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Germany's apparel imports rise to $38.5 bn in Jan-Oct 2022

22 Feb '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Germany imported apparel worth $******** million from the world in January-October ****, and its full year imports are likely to surpass the inbound shipment of $******** million during ****. The trade has already exceeded the figures for **** and ****. Imports from China, Turkey, and India remained bearish, but imports from Bangladesh noticed impressive growth.

Germany imported apparel worth $**.*** billion in ****, $**.*** billion in ****, $**.*** billion in ****, and $**.*** billion in ****. The imports grew to $**.*** billion in Q* **** from $**.*** billion in Q* ****. The country’s inbound shipment was $**.*** billion in Q* ****, $**.*** billion in Q* ****, and $**.*** billion in Q* ****, according to Fibre2Fashion’s market insight tool TexPro. 

Country-wise imports by Germany reveal an interesting trend in trade. Germany’s imports from China have decreased or stagnated since ****. China’s supply decreased to $*.*** billion in **** from $*.*** billion in **** and $*.*** billion in ****. It further slipped to $*.*** billion in **** due to COVID but slightly increased to $*.*** billion in **** and $*.*** billion in **** (till October). Germany’s imports from Turkiye also decreased to $*.*** billion in **** from $*.*** billion in ****. The trade improved to $*.*** billion in **** after shrinking in **** to $*.*** billion. Germany imported apparel worth $*.*** billion this year until October. The imports from India also declined to $***.*** million in **** after recording trade at $*,***.*** million in ****, $*,***.*** million in ****, and $*,***.*** million in ****. The supply from India increased to $***.*** million in **** and $***.*** million in **** until October, as per TexPro. 

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