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European textile/apparel imports and exports stable in 2016
After increases by 6% in 2014 and 10% in 2015, EU apparel imports remained stable last year at a value of €80.8 billion, while textiles imports were worth €29 billion (+1%), following an 8% rise in 2015, according to the Institut Français de la Mode (IFM, the French Fashion Institute).
Apparel imports from Asia fell by 1%, down to €61.8 billion, chiefly due to an 8% shortfall in orders to China, which amounted to €14.8 billion. The decrease also affected Sri Lanka (-8%), while imports from Cambodia (+14%), Vietnam (+7%), Pakistan (+8%) and Burma (+61%) all grew. Imports from Mediterranean rim countries grew instead by 2%, notably thanks to a 9% rise in goods from Morocco.
Textile imports from Asia rose by 2%, reaching €18 billion, compared to the €6.1 billion worth of goods (+2%) coming from Mediterranean rim countries. For textiles, the most significant variations were attributable to the USA (-12%), Indonesia (-8%), Japan (+10%), Morocco (+14%), Australia (+22%) and South Africa (+25%).
On the export side, last year the EU shipped out apparel goods worth €22.9 billion (+1%). Exports to both Asia and the Mediterranean rim were equally stable, with the former valued at €6.1 billion (+2%) and the latter at €2.04 billion (+1%). Orders to the EU from Russia (-2%), Turkey (-5%), the UAEs (-9%) and Saudi Arabia (-6%) all fell, while instead they were markedly on the up from Canada (+10%), Australia (+10%), the Ukraine (+11%), Morocco (+17%) and Israel (+14%).
European textile exports were also stable, and were worth €21.7 billion. Orders bound for Asia actually grew by 3%, reaching €5.2 billion, while those to the Mediterranean rim were stable at €4.8 billion. The most significant shortfalls were in exports to the USA (-10%), Turkey (-5%), Hong Kong (-12%) and the UAEs (-9%), while demand increased from the Ukraine (+14%), Mexico (+8%) and Serbia (+13%).
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