Data released by the Apparel Export Promotion Council, the industry body for garment exporters, show that India is the number two textile exporter in the world, with estimated exports of $40 billion in 2013. China still leads the pack, with an estimated $274 billion in exports in 2013. Textiles are defined as fiber, yarn, fabric, made-ups and ready-made garments of cotton, silk, wool and synthetic yarns. More than 55 percent of global trade is in ready-made garments, where India ranked sixth in 2013, with exports of $16 billion.