Apparel Online Bangladesh Magazine September Issue 2018 | Page 50

TRADE STATISTICS
EU clothing imports up; China surpasses Bangladesh in May
January to May 2018
European Union witnessed surge in the clothing demand during the first 5 months of 2018. As a result, imports have
gone up in the period, while with the help of low unit prices, the Union marked a significant drop in values. Particularly
in May, Bangladesh (€ 1.22 billion) was surpassed by China (€ 1.31 billion) in apparel exports to EU as the latter
successfully restricted itself from repeating April month’s performance where Bangladesh clocked € 1.44 billion while
China’s exports could just hit € 1.15 billion. Bangladesh noted over 15 per cent drop in May as compared to April this
year which