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Myannmar's apparel exports jump 51.6% in 2022, Japan largest market

19 Apr '23

2 min read

Pic: Shutterstock.com

Insights

Myanmar's apparel exports significantly increased by ****.** per cent in 2022, reaching $****.*** billion, despite political upheaval and protests.
The exports made a full recovery from the impact of COVID-19, surprising many in the textile industry.
Myanmar's largest market in 2022 was Japan, followed by Germany, Spain, the UK, and other countries.

Myanmar&#**;s exports were $*.*** billion in ****. They experienced a steep decline to $*.*** billion in ****, then improved to $*.*** billion in ****, but remained below pre-pandemic levels. In the first quarter of ****, the country exported apparel worth $***.*** million, according to Fibre2Fashion’s market insight tool TexPro.

Japan was Myanmar&#**;s largest market in ****, with a **.** per cent share, amounting to $*.*** billion out of the total exports of $*.*** billion. Other top markets included Germany (**.** per cent), Spain (*.** per cent), the United Kingdom (*.** per cent), South Korea (*.** per cent), Poland (*.** per cent), the Netherlands (*.** per cent), the United States (*.** per cent), France (*.** per cent), and Italy (*.** per cent). Europe and Asia-Pacific were the dominant regions for Myanmar&#**;s apparel exports, as per TexPro.