In 2022, the European Union’s (EU) trade in textiles and clothing exceeded, for the first time in history, the 200 bn euro mark. This record growth of total trade is mainly due to a sharp increase in clothing imports (36,6 percent in value), especially from China and Bangladesh, which outweighs EU’s positive export performance. As a result, the EU’s trade deficit in textiles and clothing has increased to 70 bn euro, which is 48 percent higher than the year before.