Monthly YoY growth of export value of textiles like face masks South Korea 2019-2020
Due to the novel coronavirus (COVID-19) outbreak in the beginning of 2020, exports of face masks grew rapidly. The year-over-year export growth rate of miscellaneous textile products going by the HS Code 6307909000, which includes face masks, amounted to 2156.2.9 percent in February 2020. The export value of those products in February 2020 alone amounted to approximately 154.5 million U.S. dollars. Due to the high demand of such masks in South Korea, the government urged producers to maximize mask productions, illegalized mask hoarding, and banned exports in the beginning of March.
