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.
