The global apparel trade & retail update report for May 2025. It provides an overview of the latest apparel consumption and trade data for major supplier and buyer nations.
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This month's key highlights are as follows:
Apparel Imports in Mar. 2025:
US: US$ 6.6 bn, up 12% YoY
EU: US$ 8.7 bn, up 23% YoY
UK: US$ 1.9 bn, up 36% YoY
Japan: US$ 2.2 bn, up 29% YoY.
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Apparel Exports in Apr. 2025:
China: US$ 11.2 bn, down -1% YoY
Bangladesh: US$ 2.4 bn, unchanged
India: US$ 1.4 bn, up 17% YoY
Vietnam: US$ 3.1 bn, up 15% YoY
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Apparel Retail Scenario:
US apparel store sales in Apr. 2025 are estimated to be 6% higher than Apr 2024, and home furnishing store sales are estimated to be -1% lower
UK apparel store sales in Apr. 2025 were £ 3.6 billion, which is 9% higher than Apr. 2024
The US online sales of clothing decreased by -6% in Q1 2025 over Q1 2024
In Mar 2025, Indian apparel retail sales registered a growth of 6% over Mar 2024.
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In Apr. 2025, US macroeconomics indicated a mixed reaction, as inflation fell to 2.3%, while consumer confidence dropped further to 86.0 from 92.9 in the previous month.
CREDITS: Wazir Advisors' recent report