Clothing: parts of garments or of clothing accessories, other than those of heading no. 6212 (not knitted or crocheted)

In 2024, clothing: parts of garments or of clothing accessories, other than those of heading no. 6212 (not knitted or crocheted) trade exhibited significant decline, with global flows reaching $1,090,940,286 and a three-year compound annual growth rate of +3.6% (five-year: +4.8%). The all-time peak of $2,200,223,091 was recorded in 1998; the current level is 50% below that high-water mark.

Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+3.3% acceleration).

The World Trade Flows Characterization classifies clothing: parts of garments or of clothing accessories, other than those of heading no. 6212 (not knitted or crocheted) as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.116). The three largest exporters — Italy ($301.3M), China ($146.2M), and Egypt ($82.4M) — collectively dominate supply flows. The leading exporter has grown at +11.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.035). The three largest import markets are Vietnam ($92.6M), Tunisia ($77.8M), and United States ($75.6M). The largest importing market sources from 33 different supplying countries.

Estimated substitution elasticity: -1.83. Buyers tend to remain with established suppliers even when price differences exist.

The dominant trade corridor is Italy → Hong Kong at $60.2M, representing 89.2% of the importer's total demand.

The volatility score for clothing: parts of garments or of clothing accessories, other than those of heading no. 6212 (not knitted or crocheted) is 3 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.