Home breadcru News breadcru Import/Exports breadcru UK's clothing exports down 17% to $358 mn in November 2024

UK's clothing exports down 17% to $358 mn in November 2024

20 Jan '25
2 min read
UK's clothing exports down 17% to $358 mn in November 2024
Pic: Adobe Stock

Insights

  • In November 2024, UK clothing exports fell 17.87 per cent year-on-year to £294 million, with textile fabric exports down 4.04 per cent to £237 million.
  • Q3 2024 clothing exports totalled £771 million, down from £927 million in Q3 2023.
  • In 2023, clothing exports dropped to £3.772 billion, while textile fabric and fibre exports were £2.737 billion and £667 million, respectively.
In November 2024, the United Kingdom's clothing exports totalled £294 million (~$358.18 million), reflecting a 17.87 per cent decline compared to £358 million in the same month the previous year. There was also a month-on-month decrease from the October 2024 figure of £308 million, according to the UK’s Office for National Statistics (ONS).

The UK's textile fabric exports in November 2024 decreased by 4.04 per cent to £237 million, compared to £247 million in November 2023. There was also a month-on-month decrease from October 2024’s figure of £244 million. Fibre exports in November 2024 totalled £81 million, up from £54 million in November 2023, as well as £66 million in September 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)

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!