UK's clothing exports down 6% to $308 mn in October 2024

The UK's textile fabric exports in October 2024 increased by 3.82 per cent to £244 million, compared to £235 million in October 2023. There was also a month-on-month increase from September 2024’s figure of £221 million. Fibre exports in October 2024 totalled £66 million, up from £53 million in October 2023 as well as 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)