UK's clothing imports drop 11.9% to $1.71 bn in Aug 2024 - Textile Fashion News SBS Zipper

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.

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.

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.

SBS Zipper News Desk (KUL)

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