Why is the EU's €122 bn textile import bill twice its €61 bn exports? - Textile Fashion News Fibre2Fashion Sponsored Connect with Australian & New Zealand Buyers at Global Sourcing Expo Australia | Exhibit Today. Visit Interfilière Paris at
Why is the EU's €122 bn textile import bill twice its €61 bn exports? - Textile Fashion News Fibre2Fashion Sponsored Connect with Australian & New Zealand Buyers at Global Sourcing Expo Australia | Exhibit Today. Visit Interfilière Paris at WSN Paris. Save with Early Bird | Register Now Showcase your apparel brand at Europe's largest B2B clothing fair Expo Trends 2026 | Get Ticket Power your bio transition with sugarcane-based spandex from Hyosung | Learn More Intelligence TexPro F2F Prime News Trade Fairs & Events Marketplace Marketing Solutions Digital Advertisement Print Advertisement Webinar Marketing Media Booster Magazine Subscription Articles Advertise with Us Sign In All Categories Articles News Buyers Suppliers Trade Fairs Interview Market Intelligence F2F Prime For You Textiles Apparel Fashion Retail E-commerce Technology Sustainability Chemicals Technical Textiles News Flash India QCI-NSIC pact to boost MSME market access Europe's EU Ecolabel links textiles to circular economy US import cargo to hit July record ahead of tariffs US T&A imports drop to $39 bn in Jan-May; Vietnam retains top spot Europe, South Africa open clean trade investment talks Textiles | Why is the EU's €122 bn textile import bill twice its €61 bn exports? 10 Jul '264 min read Pic: Generated by ChatGPT Insights Europe's textile industry faces a structural trade imbalance, with apparel accounting for **** per cent of the wider deficit despite strength in fabrics. The EU's new €* parcel duty and tougher sustainability rules will test whether enforcement can match regulatory ambition. Without equal scrutiny of imports, Europe risks stronger regulation but a weaker manufacturing base. A € * * billion warning The European Apparel and Textile Organisation, EURATEX, estimates that the sector supports * . * million jobs across nearly * * * , * * * companies. Employment fell * . * per cent in * * * * , while exports declined * . * per cent. Around one-third of textile and clothing products sold in Europe are now manufactured in China. The weakness continued in early * * * * . Textile turnover fell * per cent year on year and clothing turnover dropped * . * per cent in the first quarter. Production declined * . * per cent in textiles and * . * per cent in clothing, while extra-EU exports contracted * . * per cent during the January-March * * * * period. Imports also fell, narrowing the deficit. But EURATEX attributed this largely to weaker demand and lower import prices. Europe bought less; it did not produce more. PRIME Unlimited Access to F2F Prime Content As a first-time user, you can access One Prime Content for FREE Register to unlock PRIME content Already a subscriber? Sign in to access PRIME Learn more about Prime Content Register to read this Prime news for FREE Select Country Afghanistan Albania Algeria Andorra Angola Argentina Armenia Aruba Australia Austria Azarbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bhutan Bolivia Bosnia&Herzegovi
