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France's apparel imports from China decline to $1.3 bn in Q1 2023

26 Jun '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • French imports of apparel from China have been declining, dropping to $1,294.011 million in Q1 2023 from $1,786.580 million in Q4 2022.
  • Despite the decrease, China remains the largest apparel supplier to France, accounting for 20.35 per cent of imports.
  • However, China ranks second in fabric imports to France, contributing $54.948 million.
Imports of apparel from China to France have been steadily decreasing in recent quarters, reaching a low of $1,294.011 million in the first quarter of this year. This is in contrast to the $1,786.580 million recorded in the fourth quarter of last year and $2,060.171 million in the third quarter. Despite this downward trend, China remains the largest supplier, accounting for 20.35 per cent of France's apparel imports. 

As per the trade data from Fibre2Fashion's TexPro market insight tool, France imported $1,603.547 million worth of apparel from China in the first quarter of 2022, and $1,163.374 million in the second quarter of the same year. 

Imports for the first four months of this year stood at $1,603.057 million. In comparison, the total value of apparel imported by France last year was $6.613 billion. This is an increase from previous years, with imports valued at $6.369 billion in 2021, $5.674 billion in 2020, and $6.286 billion in 2019. 

China retained its position as the top supplier of apparel to France, holding a 20.35 per cent market share in the first four months of this year. The total value of apparel imports during this period was $7.877 billion, according to TexPro. 

However, when it comes to fabric imports, China fell to second place in the period from January to April 2023. Fabric imports from China totalled $54.948 million, representing 10.15 per cent of France's total fabric imports of $541.394 million during the same period. 

Fibre2Fashion News Desk (KUL)


This according to Fibre2Fashion's Market Intelligence Tool - TexPro

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