Statistical Analysis Of Textile Industry At The European Union Level In Post Crisis Period

Textile and clothing industry represents an important part of the European manufacturing industry, and over the years has proven to be an essential activity for the economic performance and social welfare of many European regions. The textile and clothing industry has experienced significant development in recent decades as a result of technological advances, the evolution of production costs, the appearance of dominant international competitors and the abolition of import quotas after 2005. In response to competitive challenges, the textile and clothing industry experiences a long process of restructuring and modernization. Due to globalization and technological progress, a significant number of companies in the industry have redefined their strategy, striving for competitiveness. The aim of the paper is to analyze the evolution of the main indicators for the European textiles and clothing industry, under the influence of globalization and the recent economic crisis.