Extra-EU Imports of Clothing and EU Preferential Trade Policies in the Post-Quota Era: The Position of Asian Suppliers in the Largest World Market for Clothing Imports
James, William E.; Hernando, Juan Paolo | October 2008
Abstract
The European Union (EU) became the largest single market for clothing imports
in 2007, surpassing the United States (US). This paper examines the competitive
position of suppliers from developing Asia in the expanded EU clothing market
relative to other non-EU suppliers, including those receiving preferences under
the complex system of EU preferential trade programs. The paper finds that
competitive Asian suppliers, led by the People’s Republic of China (PRC), have
performed well in the EU clothing market since quotas were eliminated under
the Agreement on Textiles and Clothing (ATC) in 2005. It also examines price
movements in imported clothing under the ATC (2004) and after quotas were
abolished (2005), and then examines how the imposition of safeguards on the
PRC (2006–2007) affected prices. The relative position of various groups of
suppliers in terms of unit prices is then compared with the PRC and the world as
a whole. Finally, time trends in price movements are examined for the PRC and
from all suppliers. The findings indicate that the end of quotas on the PRC on
1 January 2008 should bring renewed downward pressure on prices in the EU
clothing market, and will require other suppliers to become more efficient, else
they lose market share.
Citation
James, William E.; Hernando, Juan Paolo. 2008. Extra-EU Imports of Clothing and EU Preferential Trade Policies in the Post-Quota Era: The Position of Asian Suppliers in the Largest World Market for Clothing Imports. © Asian Development Bank. http://hdl.handle.net/11540/2357. License: CC BY 3.0 IGO.ISSN
1655-5252
Keywords
Textile Industry
Rayon Industry
Cotton Industry
Clothing Industry
Trade
Merchandise Trade
Weaving
Textiles
Textile Workers
Wool Industry
Silk Industry
Small Scale Industry
Medium Scale Industry
Local Industry
Export Oriented Industries
Shoe Industry
Clothing
Hosiery Industry
Fur Industry
Leather Industry
Import volume
Export volume
Imports
Exports
Work clothes industry
Women's clothing industry
Children's clothing industry
Uniforms industry
Underwear industry
T-shirt industry
Sweater industry
Suspender industry
Sport clothes industry
Sleepwear industry
Shirt industry
Shawl industry
Men's clothing industry
Leather garments industry
Textile industry and fabrics
Fabrics
Cloth
Wool-growing industry
Garment industry
Apparel industry
Belt industry
Glove industry
Footwear industry
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Citable URI
http://hdl.handle.net/11540/2357Metadata
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