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
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 […]
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 […]
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, […]
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 […]
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 […]