Fabric imports from Indonesia, Thailand, Malaysia, and SL will increase in 2022
Island countries in South Asia saw an increase in fabric imports in 2022. Inbound shipments to Indonesia, Sri Lanka, Thailand, and Malaysia exceeded the previous year. Indonesia and Thailand imported more fabric than the previous year, an increase of more than 10%. Sri Lankan textile imports also increased slightly during the same period.

Indonesia’s fabric import value increased to $4.769 billion in 2022, an increase of 10.34% from the import value of $4.322 billion in 2021. The country imported fabrics worth $3.159 billion in 2020, $4.32 billion in 2019, $4.472 billion in 2018, and $4.085 billion.According to 2017 Fibre2Fashion’s market insight tool TexPro.

Sri Lanka’s textile imports improved slightly from $2.226 billion in 2021 to $2.292 billion in 2022. The country faced economic and political instability in the first half of 2022, disrupting economic activity. Despite this, the value of fabric imports increased by 1.28% last year. Sri Lanka’s textile imports were $1.758 billion in 2020, $2.239 billion in 2019, $2.212 billion in 2018, and $2.136 billion in 2017.

Island countries in South Asia saw an increase in fabric imports in 2022. Inbound shipments to Indonesia, Sri Lanka, Thailand, and Malaysia exceeded the previous year. Indonesia and Thailand imported more fabric than the previous year, an increase of more than 10%. Sri Lankan textile imports also increased slightly during the same period.

Thailand’s textile imports were $1.226 billion in 2021, compared to $1.079 billion in 2020, $1.328 billion in 2019, $1.282 billion in 2018, and $1.146 billion in 2017. It increased by 13.37% to reach $1.39 billion in 2022. The import value for the first 11 months of 2022 was $405.565 million, close to the 2021 import value of $416.47 million. The country imported fabrics worth $454.332 million in 2020, $554.72 million in 2019, $654.137 million in 2018, and $690.33 million in 2017.according to Tex Pro.

Fiber 2 Fashion News Desk (KUL)


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