The European Union’s textile and clothing exports grew by seven per cent compared to last year. Employment in the EU’s textile and clothing industry registered a small dip compared to 2017 but remained essentially unchanged over the last five years – a remarkable achievement for a sector that keeps realizing labor efficiencies. Over the last ten years, turnover and value-added per employee have increased by over 30 per cent.

European high quality textiles and premium fashion products are in growing demand, both in high income countries such as the United States, Switzerland, Japan and Canada, and also emerging countries such as China and Hong Kong, Russia, Turkey and the Middle East.

Since 2015, export growth slightly outpaced import growth, which means the EU’s trade deficit stopped widening. Rather than an absolute import growth, recent years have brought important shifts in the main import countries. While China remains by far the number one import source, lower cost countries such as Bangladesh, Cambodia, Myanmar and Vietnam have gained in relative importance, especially for clothing.

For 2016, EU industry turnover of technical textiles was about 27 per cent of total textile industry turnover. Over the years this percentage has steadily grown and is expected to continue to do so in the future.