EU APPAREL IMPORT TRADE DATA January to December 2017
2017: Amidst challenges, EU to strengthen its apparel imports J a n u a r y t o D e c e m b e r 2 0 1 7 *
Introduction The year 2017 was no one than a shaky one for the European Union. All through the year, the clothing sector of the Union trembled badly because of the impact of global economic challenges, BREXIT (which will take place on 29th March 2019), unstable currency and closure of clothing retail stores. However, despite these challenges, apparel imports by the European Union are likely to remain in positive territory by the end of 2017 with a very marginal change in the UVR on year-on-year basis. The volume of apparel will be upped by 0.70% in January to December period as compared to the same period in 2016. China and India will lose the share in apparel exports to EU, whereas Bangladesh will be the gainer in both volume and value as per the projection of our data analysis team.
Analysis • Import by EU – The cumulative apparel import data of the EU will rise until the end of 2017 as per the projection. The country might note a 0.69% rise in volume terms during the January to December 2017. The second largest apparel importer in the world is likely to import 4704.78 million kg of apparels during the review period as against 4672.33 million kg in the prior-year period. Further, the Union will also surge by 0.79% in value terms on the Y-o-Y basis. The UVR for the said period is predicted to be Euro 17.34 as against Euro 17.33 in the same period last year. • Export from China – China will continue to be the top apparel exporter to the EU during 2017. However, as per the available data from January to September period, China noted a drop in volume of exports by 0.14%. On the other hand, the country dropped the unit prices of apparel to stay competitive in the global market. China will keep declining in volume-wise apparel exports to the EU for remaining three months of the year too. Our prediction indicates, by December 2017, China will export apparels to the EU worth Euro 27.44 billion with a drop of 0.95% on Y-o-Y basis. • Export from Bangladesh – All through 2017 Bangladesh’ apparel exporters faced the challenges such as the fluctuation in the currency value (appreciation of Taka against US dollar), longer shipping time, rise in production cost and safety issues which pushed the country towards the declining trend in its strongest market: USA. However, in EU, the country is all set to export apparels worth Euro 15.23 billion with a hike of 2.49% on Y-o-Y basis in the review period. • Export from India – Lack of any FTA with EU is hurting India’s apparel exports to the region. Even in 2017, India is projected to note a decline in value by 1.53% with export value of Euro 5.05 billion as against Euro 5.13 billion in 2016. The volume from India will also see declining trend by the end of 2017. • Export from Vietnam – Vietnam is touching new heights in its apparel exports to the EU as the country is set to clock Euro 3.10 billion (up 3.53%) from its apparel exports in the year 2017 ending 31st December.
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Global Apparel Imports by the EU: Jan.-Dec. 2017* Change in Quantity
Change in Value
0.69%
0.79%
0.06%
Change in Knitted Segment Quantity
Value
0.85%
0.90%
Change in Woven Segment Quantity
Value
0.49%
0.68%
