Which Country Imports the Most Articles of Apparel and Clothing Accessories in the World?

In 2016, the global imports of articles of apparel and clothing accessories totaled X tonnes, remaining constant against the previous year figure. In general, articles of apparel and clothing accessories imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when import increased by X% y-o-y. In that year, global articles of apparel and clothing accessories imports reached its maximum volume of X tonnes. From 2011 to 2016, growth of global articles of apparel and clothing accessories imports stood at a somewhat lower level.

In value terms, articles of apparel and clothing accessories imports amounted to $X in 2016. Overall, articles of apparel and clothing accessories imports continue to indicate a prominent growth. Over the period under review, global articles of apparel and clothing accessories imports attained its maximum level in 2016, and are expected to retain its growth in the immediate term.

Top Articles Of Apparel And Clothing Accessories Importing Countries in the World

X. Russia (X million USD)

X. France (X million USD)

X. South Korea (X million USD)

X. Germany (X million USD)

X. United Kingdom (X million USD)

X. China (X million USD)

X. Australia (X million USD)

X. Ukraine (X million USD)

X. Malaysia (X million USD)

X. Saudi Arabia (X million USD)

X. Ghana (X million USD)

Articles Of Apparel And Clothing Accessories Imports By Country

China (X tonnes) prevails in articles of apparel and clothing accessories imports structure, finishing at X tonnes, which was near X% of total imports in 2016. It was distantly followed by Ghana (X tonnes), generating X% share of total articles of apparel and clothing accessories imports. Australia (X tonnes), Germany (X tonnes), Malaysia (X tonnes), South Korea (X tonnes), France (X tonnes), Saudi Arabia (X tonnes), Ukraine (X tonnes), the UK (X tonnes), and Russia (X tonnes) followed a long way behind this figure.

China experienced a relatively flat trend pattern. At the same time, Malaysia (+X%), Saudi Arabia (+X%), Ukraine (+X%), South Korea (+X%), the UK (+X%), France (+X%), and Ghana (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. By contrast, Germany (-X%), Australia (-X%), and Russia (-X%) illustrated a downward trend over the same period. South Korea (-X%), Saudi Arabia (-X%), and Malaysia (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported articles of apparel and clothing accessories worldwide, making up X% of global imports. The second position in the ranking was occupied by France ($X), with the share of X% of global imports. It was followed by South Korea, with the share of X%.

In Russia, articles of apparel and clothing accessories imports stood at an average annual rate of +X% over the period from 2007-2016. The remaining importing countries recorded the following average annual rates: France (+X% per year) and South Korea (+X% per year).

Articles Of Apparel And Clothing Accessories Import Prices By Country

The average articles of apparel and clothing accessories import price stood at $X per kg in 2016, picking up by X% against the previous year. In general, articles of apparel and clothing accessories import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2015, when it surged by X% against the previous year level. Over the period under review, average articles of apparel and clothing accessories import price reached its maximum level in 2016, and is likely to see steady growth in the near future.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Russia ($X per kg), while Ghana ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of articles of apparel and clothing accessories import prices was attained by Russia (+X% per year), while the other global leaders experienced more modest paces of growth.

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This article was written on the product's HS-code: X.

Source: IndexBox Platform