Wearing apparel exports to China by South Korea have experienced fluctuations over the past decade. The exports peaked at $453.73 million in 2013, with a general downward trend since then. By 2023, exports stood at $373.67 million. Year-on-year variations saw significant declines in certain years, such as 2020 with a -5.36% change, while some years experienced modest growth, like 2021 with a 4.87% increase. The Compound Annual Growth Rate (CAGR) for the last five years ending 2023 is 0.17%.

Looking forward, the forecast indicates a continued decline in apparel exports, with values expected to reach $366.54 million by 2028. The forecasted CAGR for the next five years is -0.3%, reflecting a persistent downward trend.

Future trends to watch for:

Potential impacts of trade policies and tariffs between South Korea and China.
Consumer demand shifts in China, influenced by economic conditions and fashion trends.
Technological advancements and innovations in the apparel industry that may affect production and export capabilities.
Competition from other apparel-exporting countries to China.