UAE is world?s 11th biggest clothing importer

The UAE was the 11th biggest importer of clothes in 2012, according to the International Trade Statistics 2013 report published by World Trade Organization (WTO), with total imports of $4 billion (Dh 14.7 billion) constituting 0.8 per cent of the world?s total imports.

According to the same report, the figures represent a 13 per cent increase compared to 2011.

The European Union topped the list with an import value of $170 billion, while US came second ($88 billion), Japan third ($34 billion), Australia 8th, China 10th, Saudi 12th, Mexico 13th and Chile 14th in the importers? list.

According to WTO secretariat estimates, 15 countries exported $370 billion worth of clothes, holding 87.5 per cent share of the world?s exports in 2012. These countries categorised according to export volumes, are: China, European Union, Hong Kong, Bangladesh, Vietnam, India, Indonesia, USA, Malaysia, Mexico, Cambodia, Thailand, Pakistan and Sri Lanka.

via UAE is world?s 11th biggest clothing importer – Emirates 24/7.