China's share in EU imports declined in 2015 to the benefit of South Asian countries
Erosion of China’s share in EU imports, especially in lower-end products
The leading position of China has continued to be eroded by the increasingly vigorous entry of the other production zones. Whereas in 2010, its market share of EU textiles and clothing imports stood at 40.8%, this had fallen to 35% by 2015. The tendency for China seemed to be more and more textile exports whose production was facilitated by more sophisticated and productive machinery, at the expense of garments which are much more labour intensive.
The Mediterranean countries, which have long enjoyed the advantage of their proximity to the EU-28, have experienced the same scenario as China. Although this area was still a major supplier, its share had contracted from more than 20% in 2009 to 18% in 2015....
|December - 2018|