07 April 2022, Mumbai:
According to the most recent official statistics given by OTEXA and further analyzed by Clothes Resources, the United States imported $7.48 billion in apparel in February of this year, up 38.70 percent year over year.
The US garment market continues to recover, as seen by apparel import data that have already surpassed pre-pandemic levels. In the period Jan.-Feb. '22, the US clothing imports were US $ 15.02 billion, compared to the US $ 14.22 billion in the same period of 2019.
In the second month of 2022, China, Vietnam, Bangladesh, India, and Indonesia remained the top five garment shippers in the United States.
_large.jpeg)
ALSO READ Imports of underwear in the US risen in Jan'22
In February of this year, US garment imports from China totaled the US $ 1.68 billion, up 46.10 percent year over year, while apparel exports from Vietnam were the US $ 1.37 billion, up 33.70 percent year over year.
China's and Vietnam's development may take a brief hold from March onwards, since both nations had a rise in COVID-19 cases in March, causing uncertainty in company activity and some closures.
Meanwhile, Bangladesh remained unstoppable, with US imports from the nation reaching the US $ 688.47 million in February of this year, up 43.20 percent year on year.
RELATED NEWS Piyush Goyal: India hits historic $400bn merchandise exports
India and Indonesia are engaged in a fascinating export war, with India having the upper hand.
In February of this year, the United States imported the US $ 434.68 million in apparel from India, up 42 percent on a year-over-year basis, while shipments from Indonesia totaled US $ 427.29 million, up 54.20 percent from February of the previous year.
Join our community on Linkedin
CREDITS: Apparel Resources.
