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Indonesia’s apparel market share in South Korea declines despite FTA

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The FTA between South Korea and Indonesia, effective from January 1, 2023, has not significantly impacted South Korea’s apparel imports from Indonesia.
Indonesia’s share of South Korea’s apparel imports slightly decreased to 4.68 per cent in January-October 2023 from 4.75 per cent in 2022.
South Korea’s total apparel imports were $10.259 billion.The FTA between South Korea and Indonesia, effective from January 1, 2023, has not significantly impacted South Korea’s apparel imports from Indonesia.
Indonesia’s share of South Korea’s apparel imports slightly decreased to 4.68 per cent in January-October 2023 from 4.75 per cent in 2022.
South Korea’s total apparel imports were $10.259 billion.