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Australia's apparel imports surge 14.68% in July 2024

08 Sep '24
2 min read
Australia's apparel imports surge 14.68% in July 2024
Australia's apparel imports surge 14.68% in July 2024

Insights

  • Australia's apparel and clothing accessories imports surged by ***.*** per cent to $***.*** billion in July 2024 compared to July 2023, reflecting strong economic conditions.
  • However, imports slowed in fiscal 2023-24, declining by *.* per cent from the previous fiscal.
  • Textile yarn and fabric imports also saw a ***.** per cent increase in July 2024.

The healthy growth in Australian apparel imports reflects robust economic conditions in the country. However, trade softened during fiscal ****-** compared to the previous fiscal ****-**.

Inbound shipments in July **** jumped **.** per cent compared to June ****, when trade was valued at $*.*** billion. Imports of textile yarn, fabrics, made-up articles, and related products amounted to $*** million in July ****, **.** per cent higher than the $*** million imported in the same period of the previous fiscal. Month-on-month, trade rose by **.** per cent, with the country importing textile yarn and fabrics worth $*** million in June ****.

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