5 Countries That Produce the Best Fabrics/Garments

Page 5 of 5

1. People’s Republic of China

Insider Monkey’s Score: 6

Garment Exports in 2021: $4.8 billion

The People’s Republic of China is a global economic powerhouse and the world’s largest economy. The Chinese industry has grown due to abundant labor and low costs, which enables it to compete with other countries. The quality of these products depends on the customer. For instance, some products sold by Chinese retailers themselves are often criticized for tearing up too soon, while others are made for global brands such as Nike. Apart from the sporting goods company, other well known brands such as American Eagle, Adidas, Abercombie & Fitch, Burberry, Dolce & Gabbana, FCUK, GAAP, Gucci, Guess, Old Navy, and Mulberry all source their products from the country. Therefore, China was the most common country in the sources we consulted for this list.

Disclosure: None. You can also take a peek at 13 Best Value Dividend Stocks to Buy and 25 Countries That Have the Most Debt Per Capita.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Follow Insider Monkey on Twitter

Page 5 of 5