Denmark’s apparel imports declined during the first half of ****, but China strengthened its position as the country’s largest supplier, gaining market share as shipments from Bangladesh fell sharply. Denmark imported apparel worth $*.*** billion during January–June ****, down by *.* per cent from $*.*** billion in the corresponding period of ****, according to the latest trade data.
According to sourcing intelligence tool TexPro, imports from China increased by *.* per cent to $***.*** million from $***.*** million. China’s share of Denmark’s apparel imports consequently rose by *.** percentage points to **.** per cent from **.** per cent.
In contrast, imports from Bangladesh fell by **.* per cent to $***.*** million from $***.*** million. Its market share contracted by *.** percentage points to **.** per cent from **.** per cent. The contrasting performances indicated a shift in Denmark’s sourcing pattern. While Bangladesh lost $**.*** million in apparel shipments, China gained $**.*** million. China therefore captured part of the market vacated by Bangladesh, although its increase did not fully offset the latter’s decline.
