Home breadcru News breadcru Import/Exports breadcru UK's clothing imports drop 11.9% to $1.71 bn in Aug 2024

UK's clothing imports drop 11.9% to $1.71 bn in Aug 2024

16 Oct '24
2 min read
UK's clothing imports drop 11.9% to $1.71 bn in Aug 2024
Pic: Adobe Stock

Insights

  • In August 2024, the UK's clothing imports fell by 11.99 per cent year-on-year to £1.313 billion (~$1.715 billion) but saw a monthly increase from July's £1.178 billion.
  • Textile fabric and fibre imports also declined compared to 2023.
  • In Q2 2024, clothing imports were 5.75 per cent lower than the same period in 2023.
  • UK clothing imports dropped significantly in 2023, down 25.94 per cent from 2022.
In August 2024, the United Kingdom's clothing imports amounted to £1.313 billion (~$1.715 billion), representing an 11.99 per cent decline compared to £1.492 billion in the same month the previous year. However, there was a month-on-month increase from July 2024’s figure of £1.178 billion, according to the UK’s Office for National Statistics (ONS).

Textile fabric imports in August 2024 decreased by 3.87 per cent to £422 million, compared to £439 million in August 2023. There was also a month-on-month decline from July 2024’s figure of £471 million. Meanwhile, the UK's fibre imports in August 2024 were £24 million, down from £37 million in August 2023 and £35 million in July 2024.

During the second quarter of 2024, the UK's clothing imports totalled £3.485 billion (~$4.53 billion), which was 5.75 per cent lower than the £3.698 billion recorded in the second quarter of 2023. However, this was higher than the £3.278 billion recorded in the first quarter of 2024. Fabric imports amounted to £1.382 billion, while textile fibre imports were noted at £107 million in April–June 2024. In the corresponding period of 2023, fabric and textile fibre imports were £1.439 billion and £108 million, respectively.

In 2023, the UK's clothing imports totalled £15.702 billion (~$20.33 billion), down 25.94 per cent from £21.203 billion in 2022. Fabric and textile fibre imports were recorded at £5.547 billion and £413 million in 2023, down from £6.357 billion and £562 million in 2022, respectively. Imports of clothing, fabric, and textile fibres were £17.034 billion, £5.996 billion, and £458 million, respectively, in 2021.

ALCHEMPro News Desk (KUL)

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