Malaysia’s apparel exports to Europe are likely to increase in 2022, after registering a downward trend in the previous years. It exported apparel worth $180.083 mn to Europe in the first 9 months of 2022 and the figure is expected to cross $225 mn for the entire 2022. Malaysia had shipped apparel worth $193.685 mn in 2021 to the continent.
The exports to Europe witnessed a downward trend since 2017 when they were noted at $278.209 mn. The trade was slightly down to $277.545 mn in 2018. Malaysia’s apparel shipment further declined to $255.092 mn in 2019 and $223.592 mn in 2020, according to market report.
The monthly exports ranged between $15 mn to $23 mn during the last six months. The exports peaked at $22.823 mn in May 2022 and bottomed out at $15.886 mn in September 2022.
In terms of value, the trousers and shorts category was the largest within apparel with 13.04 percent of the total apparel exports. Jerseys, T-shirts, innerwear, coats, shirts, sportswear, ensembles, dresses, and nightwear were among the top ten apparel products exported from Malaysia to Europe.
Accessories exports to Europe amounted to $33.499 mn in 2021, which was 17.30 percent of the total exports of Malaysia, as per market report.
Malaysia’s apparel exports to Europe are likely to increase in 2022, after registering a downward trend in the previous years. It exported apparel worth $180.083 mn to Europe in the first 9 months of 2022 and the figure is expected to cross $225 mn for the entire 2022. Malaysia had shipped apparel worth $193.685 mn in 2021 to the continent.
