Data from TexPro shows, global trade of the worn clothing and other worn articles has declined by 6.92 per cent from 2017 to 2019. The global trade of worn clothing and other worn articles was worth $7,656.65 million in 2017, which dropped to $7,126.98 million in 2019. Total trade of worn clothing and other worn articles has reduced by 12.34 per cent in 2019 over the previous year and is anticipated to slash to $6,415.79 million in 2022 with a rate of 9.98 per cent from 2019.

The global export of worn clothing and other worn articles was $4,853.56 million in 2017, which declined by 7.10 per cent to $4,508.77 million in 2019. Total exports diminished by 10.07 per cent in 2019 over the previous year and is expected to curtail to $3,989.07 million in 2022 with a rate of 11.53 per cent from 2019.

The global import value of worn clothing and other worn articles was $2,803.10 million in 2017, which decreased 6.60 per cent to $2,618.22 million in 2019. Total imports cut by 15.99 per cent in 2019 over the previous year and is expected to weaken to $2,426.72 million in 2022 with a rate of 7.31 per cent from 2019.