Imports from the largest supplier, China, jumped 37.94 per cent to $538.515 million in the first five months of the current year. China’s share of Israel’s total apparel imports rose to 47.50 per cent, compared to $390.595 million (39.09 per cent) in the same period last year, according to sourcing intelligence tool TexPro.
Imports from the second-largest supplier, Bangladesh, increased to $131.236 million from $113.146 million in January–May 2024. Its share also rose to 11.57 per cent, up from 11.32 per cent in the prior-year period. However, Israel’s apparel imports from Turkiye dropped by 26.60 per cent to $80.273 million. Turkiye retained its third position despite a decline in market share from 10.05 per cent to 7.08 per cent.
India was the fourth-largest apparel supplier with a market share of 4.64 per cent. Israel’s imports from the country rose to $52.642 million from $45.273 million.
Vietnam replaced Italy as the fifth-largest apparel supplier, with a market share of 4.14 per cent in the first five months of this year—up from 4.05 per cent in the same period last year. Israel’s imports from Vietnam increased from $40.432 million to $46.857 million, as per TexPro.
Israel’s apparel imports totalled $2,590.084 million in 2024, 15.36 per cent higher than the $2,245.812 million recorded in 2023. Imports from China rose 28.02 per cent to $1,215.507 million in 2024 from $949.084 million in 2023, with its market share increasing from 42.26 per cent to 46.93 per cent.
In 2024, Israel’s apparel imports from Bangladesh stood at $246.990 million (9.54 per cent), from Turkiye $214.126 million (8.27 per cent), from Vietnam $105.937 million (4.09 per cent), and from India $99.762 million (3.85 per cent).
ALCHEMPro News Desk (KUL)
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