UK's clothing imports drop 11.9% to $1.61 bn in Sept 2024

Imports of textile fabrics in September 2024 fell by 5.68 per cent to £431 million, down from £457 million in September 2023. However, there was a slight increase from July 2024’s figure of £418 million. Fibre imports in September 2024 were stable at £24 million, matching the figure from August 2024 but lower than the £30 million recorded in September 2023.

During the third quarter of 2024, the UK’s clothing imports amounted to £3.755 billion (~$4.75 billion), a decline of 10.21 per cent compared to £4.182 billion in the third quarter of 2023. This, however, represented an increase from the £3.481 billion recorded in the second quarter of 2024. Fabric imports during this period were valued at £1.321 billion, while textile fibre imports reached £86 million. In the same period of 2023, fabric imports were £1.369 billion, and fibre imports stood at £101 million.

For the year 2023, the UK’s clothing imports totalled £15.702 billion (~$20.33 billion), a significant decline of 25.94 per cent from £21.203 billion in 2022. Fabric imports were recorded at £5.547 billion in 2023, down from £6.357 billion in 2022, while fibre imports decreased to £413 million from £562 million in the same period. In 2021, imports of clothing, fabrics, and textile fibres were £17.034 billion, £5.996 billion, and £458 million, respectively.

ALCHEMPro News Desk (KUL)