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Textiles

Prime Content | 
Can Turkiye or Bangladesh replace China to lead EU apparel exports?

07 Dec '23
4 min read
(L-R) European Council President Charles Michel, President of China Xi Jinping and President of European Commission Ursula von der Leyen at EU-China summit. Pic: @EU_Commission/X (formerly Twitter).
(L-R) European Council President Charles Michel, President of China Xi Jinping and President of European Commission Ursula von der Leyen at EU-China summit. Pic: @EU_Commission/X (formerly Twitter).

Insights

  • Amid rising trade imbalances and concerns about China dependency, the European Union (EU) is seeking alternatives.
  • The EU-China trade summit in Beijing aims to address this issue.
  • While China focuses on electric vehicles, Turkiye and Bangladesh may fill the textile and apparel gap.
  • The EU's de-risking strategy will depend on outcomes from the ongoing summit.
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