While favored by the gradual growth of textile and clothing export in Southeast and South Asia, China’s textile industry suffered a setback in the EU market for the last two consecutive years, 2011 and 2012.

China’s textile and clothing market share in EU market decreased from 42.5% in 2012 to 41% in 2011, further declined to 39.9% in 2012. In Japan, our market share also declined from 77.1% in 2010 to 74.9% and 73.2% in 2011 and 2012, respectively. Meanwhile, the products volume export from ASEAN increased gradually in EU and Japan, rising to 8.3% and 13.7% in EU and Japan, respectively. The export revenue of textile and clothing from Bangladesh to the two main markets also rose to 9.4% and 1.2%, respectively.