Germany is the leading destination market for greenfield textiles FDI, while the US is the top source market. GlobalData’s textiles foreign direct investment (FDI) report highlights the current trends in textiles foreign investments. Buy the report here.
Between 2019 and 2023, the textiles sector was the nineteenth largest FDI sector in terms of the number of greenfield investments. The textiles sector accounts for 1% of global greenfield FDI projects.
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Greenfield foreign direct investment is when a company invests abroad to establish a new physical presence or expand an existing operation. Greenfield investments create jobs and/or involve a capital investment into the foreign location. Other forms of FDI, such as mergers and acquisitions, are not included as part of this definition.
Combined, the top ten destination countries account for 56.3% of total textiles FDI projects.
The leading destination country for textiles FDI is Germany. The US, UK and France are also popular textiles investment hubs.
According to GlobalData’s FDI Projects database, Turkey-based companies were the leading source of greenfield textiles investments into Germany.
With respect to outbound FDI, the US was the leading textiles source market. US-based companies held a 14.8% share of total outbound textiles FDI projects. Germany, UK, China and France are also top source markets for textiles FDI.
To further understand global textiles foreign direct investment trends, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s FDI Projects Database records greenfield FDI throughout the world in real-time. The data can be used to analyse company cross-border expansion activities as well as identify industry, thematic and geographic trends.
