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Prime Content | 
Australian apparel imports & cotton exports to ASEAN rise over 5 years

06 Mar '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Australian PM Anthony Albanese is hosting the ASEAN-Australia Special Summit in Melbourne, showcasing growing ties, notably in textile trade.
  • Apparel imports from ASEAN to Australia surged by **0** per cent in five years, reaching $***.*** million in 2023, while Australian cotton exports to ASEAN reached $***.*** million in January-November 2023.

Over the past five years, Australia has witnessed a surge of approximately ** per cent in apparel imports from ASEAN. Moreover, Australia’s cotton exports to ASEAN have skyrocketed by an impressive *.**-fold during the same period, highlighting the burgeoning trade relations.

Australia&#**;s apparel imports from ASEAN surged to $*,***.*** million in January-November ****, with projections indicating a potential rise to $*,*** million by December ****. This anticipated increase signifies a remarkable ** per cent upsurge compared to the imports recorded in ****, reflecting the robust growth trajectory, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.

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