[The information has been extracted from EU custom site and further analyzed.] * Data from Jan.-Sep. ’17 is officially available, whereas data for Oct.-Dec. ’17 is tentative
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Change in UVR
Infographics (EU) Top 3 product categories imported by EU
Knitted apparel import by EU
0.90%
T-SHIRTS
SWEATERS
TROUSERS
Volume (-0.67%)
Volume (1.42%)
Volume (0.44%)
Value (0.41%)
Value (0.61%)
Value (0.83%)
Value rises
0.85%
Volume rises
Woven apparel import by EU
UVR change in apparel imported by EU (three-years comparison)
0.79%
Jan.-Dec.'17 € 17.34
Value rises
Jan.-Dec.'16 € 17.33
0.49%
Volume rises
Value-wise share to EU by top exporters (Jan.-Dec. ’17)*
Jan.-Dec.'15 € 18.24
Month-wise EU apparel import trend Jan-17
33.64%
7.51
Feb-17
6.34
Mar-17
7.21
Apr-17
5.3
May-17
6.1
Jun-17
6.3
18.68%
Jul-17
7.51
Aug-17
8.64
Sep-17
7.68
Oct-17*
6.8
Nov-17*
6.20%
6.2
Dec-17*
3.80%
3.23%
5.36 0
1
2
3
4
5
6
7
8
9
10 China
(Value in € billion)
* Data from Jan.-Sep. ’17 is officially available, whereas data for Oct.-Dec. ’17 is tentative
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Vietnam
Bangladesh
Pakistan
India
Infographics
(China, Bangladesh and India) Comparison b/w India and Bangladesh (T-shirt exports to EU)
Comparison b/w Bangladesh and China (Trouser exports to EU)
India Volume 1.48%
Bangladesh Volume 0.86%
Value 1.02%
Bangladesh
China
Volume -0.02%
Volume -3.05%
Value 3.26%
Comparison b/w India and Bangladesh (Undergarment exports to EU)
Value
-2.82%
Comparison b/w Bangladesh and China (Men’s Shirt exports to EU)
India Volume 3.23%
Value 0.75%
Bangladesh Volume 0.51%
Value
-2.31%
Bangladesh
China
Volume -2.05%
Volume -0.34%
Value 2.44%
(For detail information on product-wise import export, refer to the tables on Page no. 7) * Data from Jan.-Sep. ’17 is officially available, whereas data for Oct.-Dec. ’17 is tentative
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Value 0.56%
Value
-4.16%
* Data from Jan.-Sep. ’17 is officially available, whereas data for Oct.-Dec. ’17 is tentative
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Apparel imports of the EU: Selected Countries (Qty in mn Kg & Value in mn Euro) Country/ Category
Jan.-Dec. 2016 Qty
Jan.-Dec. 2017 (*)
Value
Qty
Value
% Change (*) Qty
Value
Woven Total
912.78 860.59 1773.37
12861.64
925.04
14847.57 27709.21
12833.62
846.46
14613.59
1771.50
27447.21
1.34
-0.22
-1.64
-1.58
-0.11
-0.95
% Change (*)
Qty
Value
Qty
Value
Qty
Value
Knitted
54.35
881.08
43.82
897.84
-19.38
1.90
Woven
24.55
576.75
24.74
597.97
0.77
3.68
Total
78.90
1457.84
68.56
1495.81
-13.11
2.60
Knitted
99.76
1078.87
106.97
1171.74
7.23
8.61
Woven
99.26
1378.43
104.72
1465.99
5.50
6.35
199.02
2457.30
211.69
2637.74
6.36
7.34
PAKISTAN
INDIA Knitted
Jan.-Dec. 2017 (*)
SRI LANKA
CHINA Knitted
Jan.-Dec. 2016
Country/ Category
161.27
2598.63
164.84
2633.66
2.21
1.35
Woven
100.06
2529.08
95.53
2415.40
-4.53
-4.50
Total
261.33
5127.71
260.37
5049.06
-0.37
-1.53
Knitted
695.82
8612.19
703.72
8866.75
1.13
2.96
Knitted
42.59
915.42
46.45
973.22
9.08
6.31
Woven
395.99
6256.93
404.68
6372.12
2.19
1.84
Woven
88.79
2079.92
88.46
2127.87
-0.38
2.31
1091.81
14869.12
1108.39
15238.88
1.52
2.49
Total
131.38
2995.35
134.91
3101.09
2.69
3.53
Total VIETNAM
BANGLADESH
Total
Item-wise quantity increase/decrease in apparel imports by EU: Jan.-Dec. ’17* (Qty in mn kg) Exports to EU
Total Imports by EU
China
APPAREL TYPE
Babieswear Foundation Garments
India
Bangladesh
Vietnam
2016
2017*
% Change
2016
