Despite a downturn in monthly volumes in April, fashion and textiles exports have risen to record levels on the annual figure to April 2016 showing how global demand continues unabated despite economic uncertainty.
On the monthly scale, exports declined in April as they did a year previously to stand at £850m, down from £907m in March. However, this remains stronger than the £788m exported in April 2015. Clothing, textiles and footwear exports are all higher than they were in April 2015.
Figure 1: Monthly exports of fashion and textiles goods from the UK (£m)Source: HMRC
This comparative increase compared to April a year ago has meant the annual rolling figure has reached record levels. In April 2016, annual exports of fashion and textiles goods from the UK reached £1.024bn, up £60m on the previous month and £297m more than in April 2015.
Again as with the monthly total, annual growth has been exhibited across the value of clothing, textiles and footwear exports.
Figure 2: Annual rolling exports of fashion and textiles goods from the UK (£m)Source: HMRC