The line chart depicts the total exports of clothing good in four major exporter countries and unions-China, EU, Asia (whithout China) and the USA-over the period of 14 years, from 2000 to 2014.
Overall,there was a wide disparity between the figure for China and those of other countries, in terms of exporting clothings. While all three countries showed a considerable decline, China became the largest exporter of textile goods.The opposite trajectory was recorded in the total of exports in EU, continues decline, and shared similar figures with Asia. Additionally, the USA witnessed a moderate decrease, before sharing the least percentage of exports.
Looking first at the substantial differences, in 2000, China registered 10% of total exportets of clothing manufactured in China, whereas EU was at the top of the list, with recording approximately 33%.Although EU’s share declined slightly, it was not untill 2005, when China’s share overtook EU’s by just 1% and China appeared to be the largest exporter of textil goods.The dicrepancy became wider as year passed, unabling EU to recover; hovewer, the figur for EU started declining less slightly but more graudually.Eventually, China made the greatest percentage of exports, with record of 35% in 2014, as Europen Union’s figure ended up with sharing roughly 17%, at the same thime.
Asia(without China), on the other hand, started off at 20% and decreased moderately untill 2008, followed by a steady but slight rise from 15% to almost 17% in 2014.As for the USA , scenario was even worse, as the United States showed a constant and recognisable decrease, initiated at 13% and ended up with declining to 5% in 2014.