Textile Cotton Fabric Exporter

26 November 2008 - EU's clothing imports started seriously falling in euro terms in August, according to latest official data. Imports from China continued however rising, thanks to a surge in shipments of knit clothing after quotas were removed at European borders. Other Asian origins heavily suffered from China's competitiveness, except Vietnam which enjoyed a solid rise in shipments in euro terms, as reflected by our statistical tables.

26 November 2008 - EU's imports of men's and boys' cotton denim trousers remained very strong over the first half of the year, thanks to the high level in the euro and surging demand from Germany. China took advantage of the removal in EU's quotas while Turkey partly resisted after a new shift to higher-priced products. Shipments from South Asia less significantly increased. Italian, French and UK's markets were already slowing down, as a clear sign of difficulties to come