US Apparel Import Growth Slows in September

U.S. apparel imports increased in September compared to the same month in 2014, but not to the heady levels of August, when more than $10 billion worth of imported apparel clogged U.S. stores and warehouses, causing retailers to slow down shipments where possible after a less than stellar Back-To-School season.

According to the latest Commerce Department data, total apparel imports rose by 1.8% in September, a much smaller increase than August’s almost 9 percent increase, to $9.3 billion on a CIF basis.

The apparel import increase contrasted sharply with total U.S. imports in the month, which fell by 5.7% to $193 billion despite the purchasing power of the stronger U.S. dollar.

Appimp

On a 12-month smoothed basis, which corrects for volatility of data in a particular month, apparel import growth was 5.2% in September, its second biggest monthly jump in almost four years.

Appimpgrth

Apparel exports outperformed the total export market as well, falling by 4.2% compared to last September, to $515 million, while total U.S. exports of goods and services dropped by 5.9%. On a 12-month smoothed basis, apparel exports increased by almost 1 percent, their smallest monthly increase in five and a half years.

Appexp

ApparelImportTable


Recent News

Retailers up Their Experiential Cred With Events, Beauty & Selfies

As doors close across the country, retailers like Apple and Forever 21 are looking for new ways to draw consumers in—and often these efforts go far beyond the products on the shelves.

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

Sourcing Scoop: Former Brooks Brothers Managing Director on Pricing, Protectionism and Profits

The list of ills pressuring the sourcing sector isn’t a short one, but according to one industry expert, it’s pricing that rises above all.

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