Trends in International Textile Trade in the Post-COVID Era

Yuri Anatolievich Savinov and Igor Borisovich Dolzhenko
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Yuri Anatolievich Savinov: Russian Foreign Trade Academy, Moscow, Russia
Igor Borisovich Dolzhenko: DELTA CONSULTING LLC, Moscow, Russia

Russian Foreign Economic Journal, 2023, issue 2, 102-112

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.

Keywords: multinational corporations; MNCs; fashion industry; international trade; textiles; clothing; globalization; global value chains; outsourcing; global market (search for similar items in EconPapers)
JEL-codes: F02 F23 F61 L67 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2023_02_102-112

DOI: 10.24412/2072-8042-2023-2-102-112

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