2017*
% Change
2016
2017*
% Change
2016
2017*
% Change
2016
2017*
% Change
123.28
121.61
-1.36
47.97
45.74
-4.64
19.02
18.98
-0.21
29.82
30.57
2.54
1.16
1.18
2.31
53.35
53.24
-0.21
33.02
31.99
-3.12
0.33
0.34
4.05
5.57
5.90
5.88
1.58
2.12
33.95
Jackets & Blazers
124.14
119.46
-3.77
65.48
62.16
-5.08
2.57
2.28
-11.48
9.94
9.24
-7.09
9.64
8.62
-10.62
Ladies Blouses
114.71
115.18
0.41
34.66
35.89
3.55
22.80
22.06
-3.23
15.99
17.18
7.42
5.12
4.51
-11.85
Ladies Dresses
167.78
169.72
1.15
65.13
66.13
1.54
20.28
19.90
-1.88
19.07
20.65
8.27
4.69
4.29
-8.63
45.97
42.91
-6.64
17.49
16.57
-5.28
3.40
2.97
-12.64
7.03
6.48
-7.82
1.53
1.48
-3.02
Legwear
200.39
205.24
2.42
102.96
106.81
3.73
2.22
2.46
10.53
1.97
1.80
-8.35
0.69
1.82
166.15
Men's Shirts
270.09
269.18
-0.34
45.96
45.81
-0.34
24.51
23.96
-2.25
107.35
107.90
0.51
11.06
10.94
-1.07
Nightwear
159.61
160.44
0.52
65.89
65.46
-0.66
27.20
27.90
2.59
25.47
24.02
-5.68
2.59
2.61
0.57
46.16
45.61
-1.20
26.42
25.92
-1.88
1.83
1.94
5.73
2.69
3.35
24.54
0.56
0.60
8.24
Sweaters
596.01
604.45
1.42
232.59
230.32
-0.98
12.79
13.44
5.04
172.01
174.84
1.65
7.46
7.46
0.13
Trousers
1107.51
1112.43
0.44
288.19
279.39
-3.05
40.60
41.36
1.87
338.05
340.97
0.86
34.61
35.11
1.44
T-Shirts
591.44
587.45
-0.67
68.71
67.58
-1.64
51.22
51.98
1.48
275.23
275.18
-0.02
6.85
7.48
9.23
Undergarments
109.67
104.50
-4.71
47.17
43.85
-7.05
15.63
15.13
-3.23
21.15
20.71
-2.05
1.56
2.01
29.37
Ladies Skirts
Suits / Ensembles
Item-wise value increase/decrease in apparel imports by EU: Jan.-Dec. ’17*
(Value in mn Euro)
Exports to EU
Total Imports by EU
China
APPAREL TYPE
India
Bangladesh
2016
2017*
% Change
2016
2017*
% Change
2016
2017*
% Change
Babieswear
2444.13
2446.45
0.09
951.99
914.42
-3.95
398.42
401.96
Foundation Garments
1868.00
1917.87
2.67
921.53
909.45
-1.31
18.76
19.85
Jackets & Blazers
2753.79
2648.07
-3.84
1199.15
1097.73
-8.46
62.01
Ladies Blouses
3268.70
3343.77
2.30
899.41
935.93
4.06
692.52
Ladies Dresses
4333.88
4390.41
1.30
1711.61
1752.10
2.37
544.61
Ladies Skirts
Vietnam
2016
2017*
% Change
2016
2017*
% Change
0.89
518.49
551.32
6.33
26.77
27.30
1.97
5.76
187.28
196.11
4.71
89.52
116.45
30.08
58.29
-6.00
161.66
151.97
-6.00
215.90
196.80
-8.85
687.21
-0.77
342.04
366.39
7.12
109.00
99.04
-9.14
532.57
-2.21
288.69
319.93
10.82
101.12
90.01
-10.99
994.34
951.94
-4.26
350.91
342.43
-2.42
87.24
74.09
-15.07
104.05
99.03
-4.82
30.56
29.29
-4.16
Legwear
1994.90
2055.65
3.05
749.36
805.61
7.51
27.51
28.29
2.83
21.36
20.69
-3.15
7.88
13.53
71.67
Men's Shirts
5348.86
5247.41
-1.90
897.92
860.53
-4.16
531.05
520.21
-2.04
1607.92
1616.88
0.56
283.36
278.82
-1.60
Nightwear
1763.17
1781.89
1.06
618.15
621.22
0.50
321.83
326.49
1.45
285.67
273.91
-4.12
26.94
20.84
-22.62
Suits / Ensembles
716.96
698.55
-2.57
270.95
265.50
-2.01
33.68
35.90
6.58
33.57
40.29
20.04
10.98
10.47
-4.62
Sweaters
10299.91
10362.23
0.61
4191.66
4124.02
-1.61
225.59
236.78
4.96
2357.60
2373.73
0.68
144.29
153.64
6.48
Trousers
17560.24
17705.99
0.83
3467.57
3369.80
-2.82
670.10
659.22
-1.62
4605.29
4640.00
0.75
655.16
690.09
5.33
T-Shirts
8964.99
9001.33
0.41
1175.17
1155.12
-1.71
833.41
841.94
1.02
3010.60
3108.74
3.26
151.16
153.44
1.51
Undergarments
1370.39
1373.31
0.21
462.70
455.24
-1.61
188.34
183.99
-2.31
279.77
286.60
2.44
37.19
48.22
29.65
* Data from Jan.-Sep. ’17 is officially available, whereas data for Oct.-Dec. ’17 is tentative
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