Peru's apparel imports from China dip to $387 mn in Jan-Sept

The country's total apparel imports reached $643.146 million from January to September 2024. The imports decreased by 0.92 per cent from the inbound shipment of $649.338 million in the same period of 2023, according to Fibre2Fashion's market insight tool TexPro.

Trousers and shorts were the most dominant products in Peru's apparel imports during the first nine months of 2024. The imports of trousers and shorts were valued at $51.222 million, which constituted 15.68 per cent of the total apparel imports for the period. The import of jerseys was $44.946 million (13.76 per cent), socks $35.422 million (10.84 per cent), innerwear $34.605 million (10.59 per cent), and T-shirts $25.687 million (7.86 per cent), as per TexPro.

In 2023, China's share was 59.71 per cent of Peru's total apparel imports, which totalled $843.884 million. The imports from China were recorded at $503.903 million. The imports had fallen by 12.76 per cent from $577.637 million in 2022, when textile imports had seen impressive growth following the COVID impact.

Earlier, Peru's apparel imports from China were noted at $446.253 million in 2021, $408.431 million in 2020, and $510.508 million in 2019.

ALCHEMPro News Desk (KUL)