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South Korea's apparel imports surge 13% to $1.33 bn in Oct 2024

29 Nov '24
2 min read
South Korea's apparel imports surge 13% to $1.33 bn in Oct 2024
South Korea's apparel imports surge 13% to $1.33 bn in Oct 2024

Insights

  • South Korea's apparel imports rose by ***.*1 per cent year-on-year to $*.** billion in October 2024, despite a *.*7 per cent dip from September.
  • January-October imports totalled $**.*2 billion, led by Chapter 62 items.
  • Exports of man-made filaments and knitted fabrics also increased slightly year-on-year.
  • In 2023, apparel imports were $**.*9 billion, while Chapter 54 exports hit $*.** billion.

In October ****, South Korea imported knitted apparel and clothing accessories (Chapter **) valued at $***.*** million, compared to $***.*** million during the month in ****. The import value of non-knitted apparel and clothing accessories (Chapter **) was $***.*** million in October ****, up from $***.*** million in October ****. In September ****, the country’s imports amounted to $***.*** million (Chapter **) and $***.*** million (Chapter **).

From January to October ****, South Korea’s total apparel imports amounted to $**.*** billion, with Chapter ** items accounting for $*.*** billion and Chapter ** items for $*.*** billion. For full-year ****, the country imported apparel worth $**.*** billion, with Chapter ** imports at $*.*** billion and Chapter ** imports at $*.*** billion.

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