Trade and Trade Policy: Clothing Imports, Consumer Expenditure and Trends in Five Emerging Markets: India, Kazakhstan, Malaysia, Peru and South Korea
This report provides vital data and analysis of trends in national, regional and world clothing imports and consumer expenditure on clothing and footwear. The report focuses in greater detail on clothing imports, consumer expenditure and trends in five key emerging markets, namely India, Kazakhstan, Malaysia, Peru and South Korea. World clothing imports rose to a record high for the third consecutive year in 2013, according to the latest global data. There was strong growth in imports into several markets, including China, India, Indonesia, Kazakhstan, Malaysia, Peru, Saudi Arabia, Singapore, South Africa, South Korea and Turkey, but imports into the two biggest import markets - the EU and the USA - rose only modestly after declining in the previous year. Consumer expenditure on clothing and footwear is estimated to have grown in most of the major economies but in many cases growth was slow. Furthermore, expenditure is estimated to have declined in a number of countries in 2014. Nevertheless, growth is predicted for almost all the major economies in the five years to 2019.