Focus On Foreign Trade: EU'S Clothing Imports Rebounded In March

In March, EU imports of Chinese clothing rebounded, returning to the level of two years ago. Clothing imports from other countries are under pressure, and the second wave of epidemic in South Asia puts pressure on imports.

In March, the total volume of EU clothing imports increased by 11.9% year-on-year, 6% lower than that of the same period in 2019. In the same month, the import volume of clothing to China increased by 65% year-on-year, 10% higher than that of the same period in 2019, and increased by 13% in terms of amount.

In contrast, the volume and volume of EU clothing imports to other countries in March decreased by 9.6% and 10% respectively compared with the same period in 2019. In the first quarter, the EU's clothing imports to Bangladesh decreased by 9.6% year-on-year and 19% in Euro terms.

In the first quarter of this year, British clothing imports decreased significantly year-on-year. The second wave of South Asian epidemic led to a sharp decline in imports, but the proportion of China and Turkey in British clothing imports increased.

In the first quarter, British clothing imports decreased by 15.8% in terms of volume and 23.6% in US dollar terms. The import volume of Chinese clothing increased by 4.1% year-on-year, and the import volume decreased by 1.7%. The proportion of China's import of British clothing rose to 22% and the proportion of import rose to 21%.

In the first quarter, Bangladesh was still the largest source of British clothing imports, with an import proportion of 24.6%, and the import volume decreased by 24.1% in terms of quantity, indicating that the epidemic situation in South Asia has indeed brought about a negative impact. Over the same period, British clothing imports to India decreased by 18.3% year-on-year, Pakistan's clothing imports increased by 23%, and Turkey's clothing imports increased by 8.1%.