Sports goods trade sees threefold growth over past 30 years

Sports goods trade has seen a massive boost in recent years, with increased spending by a variety of consumers, ranging from fitness fanatics to aspiring Olympic athletes. Since 1996, trade in sports goods has tripled, with annual imports reaching nearly US$ 64 billion in 2022. Over this period, China has emerged as the leading exporter, while the European Union and the United States have become major importers.