Market DataImport/Export

China Continues to Lose Ground in U.S. Apparel Market

Total U.S. apparel imports fell by almost 2% to $6.2 billion in February compared to the same month last year, according to data released last week by the US Department of Commerce’s Office of Textiles and Apparel (OTEXA), bringing the year-to-date dollar volume to $13 billion, a 3.3% increase over the first two months of 2013. Total unit volume, measured on a square meter equivalent basis, increased 3.4%, driving up the average cost per SME down by 1.1%.

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