China's apparel exports to Africa at $3.2 bn in Q1 2023, 7.3% of total

06 Jul '23

2 min read

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Insights

From January-April 2023, China's apparel exports to Africa hit $3.254 billion, accounting for 7.31 per cent of China's total apparel exports, making Africa its 4th largest market.
In April 2023, China's monthly shipment crossed the $1 billion mark for the first time.
Despite a decline in 2020, apparel exports recovered in 2021 and continue to grow in 2023.

China's apparel exports to Africa reached $3.254 billion from January to April 2023, making the region the fourth largest market for China. These exports accounted for 7.31 per cent of China's total apparel shipments. For the first time, the country's monthly shipment crossed the $1 billion mark in April 2023. Throughout 2022, China exported apparel valued at $7.859 billion to Africa.

In 2020, China’s shipment of apparel experienced a decline, dropping to $6.907 billion from $7.004 billion in 2019. However, it rebounded to $8.671 billion in 2021. On a quarterly basis, the shipment in Q1 2023 was $2.253 billion, up from $2.123 billion in Q4 2022. The values recorded in Q3, Q2 and Q1 of 2022 were $2.117 billion, $1.923 billion, and $1.695 billion respectively, according to Fibre2Fashion’s market insight tool TexPro.

During the first four months of 2023, Africa was the fourth largest region for China’s exports. China exported apparel worth $44.523 billion during this period, with exports to Africa valued at $3.254 billion. This accounted for 7.31 per cent of total exports from China.

According to TexPro, China's exports of home textiles totalled $11.978 billion. Shipments to Africa in this period were worth $665.134 million, representing 5.55 per cent of the total.

Fibre2Fashion News Desk (KUL)

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