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my country’s textile and apparel market share in major economies declines



my country’s textile and clothing market share in major economies has declined WTA data shows that from January to February 2012, the EU imported US$21.42 billion in textiles…

my country’s textile and clothing market share in major economies has declined

WTA data shows that from January to February 2012, the EU imported US$21.42 billion in textiles and clothing from outside the EU, a year-on-year decrease of 3.9%. Among them, imports from China were US$9.1 billion, down 4.2%, accounting for 42.5% of the import market. Among the top ten import source countries, imports from Bangladesh grew the fastest, with an increase of 14%, while imports from Turkey, India and Morocco all fell by more than 10%.

China’s share of the Japanese market fell by 2.3 percentage points. From January to March 2012, Japan imported US$10.13 billion in textiles and clothing from around the world, a year-on-year increase of 8.3%. Among them, imports from China were US$7.29 billion, an increase of 4.9%, accounting for 71.9% of the import market, a year-on-year decrease of 2.3 percentage points. Among the top ten import source countries, imports from Bangladesh grew rapidly, with an increase of 92.7%, while imports from Vietnam, Indonesia and Malaysia grew rapidly, with increases of 30%, 30.7% and 28.1% respectively.


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