Top Export Markets for Home Textiles & Bedding
If you are a home textile or bedding manufacturer looking to expand internationally, identifying the right countries to target internationally can be difficult. This article analyzes import volumes for these products for different countries between 2012 and 2016. Based on this analysis we identify the fastest growing and largest export markets for these products to help you prioritize your international expansion strategies.
The data in this analysis is from the International Trade Centre (ITC). It is limited to the following product categories as categorized by the ITC:
Product Group 57 (Carpets and other textile floor coverings)
Product Group 5805 (Hand-woven tapestries such as gobelin, flanders, aubusson, beauvais and the like, and needle-worked tapestries)
Product Group 5811 (Quilted textile products)
Product Group 6301 (Blankets and travelling rugs of all types of textile materials)
Product Group 6302 (Bed-linen, table linen, toilet linen and kitchen linen of all types of textile materials)
Product Group 6303 (Curtains; curtain or bed valances of all types of textile materials)
Product Group 6304 (Articles for interior furnishing of all types of textile materials)
Product Group 6308 (Sets consisting of woven fabric and yarn for making up into rugs, tapestries, embroidered table cloths or serviettes)
Product Group 6309 (Worn clothing and clothing accessories, blankets and travelling rugs, household linen and articles for interior furnishing)
Product Group 6310 (Used or new rags, scrap twine, cordage, textile rope and cables)
Home Textiles & Bedding Imports Analysis by Region
We can see that the largest import market for these products is Europe & Central Asia (approximately US$ 19 billion in 2016). However average annual import growth between 2012 and 2016 was actually negative in this region. This means entering the market and gaining share would be quite difficult. However, North America showed strong growth during this time period with substantial import volume. Targeting this region could be easier.
Targeting countries in your own region of the world first is sometimes the easiest way to start growing intentionally. We now focus on each one of these regions individually to understand what countries might be your best targets for international expansion. High import volume and high year over year import growth are two metrics you want to continue focusing on when looking at countries within a specific region.
Home Textiles & Bedding Imports Analysis for East Asia & Pacific Countries
Within East Asia & Pacific, the countries with the highest volume of imports in 2016 are Japan, Australia, Malaysia, China, Vietnam and South Korea. Most of these countries have strong import growth with the exception of Japan and China. In addition, New Zealand, Thailand, Taiwan, Cambodia, Indonesia and the Philippines also have high growth in imports making them great targets for expansion.
Home Textiles & Bedding Imports Analysis for Europe & Central Asia Countries
Within Europe & East Asia, the countries with the highest volume of imports in 2016 are Germany, United Kingdom, France, Netherlands, Spain, Italy and Belgium. The United Kingodm, Netherlands, Spain and Italy also have strong year over year import growth. In addition, Poland, Czech Republic, Denmark, Romania and Hungary also have high growth in imports although limited volume.
Home Textiles & Bedding Imports Analysis for Latin America & Caribbean Countries
Within Latin America & Caribbean, the countries with the highest volume of imports in 2016 are Mexico, Chile, Brazil, Guatemala, Panama, Peru and Honduras. Import growth in Mexico, Guatemala, Peru and Honduras has also been strong. In addition, Dominican Republic, El Salvador, Jamaica and Cuba have all been posting high growth in imports as well.
Home Textiles & Bedding Imports Analysis for Middle East & North Africa Countries
Within the Middle East & North Africa, the countries with the highest volume of imports in 2016 are the United Arab Emirates, Saudi Arabia, Israel and Iran. All of these countries have strong growth in imports as well. In addition, Morocco, Tunisia, Algeria, Jordan, Lebanon and Yemen have had high growth in imports although limited volume.
Home Textiles & Bedding Imports Analysis for North America Countries
Within North America, the countries with the highest volume of imports in 2016 are the United States and Canada. The United States also has strong year over year import growth.
Home Textiles & Bedding Imports Analysis for South Asia Countries
Within South Asia, the countries with the highest volume of imports in 2016 are India and Pakistan. Both countries have had quite strong year over year growth in imports as well. In addition, Sri Lanka, Nepal and the Maldives have had high growth in imports although limited volume.
Home Textiles & Bedding Imports Analysis for Sub-Saharan Africa Countries
Within Sub-Saharan Africa, the countries with the highest volume of imports in 2016 are Kenya, South Africa, Uganda, Tanzania, Cameroon, Angola and Guinea. Import growth in most of these countries has been positive as well. In addition, Mozambique, Burqina Faso, Madagascar and Cote d'Ivoire have had high growth in imports although limited volume.
Getting Serious About Expanding Internationally?
Analyzing data is the first step to building a strategic plan for international expansion. Once you've identified your potential target countries for expansion, you can use our online platform to find local partners in those countries. Learn more about our platform here and then signup to add your products, set your partnership terms and review partnership offers you'll start receiving from local partners.