Apparel Online Bangladesh Magazine April Issue 2019 | Page 72

TRADE STATISTICS
AO projection on US apparel imports bang on! Negligible disparity
in terms of value & volume
January to December 2018
The latest USA apparel import data released by OTEXA is on the mark with almost no disparity in the figures from what Apparel Online
magazine predicted two months back in its ‘Retrospect’ issue of January 2019. According to our projections, USA was projected to grow by
3.32 per cent on Y-o-Y basis in values to import worth US $ 82,919.33 million apparels, while volumes were predicted to get a boost of 2.72 per
cent to touch 27,842.66 million SME figure during January to December 2018 period. Proving AO’s projection right, the latest data says USA
imported US $ 82,880.76 million worth of apparels marking 3.38 per cent growth, while volumes witnessed 2.80 per cent surge to 27,841.58
million SME; which is just 0.04 per cent deviation in values and 0.0038 per cent deviation in volumes from what AO forecasted in January
issue.
Global Apparel Imports by the US:
January to December 2018
Percentage Change in Bangladesh’s
top product category export (Trousers)
to USA
Percentage change in top 3 product
categories imported by USA
Change in Quantity
2.80 %
8.60%
Change in Value
3.38 %
Change in UVR
0.67 %
T-SHIRTS LEGWEAR TROUSERS
Volume
(3.51%) Volume
(10.00%) Volume
(1.69%)
Value
(3.93%) Value
(4.86%) Value
(4.43%)
Volume rises
UVR change in apparel imported by
USA (3-year comparison)
Fact: Two in five retailers and
brands are already using intelligent
automation, and adoption is expected
to double by 2021.
(Average UVR in the review period
was US $ 2.98 as against US $ 2.96 in
the same period last year) Jan.-Dec. 2018
US $ 2.98
Change in Quantity Jan.-Dec. 2017
US $ 2.96
Cotton
0.87 %
MMF
4.26 %
Jan.-Dec. 2016
US $ 3.02
Wool
0.66 %
Silk & Veg
4.49 %
Month-wise USA apparel import trend
7.05
Jan-18
5.64
Mar-18
5.93
Apr-18
6.29
May-18
Cotton
3.98 %
MMF
2.66 %
Wool
6.64 %
Silk & Veg
0.60 %
[The information has been extracted
from US custom site and further analysed.]
Value-wise share to USA by Top 5
apparel exporters (Jan.-Dec. 2018)
33.02%
6.54
Feb-18
Change in Value
2.12%
Value rises
6.60
Jun-18
Jul-18 8.13
Aug-18 8.34
14.74%
7.96
Sep-18
8.54
Oct-18
6.51%
6.12
Nov-18
5.77
Dec-18
0
1
2
3
4
5
6
[Value in US billion $]
72 Apparel Online Bangladesh | APRIL 2019 | www.apparelresources.com
7
8
9
5.40%
4.59%
10
China
Vietnam
Bangladesh
Indonesia
India