Home breadcru News breadcru Import/Exports breadcru UK's clothing imports down 21% to £1.16 bn in April 2023

UK's clothing imports down 21% to £1.16 bn in April 2023

18 Jun '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • In April 2023, the UK's clothing imports fell by 20.91 per cent year-on-year to £1.161 billion, continuing a monthly downtrend.
  • Textile fabric and fibre imports also declined.
  • However, 2022 saw a 23.5 per cent increase in clothing imports from 2021.
  • Meanwhile, clothing exports in Q1 2023 and the entire year of 2022 decreased compared to previous periods.
In April 2023, the United Kingdom's clothing imports stood at £1.161 billion ($1.470 billion), representing a 20.91 per cent decrease compared to the £1.468 billion recorded during the same period in the previous year. Clothing imports demonstrated a month-on-month downtrend, standing at £1.459 billion in March 2023, according to the UK's Office for National Statistics (ONS). 

Textile fabric imports fell by 15.18 per cent to £430 million in April 2023, down from £507 million in April 2022. Month-on-month, the import declined from £500 million recorded in March 2023. The UK's fibre imports were £30 million in April 2023, down from £46 million in April 2022 and £36 million in March 2023. 

In the first quarter (Q1) of the current year, the UK’s clothing imports totalled £4.137 billion, with fabric imports at £1.432 billion and textile fibres at £110 million. 

The country’s clothing imports for 2022 were recorded at £21.255 billion ($25.86 billion), a 23.50 per cent increase compared to the imports of £17.034 billion in 2021. Textile fabric and textile fibre imports were recorded at £6.357 billion and £545 million, respectively, in 2022. 

In April 2023, clothing exports from the UK amounted to £262 million, down from £292 million during the same period in 2022. Exports stood at £339 million in March 2023. During the first quarter of 2023, clothing exports declined to £943 million, down from £955 million in Q1 2022 and £1,151 million in Q4 2022. Exports further decreased, reaching £3.931 billion in 2022, down from £4.263 billion in 2021. Exports of textile fabrics and fibres were recorded at £2.716 billion and £616 million, respectively, in 2022. 

ALCHEMPro News Desk (KUL)

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