Apparel Online Bangladesh Magazine August Issue 2018 | Page 48

TRADE STATISTICS
US witnesses surge in clothing demand; exports from India sharply rise
January to May 2018
The USA marked a decent growth in the domestic clothing demand due to which volume-wise apparel imports
zoomed up during the first 5 months of 2018. China plunged both in volume and values of exports to the USA for
the first time in a while. On the other hand, India is catching up fast in value terms as the data shows India upped
its exports to the USA by 4.81% and it is projected that the country will surpass Indonesia to grab the 4th rank in
top exporting destinations tally by the end of this year.
Global Apparel Imports by the US:
January to May 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
1.55 %
6.25%
T-SHIRTS LEGWEAR TROUSERS
Change in Value Volume
(2.31%) Volume
(5.91%) Volume
(2.02%)
2.54 % Value
(4.17%) Value
(-0.02%) Value
(3.58%)
Change in UVR
1.03 %
Jan.-May 2018
US $ 2.94
Change in Quantity Jan.-May 2017
US $ 2.91
Cotton
1.09 %
MMF
2.02 %
2.94 %
2.32 %
Change in Value
Cotton
3.70 %
MMF
1.45 %
Wool
7.50 %
Silk & Veg
4.26 %
[The information has been extracted
from US custom site and further analysed.]
Forecast: US $ 90.3 billion revenue is
projected through e-commerce sales
in fashion segment in the US by 2020.
Jan.-May 2016
US $ 3.02
Wool
Silk & Veg
Volume rises
UVR change in apparel imported by
USA (3-year comparison)
(Average UVR in the review period
was US $ 2.94 as against US $ 2.91 in
the same period last year)
4.64%
Value rises
Month-wise USA apparel import trend
Jan-18
7.05
Feb-18
Value-wise share to USA by Top 5
apparel exporters (Jan.-May 2018)
28.85%
6.54
Mar-18
5.64
15.12%
Apr-18
5.93
7.06%
6.29
May-18
0
1
2
3
4
5
6
[Value in US billion $]
48 Apparel Online Bangladesh | August 2018 | www.apparelresources.com
7
8
9
6.06%
10
China
Vietnam
Bangladesh
Indonesia
5.67%
India