According to statistics from Taiwan’s Ministry of Finance, the import value of ready-made clothing and accessories in the first quarter of this year was US$340 million, a decrease of 7.0% from the same period last year. Looking at the main import regions, mainland China and Hong Kong were the largest (accounting for 50%). A decrease of 3.3%, followed by a decrease of 16.4% and 8.7% in the six ASEAN countries and Italy respectively. However, affected by the Korean Wave of clothing, imports from South Korea increased by more than 40%;
In the first quarter, the export value of ready-made clothing and accessories was US$170 million, a decrease of 4.7%, of which the largest export market, the United States, decreased by 7.5%, the six ASEAN countries, mainland China and Hong Kong decreased by 6.5% and 5.1% respectively, while exports to Japan increased. 10.5%. In addition, the output value of the domestic garment and accessories manufacturing industry was NT$5.2 billion, a decrease of 8.3%, and the sales value of NT$7.8 billion also decreased by 7.4%.
