Home breadcru News breadcru Trade breadcru  | Australia's export of fibre to EU-27 at $63 mn in Jan-Apr 2023

Prime Content | 
Australia's export of fibre to EU-27 at $63 mn in Jan-Apr 2023

16 Jul '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Australia's fibre exports to the EU reached $****** million in early 2023, with apparel imports hitting $****** million.
  • EU was the second largest supplier and market for Australia's apparel and fibre trade respectively, as per TexPro.
  • Amidst these developments, Australia aims to strengthen its bilateral trade via a free trade agreement with the EU.

Australia&#**;s fibre exports were valued at $***.*** million in ****, $***.*** million in ****, and $**.*** million in ****. In terms of quantity, Australia exported **.*** million kg of fibre in ****, **.*** million kg in ****, **.*** million kg in ****, and *.*** million kg in ****, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

The EU, being a significant garment producer, exports fashion garments globally. Australia&#**;s apparel imports from the EU-** amounted to $***.*** million from January to April ****. The previous year, imports were recorded at $***.*** million. In comparison, the country imported apparel worth $***.*** million in ****, $***.*** million in ****, and $***.*** million in ****, as per *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">TexPro. 

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