China exported apparel worth $30.916 billion in the first quarter of the current year. Therefore, Europe’s share in outbound shipments stood at 20.56 per cent during the period, compared to 19.93 per cent in China’s total apparel exports of $32.479 billion in the first quarter of 2024. China’s total shipments declined by 4.81 per cent in January-March 2025, according to Fibre2Fashion's market insight tool TexPro.
Europe’s share in China’s apparel exports has been falling over the past five years. In 2020, its share was 27.94 per cent, with exports to the continent standing at $34.670 billion out of China’s total shipments of $124.108 billion. The share dropped to 23.49 per cent in 2024, when China’s apparel exports to Europe reached $35.797 billion out of total shipments worth $152.419 billion.
Europe also slipped to third place among top export destinations last year. The continent was the second-largest destination for Chinese apparel exports in 2020, according to TexPro.
However, in value terms, China’s apparel exports to Europe maintained an upward trend despite significant volatility. Shipments were valued at $30.392 billion in 2019, growing by 14.08 per cent to $34.670 billion in 2020, further increasing by 12.28 per cent to $38.928 billion in 2021, and rising by 7.18 per cent to $41.724 billion in 2022.
The trade, however, declined by 16.15 per cent to $34.987 billion in 2023 but rebounded with a 2.31 per cent rise to $35.797 billion in 2024.
ALCHEMPro News Desk (KUL)
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