Global exports of cotton apparels slightly down

The global export of cotton apparels including men’s or boy’s overcoats, carcoats, capes, cloaks, anoraks (including ski-jackets), windcheaters, wind-jackets and similar articles, knitted or crocheted, other than those of heading 6103) decreased 3.21 per cent to $920.29 million in the year 2019 compared to export of $950.83 million in 2017.

 

The global export of cotton apparels including men's or boy's overcoats, carcoats, capes, cloaks, anoraks (including ski-jackets), windcheaters, wind-jackets and similar articles, knitted or crocheted, other than those of heading 6103) decreased 3.21 per cent to $920.29 million in the year 2019 compared to export of $950.83 million in 2017.#

The total exports fell 2.71 per cent in 2019 over the previous year and is expected to drop to $892.33 million in 2022 with a rate of 3.04 per cent from 2019.

 

The global export of cotton apparels including men's or boy's overcoats, carcoats, capes, cloaks, anoraks (including ski-jackets), windcheaters, wind-jackets and similar articles, knitted or crocheted, other than those of heading 6103) decreased 3.21 per cent to $920.29 million in the year 2019 compared to export of $950.83 million in 2017.#

The global import value of cotton apparels was $1,166.63 million in 2017, which grew marginally 0.51 per cent to $1,172.56 million in 2019. Total imports plunged 2.35 per cent in 2019 over the previous year and is expected to drop to $1,125.78 million in 2022 with a rate of 3.99 per cent from 2019, according to Fibre2Fashion's market analysis tool TexPro.

 

The global export of cotton apparels including men's or boy's overcoats, carcoats, capes, cloaks, anoraks (including ski-jackets), windcheaters, wind-jackets and similar articles, knitted or crocheted, other than those of heading 6103) decreased 3.21 per cent to $920.29 million in the year 2019 compared to export of $950.83 million in 2017.#

Belgium ($134.69 million), Vietnam ($122.11 million), Cambodia ($113.43 million), China ($78.30 million) and Germany ($64.85 million) were the key exporters of cotton apparels across the globe in 2019, together comprising 55.78 per cent of total export. These were followed by Netherlands ($43.70 million), Italy ($40.72 million) and Spain ($39.36 million).

 

The global export of cotton apparels including men's or boy's overcoats, carcoats, capes, cloaks, anoraks (including ski-jackets), windcheaters, wind-jackets and similar articles, knitted or crocheted, other than those of heading 6103) decreased 3.21 per cent to $920.29 million in the year 2019 compared to export of $950.83 million in 2017.#

From 2016 to 2019, the most notable rate of growth in terms of export value, amongst the main exporting countries, was attained by Germany (113.57 per cent), Cambodia (92.14 per cent), Belgium (44.10 per cent) and Vietnam (32.48 per cent).

 

The global export of cotton apparels including men's or boy's overcoats, carcoats, capes, cloaks, anoraks (including ski-jackets), windcheaters, wind-jackets and similar articles, knitted or crocheted, other than those of heading 6103) decreased 3.21 per cent to $920.29 million in the year 2019 compared to export of $950.83 million in 2017.#

US ($380.60 million), Germany ($107.94 million), France ($65.13 million) and Belgium ($61.29 million) were the key importers of cotton apparels in the globe in 2019, together comprising 52.45 per cent of total import. These were followed by UK ($60.32 million), Spain ($46.89 million) and Netherlands ($44.94 million).

 

The global export of cotton apparels including men's or boy's overcoats, carcoats, capes, cloaks, anoraks (including ski-jackets), windcheaters, wind-jackets and similar articles, knitted or crocheted, other than those of heading 6103) decreased 3.21 per cent to $920.29 million in the year 2019 compared to export of $950.83 million in 2017.#

From 2016 to 2019, the most notable rate of growth in terms of import value, amongst the main importing countries, was attained by France (54.76 per cent), Belgium (45.49 per cent) and Germany (43.88 per cent).