TRADE ON A GLOBAL SCALE.
In recent years, worldwide commerce in textiles and apparel has shown a constant increase. Since 2005, the global textile and clothing trade has increased at a CAGR of 4%, reaching $823 billion in 2018.
The largest traded category in the sector was apparel, which accounted for 57% of total textile and apparel commerce. Since 2005, exports in this category have grown at a 4% compound annual growth rate (CAGR).