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China top apparel supplier for Russia even as exports decline

25 Mar '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Despite a recent decline in trade between China and Russia, China remains top apparel supplier for Russia, with a **.*% share of total apparel imports. However, China's apparel exports to Russia have slowed down since 2018, only slightly improving to $***.*** billion in 2021. Russia's share in China's total apparel market in 2021 was **.*% .

China&#**;s apparel exports to Russia amounted to $*.*** billion last year. The outbound shipment was recorded at $*.*** billion in ****, slightly better than the trade of $*.*** billion in **** when COVID-** lockdowns hit the world. Apparel exports to Russia have slowed down since ****, reducing to $*.*** billion from $*.*** billion in ****. It decreased sharply to $*.*** billion in **** and $*.*** billion in ****, according to Fibre2Fashion&#**;s market insight tool TexPro. However, trade improved in **** with the post-COVID-** recovery. 

China&#**;s fabric exports to Russia also noticed volatility, peaking at $*.*** billion in **** after a rise from $*.*** billion in ****. However, the shipment decreased to $***.*** million in ****. It increased to $***.*** million in **** and $*.*** billion in ****

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