27 December 2022, Mumbai
U.S.A imported USD 8.47 billion worth of apparel from Bangladesh during this period, while their import from the world was US$ 87.09 billion.
China, being the top apparel import source for U.S.A and having 22.19% share, achieved 20.76% year-over-year growth. USA’s imports from China reached USD 19.32 billion during this period.
Vietnam is the 2nd largest apparel import source for U.S.A. During the first ten months of 2022, U.S.A’s import from Vietnam was USD16.05 billion with 32.01% year-over-year. Additionally, USA’s import from Indonesia and India grew by 47.57% and 45.04% respectively during the mentioned period.
With 9.72% share of USA’s total apparel import, Bangladesh remains the 3rd largest apparel source for U.S.A. The import of apparel by USA from Bangladesh increased by 48.57% compared to the same period of 2021 while their global apparel import grew by 30.16%.
Other countries among the top ten suppliers having significant growth are Cambodia 36.90%, Pakistan 35.01%, South Korea 32.70%, Honduras 21.87% and Mexico 14.32%.
CREDITS: (trade data released by the U.S. trade agency Office of Textiles and Apparel (OTEXA)’ for the period of January-October 2022)
