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Read article about The Asia Pacific region has historically been a cornerstone in shaping the global trade of textiles and apparel (T&A), serving as a primary sourcing destination worldwide . Following the abolition of the Agreement on Textiles and Clothing (ATC) on January 1, 2005, the global T&A trade experienced rapid expansion, accompanied by increased exports from the Asia Pacific region. Notably, the growth rates in the Asia Pacific region have outpaced global trends, boasting a compound annual growth rate (CAGR) of 4.5 per cent over the last two decades, compared to the world s more sluggish average growth rate of 3.52 per cent during the same period. and more articles about Textile industary at Fibre2Fashion

Republic ofSouth koreaHong kongSri lankaRepublic of koreaAsia pacificCountry level competitivenessHome textilesCompound annual growth rateRevealed comparative advantageBasket intensityComparative studyProduct groups acrossTrade intensity