Apparel Exports Maintain 6.1% Momentum š (Jan-Oct 2025)
The Joint Apparel Association Forum (JAAF) reports that exports of apparel & made-up articles held steady, recording a 6.12% Year-on-Year (YoY) increase for the January-October 2025 period. ⢠Overall Performance: ⢠Cumulative Jan-Oct 2025 YoY: +6.12% ⢠October 2025 YoY: Marginal decline of -0.05%, signalling uneven global demand. ⢠Jan-Oct Market Breakdown (YoY Growth): ⢠EU: Strong +14.05% increase. ⢠Other Markets: +8.31%. ⢠US: +1.37%. ⢠UK: +0.98%. ⢠October 2025 Volatility: ⢠EU remained the key driver, accelerating to +12.53% growth. ⢠Shipments to the US fell by -1.92% and the UK by -11.99%, though this was an improvement compared to September's steeper declines. ⢠Exports to Other Markets saw a sharp reversal, contracting by -9.84%, highlighting volatility outside traditional bases. Sustained demand from the EU and cumulative growth reflect the sector's resilience amidst challenging global conditions, according to JAAF.