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Textiles Intelligence
Global apparel trade and trade policy: the US clothing import market, July 2021
This report provides vital data and analysis of trends in the US clothing import market.
30th July 2021
Knitting Industry
|
United Kingdom
Report summary
Also, it focuses in detail on clothing imports into the USA from ten key supplying countries, namely Bangladesh, Cambodia, China, Honduras, India, Indonesia, Jordan, Mexico, Sri Lanka and Vietnam.
In 2020 US clothing imports fell in value and volume terms to their lowest levels since 2009. The average price of US clothing imports, meanwhile, fell by 8.5% to a record low. China remained the USAs largest clothing supplier in 2020 but US clothing imports from China were down in value and volume terms compared with 2019. There were also falls in 2020 in the shares of US clothing imports which came from Honduras, India, Indonesia and Mexico as US clothing imports from these three countries declined sharply.
Furthermore, there were declines in US clothing imports from Bangladesh, Jordan, Sri Lanka and Vietnam but these declines were more modest and, as a result, the shares of US clothing imports which came from these four countries rose. Additionally, there was a rise in the share of US clothing imports which came from Cambodia.
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'Global apparel trade and trade policy: the US clothing import market, July 2021'
39 pages, published in July 2021
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