UK's clothing imports up 6.9% to $2 bn in Oct 2024

Imports of textile fabrics in October 2024 increased by 1.77 per cent to £517 million, up from £508 million in October 2023. However, they also rose from September 2024's figure of £431 million. Fibre imports in October 2024 remained stable at £36 million, slightly lower than £38 million in October 2023 but higher than the £24 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 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 in 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)