section_path: Global trade
section_name: Global trade
paragraph_text: Global trade
  
  EU member states imported €166 billion of clothes in 2018; 51% came from outside the EU (€84 billion). EU member states exported €116 billion of clothes in 2018, including 77% to other EU member states.
  
  According to the World Trade Organization (WTO) report, the value of global clothing exports in 2022 reached US$790.1 billion, up 10.6% from 2021. China is the world's largest clothing exporter, with a value of US$178.4 billion, accounting for 22.6% of the global market share. Next are Bangladesh (US$40.8 billion), Vietnam (US$39.8 billion), India (US$36.1 billion), and Turkey (US$29.7 billion).
  
  In Vietnam, clothing exports continue to be one of the leading export sectors, contributing significantly to the export turnover and economic growth of the country. According to the General Department of Customs of Vietnam, the value of Vietnam's clothing exports in 2022 reached US$39.8 billion, up 14.2% from 2021. Of which, clothing exports to the United States reached US$18.8 billion, accounting for 47.3% of the market share; exports to the EU reached US$9.8 billion, accounting for 24.6% of the market share.