TOKYO, March 31 (Bernama-BUSINESS WIRE) — Textiles and clothing¹ are archetypal industries through which ASEAN member states achieve industrialization and integration into the global economy, according to Global Value Chains in ASEAN: Textiles and Clothing (https://www.asean.or.jp/en/centre-wide-info/gvc_database_paper14/) published by the ASEAN-Japan Centre.
It is essential to recognize the significant intra-industry variation in terms of technological attributes and factor intensity. For ASEAN, the most vibrant is clothing, which is often a major exporter, generating significant employment. Cambodia, Indonesia, Myanmar and Viet Nam are the world’s major exporters of clothing. Textiles, in contrast, play a less salient role in its overall export structure because of their technology and capital intensity.
