February Import Figures Show Continued Shift from China to Vietnam

clothing trademark

U.S. apparel imports fell sharply in the first two months of 2017, according to data released last week by OTEXA, the International Trade Administration’s Office of Textiles and Apparel. Total apparel imports declined by 4.5% on an MFA basis in the month, to $13.1 billion from $13.7 billion in the year-earlier period.

On a square meter equivalent (SME) basis, imports edged down by 1 percent, continuing the trend toward cheaper goods. The average cost per unit of an imported garment fell by 3.5%.

Vietnam, Nicaragua and Mexico were the only top trading partners to grow their apparel exports to the U.S. on a dollar basis. As a result, all three grew their share.

Despite the demise of TPP, Vietnam’s apparel shipments to the U.S. continue to increase. In the January to February period, it rose by 4 percent, to almost 15 percent of total U.S. apparel imports, a 1.2 percentage point gain.

China and Cambodia saw the biggest percentage declines in apparel exports to the U.S. China lost the most share of U.S. apparel imports in the period, down 1.5 percentage points to 33.4%. El Salvador also saw a significant drop in apparel shipments to the U.S.

Bangladesh, El Salvador and China lost the most share in the period.

Apparel imports from China increased by 4.6% in January to $2.5 billion.


Recent News

Textile Trends to Channel Non-Traditional Beauty for Autumn/Winter 2018-19

Fashion can’t escape what’s happening in the world whether it wants to or not, and for the Autumn/Winter 2018-19 season, textiles will look to balance all that’s been upended.

This content is for Annual, Monthly and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or register.
Log In Register
Read more

Bangladesh Moves to Ease Congestion at Chittagong Port After Two-Week Delays

The Chittagong Port Authority has taken steps to alleviate the congestion situation at Bangladesh’s top port, but no comprehensive plan is in the works to fix what has been a long-term logistical problem.

This content is for Annual, Monthly and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or register.
Log In Register
Read more

Egypt’s Cotton Industry Gets $1.72 Million Injection

Looking to boost cotton quality and exports, Egypt’s Ministry of Trade and Industry has signed a cooperation protocol with United Nations Industrial Development Organization (UNIDO) and the Italian Development Cooperation.

This content is for Annual, Monthly and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or register.
Log In Register
Read more