Textile and clothing exports from Bangladesh increased by 4.0% during the country's 2014/15financial year (July 2014-June 2015). In the EU import market, sales of Bangladeshi textiles and clothing rose by 12.1% in 2014 but future sales could be affected if Bangladesh's preferential access to the EU market is revoked. This could occur if the Bangladeshi government does not take the necessary steps to significantly improve building safety standards and overall labour conditions in the country—despite the progress which has been made since the collapse ofRana Plaza in April 2013. Meanwhile, sales of Bangladeshi textiles and clothing in the US import market fell by 2.0%. In India, textile and clothing exports increased by 0.5% to a record high during the country's 2014/15 financial year (April 2014-March 2015). The increase was due to a 12.3% rise in clothing exports. Textile exports, by contrast, declined by 7.4%. The 0.5% rise in textile and clothing exports reflected increases in sales to a number of geographical markets, including Asean countries, Bangladesh, China, the EU, the United Arab Emirates (UAE) and the USA—although exports to Turkey declined. The increase in India's textile and clothing exports was reflected in growth in textile production.
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