The exports to Europe witnessed a downward trend since 2017 when they were noted at $278.209 million. The trade was slightly down to $277.545 million in 2018. Malaysia’s apparel shipment further declined to $255.092 million in 2019 and $223.592 million in 2020, according to Fibre2Fashion’s market insight tool TexPro.
The monthly exports ranged between $15 million to $23 million during the last six months. The exports peaked at $22.823 million in May 2022 and bottomed out at $15.886 million in September 2022.
In terms of value, the trousers and shorts category was the largest within apparel with 13.04 per cent of the total apparel exports. Jerseys, T-shirts, innerwear, coats, shirts, sportswear, ensembles, dresses, and nightwear were among the top ten apparel products exported from Malaysia to Europe.
Accessories exports to Europe amounted to $33.499 million in 2021, which was 17.30 per cent of the total exports of Malaysia, as per TexPro.
ALCHEMPro News Desk (KUL)
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