South Korea's wearing apparel exports to the US have experienced a general downward trend from 2013 to 2024. The exports stood at 192.97 million USD in 2023. The year-on-year variation for 2023 was a decline of 5.14%, following a 4.98% decrease in 2022. The compound annual growth rate (CAGR) over the last five years has been -5.19%. Forecast data suggests a continued decline with a forecasted five-year CAGR of -5.28%, resulting in an anticipated value of 138.4 million USD by 2028, implying a 23.75% decrease from 2023.

Key future trends to watch:

Shifts in consumer preferences towards sustainable and ethically produced apparel.
Potential impacts of geopolitical relations and trade policies between South Korea and the US.
Increasing competition from other apparel-exporting countries.
Technological advancements in textile manufacturing and supply chain efficiencies.