Euratex Annual Report – 2016 – Euratex Annual Report

Euratex Annual Report

Euratex -Annual Report – 2016

Euratex Annual Report

In 2016, the EU-28 Textile & Clothing industry considered as a whole represented turnover €171 billion and more than €4 billion of investment. Thanks to a revival in EU activity, the 177.700 T&C companies still employ more than 1.7 million workers. EU external trade was more dynamic than in the previous year, with €45 billion worth of T&C exports and €110 billion worth of imports from Third markets.

After China, EU is the world’s 2nd largest exporter of textiles & clothing with 22% and 25% of world sales