I. Macroeconomic environment and trade risks

division

Main contents

Implications

global economyEasing inflation and recovering consumer sentimentClothing imports continue to recover
labor cost gapProduction cost advantages in Southeast Asia and Central and South AmericaThe fixed import structure centered on OEM/ODM
Exchange rate impactImport prices rise when the won weakensFactors that pressure low-priced brands
ESG regulationsStrengthening human rights and environmental standards in EU and US supply chainsSustainable materials and supply chain transparency are needed.

HS62 is a finished garment based on fabric (woven fabric) , and its global supply chain structure is clearly divided into labor divisions.
Korea focuses on design and planning, while production maintains a Southeast Asian OEM structure .

Ⅱ. Analysis of Import Item Status and Characteristics

item

detail

HS code62 (Articles of apparel, not knitted or crocheted)
Main subcategories6203 (Men's suits and shirts), 6204 (Women's clothing), 6205 (Shirts), 6210 (Waterproof clothing), 6217 (Accessories)
Import volume in 2024Approximately USD 6.8 billion (+7.2% YoY)
industrial structureSPA/fast fashion 55%, luxury/premium 30%, uniform/functional 15%
Major demand sourcesLarge distribution/apparel brands, home shopping, online malls

Imports are steadily increasing thanks to reopenings and expanded overseas production following the COVID-19 pandemic
. Growth is particularly evident in the fashion, leisure, and uniform sectors.

III. Characteristics of major importing countries and supply chains

ranking

importing country

specific gravity(%)

Features and Risks

1vietnam33.5OEM-focused, stable quality and delivery times
2china26.7Includes mid- to low-priced clothing and clothing accessories
3Indonesia12.6sportswear, uniforms
4Bangladesh9.3Mass production, high cost competitiveness
5India5.8Cotton fabrics and premium casual wear
6Cambodia4.4Expanding OEM share
7Italy3.2Luxury brand finished products
etc4.5Türkiye, Spain, Thailand, etc. 

The top five countries account for 87.9% of the production .
The Southeast Asian-centric production base system is firmly established, and the shift from China to Vietnam and Indonesia is accelerating.

Ⅳ. Import share by country

nation

Import share (%)

Δ Proportion (previous quarter)

characteristic

vietnam33.5▲0.7Increasing the proportion of high-end OEMs
china26.7▼0.8Reduction of low-price lines
Indonesia12.6▲0.3Sportswear and uniforms are strong
Bangladesh9.3▲0.2Large-scale supply stabilization
India5.8▲0.2Cotton/Premium
Cambodia4.4▲0.1Active new OEM investments
Italy3.2=Stable imports of luxury goods
etc4.5▼0.7Decrease in Türkiye, Spain, etc.

China's share is declining, and the structure is shifting to a two-axis system of 'Vietnam + Indonesia' .

V. Import volume and supply stability

division

2023 Q3

2024 Q3

Increase/decrease (%)

characteristic

General clothing232 kt248 kt+6.9OEM mass production focus
Functional/Sportswear58 kt63 kt+8.6Expansion of high value-added OEM
Luxury/Premium21 kt22 kt+4.8European imports stabilize
Uniforms/Industrial14 kt15 kt+7.1Increased public and private demand

Overall import volume continues to increase due to increased OEM volume , especially acceleration of shift to high value-added products centered on functional clothing .

Ⅵ. Unit price and price trends

Item

2024 Q1 (USD/kg)

2024 Q2

2024 Q3

QoQ Δ(%)

General clothing27.428.128.5+1.4
sportswear39.240.141.3+3.0
luxury brands212218222+1.8
Uniforms/Industrial34.534.935.3+1.1

A gradual increase in unit price due to rising costs of raw materials (fabric, buttons, zippers, etc.) and labor.

Ⅶ. Seasonal patterns

branch

characteristic

Volatility (0–1)

Q1New product preparations, surge in imports0.62
Q2Focus on summer fashion lines0.74
Q3Off-season, OEM delivery adjustment0.48
Q4Increased income during the winter and holiday seasons0.70
Ⅷ. Tariff and Non-Tariff Barriers and Alternative Industries

item

detail

tariffMany FTA agreements are tariff-free (Vietnam, Indonesia, etc.)
Non-tariffStrengthening certification of origin and environmental, labor, and governance (ESG) standards
Domestic alternativeGrowth of domestic OEM and small-scale production brands
assignmentExpanding eco-friendly materials (recycled polyester and organic cotton) and ensuring supply chain traceability.
Ⅸ. ESG·Net Zero Correlation

characteristic

evaluation

analysis

Carbon emissions impactmiddleConcentrated energy use in sewing and dyeing processes
ESG RiskawardHuman rights and labor issues in some producing countries
Net Zero ContributionmiddlePositive outlook for expanded recycled materials
circular economymiddlePossibility of linking with the expansion of the used and resale market
Ⅹ. Country-specific risk indices

importing country

Policy (0–1)

Logistics (0–1)

Trust Index

vietnam0.270.290.80
china0.360.330.69
Indonesia0.300.310.77
Bangladesh0.330.370.71
India0.290.310.76
Cambodia0.350.340.72
Italy0.220.250.84

Average Trust Index ≈ 0.76 (good) High stability in Vietnam and Indonesia
compared to risks in China and Bangladesh .

Ⅺ. Key Buyers and Industry Links

industry

Major companies

Imported items

characteristic

Fashion retailLF · Shinsegae International · Musinsafinished clothingOEM dependence
Sports & OutdoorsFila · K2 · Black Yakfunctional clothingFocused on Indonesian and Vietnamese products
SPA brandUniqlo Korea · Zara KoreaBulk OEM productsLow price/large quantity
Luxury goods distributionLotte and Hyundai Department StoresImport of finished productsProportion of direct imports from the EU
For public and corporate useKolon Mobility · Hyosung TNCUniforms and industrial clothingstable income
Ⅻ. AI Trade Index & 3-Month Forecast

characteristic

Currently (2025 Q3)

Compared to the previous quarter (Δ%)

analysis

ΔImport+6.3%▲1.1Consumption recovery and increased OEM deliveries
ΔPrice+2.0%▲0.5Impact of rising labor costs
ΔCountryShare+0.4%▲0.2Increasing the share of Vietnam and India
Trust Index0.76=Supply chain stability
Forecast (3M)+6.8%Expected increase in income during winter and holiday seasons

Summary: HS62 imports are showing solid growth (positive) .
The Southeast Asian OEM structure is solidifying and shifting towards ESG compliance is occurring simultaneously.

ⅩⅢ. Policy Recommendations and System Improvement Roadmap

division

Suggestion

Expected effect

1Introduction of an ESG garment factory certification system and cooperative fundSecuring trust in global brand supply
2Supporting the digital production transition of domestic small and medium-sized OEMsExpanding the reshoring base
3Building a country-of-origin data tracking platformEnsuring supply chain transparency
4Tariff incentives for recycled material clothingPromoting sustainable fashion
5AI-based consumer demand prediction systemMinimize inventory risk
ⅩⅣ. General Conclusion

HS 62 (Articles of Apparel, Not Knit or Crocheted) Imports Trade Index – 2025 Q3
ΔImport +6.3% , ΔPrice +2.0% , Trust 0.76 , Forecast (3M) +6.8%
→ Import growth continues, with a focus on OEMs from Vietnam and Indonesia .
ESG response and a shift to eco-friendly materials are key to future competitiveness.