Key Market Indicators
South Korea's fabric exports are forecast to drop by 3% to around $3 billion by 2026, according to estimates. This follows a 1.4% annual decrease since 1993. In 2021, China topped the list with exports of $3.2 billion, while South Korea, Italy, and Germany were ranked second, third, and fourth, respectively. Meanwhile, South Korea's fabric imports are projected to reach $152 million by 2026, an increase of 1.2% per year on average since 1993. Lesotho led the list in 2021 with exports of $141 million, followed by Indonesia, China, and the United States.
