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UK's clothing exports down 16% to $314 mn in September 2024

20 Nov '24
2 min read
UK's clothing exports down 16% to $314 mn in September 2024
Pic: Adobe Stock

Insights

  • In September 2024, the UK's clothing exports fell by 16.72 per cent year-on-year to £249 million and decreased month-on-month from £263 million in August.
  • Textile fabric exports dropped 5.15 per cent year-on-year but rose monthly to £221 million, while fibre exports declined annually to £53 million but increased from £43 million in August.
In September 2024, the United Kingdom's clothing exports totalled £249 million (~$314.37 million), reflecting a 16.72 per cent decline compared to £299 million in the same month the previous year. There was also a month-on-month decrease from the August 2024 figure of £263 million, according to the UK’s Office for National Statistics (ONS).

The UK's textile fabric exports in September 2024 fell by 5.15 per cent to £221 million, compared to £233 million in September 2023. Despite this year-on-year decline, there was a month-on-month increase from August 2024’s figure of £210 million. Fibre exports in September 2024 totalled £53 million, down from £59 million in September 2023, but up from £43 million in August 2024.

During the third quarter of 2024, clothing exports totalled £771 million, compared to £927 million in Q3 2023 and £837 million in Q2 2024. Exports of textile fabrics and fibres in the same quarter were £652 million and £166 million, respectively. Textile fabric exports stood at £646 million in Q3 2023 and £710 million in Q2 2024, while fibre exports were £163 million in Q3 2023 and £172 million in Q2 2024.

In 2023, total clothing exports dropped to £3.772 billion (~$4.88 billion) from £3.931 billion in 2022 and £4.263 billion in 2021. Exports of textile fabrics and fibres in 2023 were £2.737 billion and £667 million, respectively, compared to £2.716 billion and £616 million in 2022.

ALCHEMPro News Desk (KUL)

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