Apparel / Textiles & Accessories

According to import and export data, the import volume of EU clothing began to decline in November 2022, with a year-on-year decrease of 5.7% in that month. Import and export data shows that previously, the EU's clothing imports increased by 34% year-on-year in August, 20.2% in September, and 13.6% in October.

According to the import and export data, in euro terms, the import volume in November surged by 15.6% after a 36% jump the previous month. In dollar terms, clothing imports climbed 3.5% in November, down from 15.6% in October.

Import and export data shows that in November 2022, the EU's imports from China significantly decreased by 12.3%, while imports from other regions of the world decreased by 2.6%. Import and export data shows that imports from Bangladesh decreased by 7.4%.

Due to the decline of the euro in the first 12 months, the unit price in euros continued to rise sharply by 22.6%. In dollar terms, the unit price in December rose 9.7%, more significantly than in previous months.