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Trends in International Textile Trade in the Post-COVID Era

Author

Listed:
  • Yuri Anatolievich SAVINOV

    (Russian Foreign Trade Academy, Moscow, Russia)

  • Igor Borisovich DOLZHENKO

    (DELTA CONSULTING LLC, Moscow, Russia)

Abstract

The article deals with the changes in international trade in textiles in current conditions. The direction of changes in international trade in textiles is examined. It is revealed that the current stage of globalization and regionalization has a great impact on international trade in textiles. The factors influencing changes in international textile trade under transformation of the global production system and global value chains are studied. The growing importance of Asian countries, particularly China, India and Vietnam, is highlighted. Factors influencing the patterns and areas of foreign trade in textiles are studied.

Suggested Citation

  • Yuri Anatolievich SAVINOV & Igor Borisovich DOLZHENKO, 2023. "Trends in International Textile Trade in the Post-COVID Era," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 2, pages 102-112, February.
    • Handle: RePEc:alq:rufejo:rfej_2023_02_102-112
    DOI: 10.24412/2072-8042-2023-2-102-112
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    More about this item

    Keywords

    multinational corporations; MNCs; fashion industry; international trade; textiles; clothing; globalization; global value chains; outsourcing; global market;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F61 - International Economics - - Economic Impacts of Globalization - - - Microeconomic Impacts
    • L67 - Industrial Organization - - Industry Studies: Manufacturing - - - Other Consumer Nondurables: Clothing, Textiles, Shoes, and Leather Goods; Household Goods; Sports Equipment

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