’s textile industry focused on the raw material, while China tended to fabrics and garments.
The trade competition of textiles would more and more intense between China and India in the international market. Although India’s international competitiveness of fabrics and garments was less than China, it was obvious for India’s transformation achievements of industrial structure, and China’s and India’s product structural differences would be reduced. China’s textile industry would be faced with great challenges from India, and the competition of textiles would be more intense in the international market.
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Editor: sunny From: 168Tex.com
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