Export

EU Market To Prohibit Import Or Sale Of Forced Labour Goods

Textile Insights May 27, 2024

The European Parliament has given its final approval to a new regulation enabling the EU to prohibit the sale, import, and export of goods made using forced labour. Member state authorities and the European Commission will be able to investigate suspicious goods, supply chains, and

Policies

European Parliament Approves Ban On Forced Labour Products

Textile Insights April 25, 2024

The European Parliament has given its approval to a new regulation enabling the EU to prohibit the sale, import, and export of goods made using forced labour. “Member state authorities and the European Commission will be able to investigate suspicious goods, supply chains, and manufacturers,” a press release informed. If a product is deemed to […]

Export

European Union Global Garment Imports Slip 16.22% In 2022

Textile Insights February 20, 2024

Global imports of clothing by the countries of the European Union dropped 16.22 percent to €83.19 billion in 2023, compared to €99.29 billion in 2022. All major apparel exporting countries to the EU faced negative growth, due to the slowdown in consumer demand, mainly due to high inflation as a consequence of the ongoing Ukraine-Russia […]

Export

Bangladesh Topples China From Top Spot In EU Knitwear Imports

Textile Insights December 20, 2023

For the first time in knitwear clothing imports, EU’s import from Bangladesh has exceeded the share of any other country during the first nine months of 2023, both in value and volume. Between January and September, EU’s knitwear import from Bangladesh amounted to US $9 billion as against $8.96 billion from China in value. While, […]

Export

EU Clothing Imports Fall 9.6% In First Eight Months Of 2023

Textile Insights October 27, 2023

In the January to August 2023 period, European Union apparel imports dropped 9.6 percent to US $61.15 billion as compared to $67.66 billion in the first eight months of previous year. EU’s clothing imports also fell to 2.56 billion kgs in the period under review, down 14.64 percent from 3 billion kgs in the months […]

Export

European Union Garment Imports Climb 20.97% in 2022

Textile Insights August 7, 2023

In 2022, the European Union’s garment imports from the world climbed 20.97 percent to reach US $103.09 billion as against $85.23 billion in 2021 and which stood at $90.53 billion in 2018. Quoting EUROSTAT statistics, the Bangladesh Garment Manufacturers & Exporters Association (BGMEA) said while, EU’s apparel imports from Bangladesh has grown at a CAGR […]