Home breadcru News breadcru Trade breadcru  | Bangladesh key apparel supplier despite fluctuating imports to S Korea

Prime Content | 
Bangladesh key apparel supplier despite fluctuating imports to S Korea

05 Oct '24
2 min read
Bangladesh key apparel supplier despite fluctuating imports to S Korea
Bangladesh key apparel supplier despite fluctuating imports to S Korea

Insights

  • South Korea's apparel imports from Bangladesh dropped by ****.** per cent in Q2 2024 to $****.*** million, following a fluctuating trend.
  • Imports peaked in Q1 at $****.*** million but declined across various quarters in 2022 and 2023.
  • Bangladesh was the fourth-largest apparel supplier to South Korea, contributing *.*0 per cent of the country's $*.** billion apparel imports from January to July 2024.

South Korea’s apparel imports from Bangladesh were higher in the first and third quarters compared to the second and fourth quarters. This fluctuating trend in imports reflected the demand in South Korea’s apparel market, according to the latest trade data from Fibre2Fashion’s market insight tool TexPro.

In Q* ****, imports declined to $***.*** million, down from $***.*** million in Q* ****. However, they rebounded to $***.*** million in Q* **** before dipping again to $***.*** million in Q* ****. A similar trend was observed in ****, when imports surged to $***.*** million in Q* but fell sharply to $**.*** million in Q*. Imports then recovered to $***.*** million in Q*, only to slip once more to $***.*** million in Q* ****, as per TexPro.

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!