Apparel Online Bangladesh Magazine June Issue 2018 | Page 58

TRADE STATISTICS
US apparel import goes up in Q1 ’18; India falls significantly
January to March 2018
The USA has slightly improved in its apparel imports during the first quarter of 2018. Unit prices neither decreased
nor increased which helped USA keep the balance between the imported apparels and the dollars spent on it.
Of all major exporting destinations, China and Vietnam were positive in their respective apparel exports to the
USA though China lost share by 2.40% in the US market. India, Bangladesh and Indonesia plunged significantly
both in values and volumes.
Global Apparel Imports by the US:
Jan. to Mar. 2018
Percentage change in top 3 product
categories imported by USA
Percentage change in Bangladesh’s
top product category export (Trousers)
to USA
Change in Quantity
1.76%
1.71 %
T-SHIRTS LEGWEAR TROUSERS
Change in Value Volume
(0.48%) Volume
(10.38%) Volume
(0.66%)
1.63 % Value
(2.68%) Value
(2.69%) Value
(1.61%)
Change in UVR
0 %
Jan.-Mar. 2018
US $ 2.94
Change in Quantity Jan.-Mar. 2017
US $ 2.94
Cotton
0.07 %
MMF
3.28 %
Fact: Only
about 3% of
USA’s apparel
consumption
is domestically
sourced.
Jan.-Mar. 2016
US $ 3.04
Wool
6.93 %
Silk & Veg
Volume falls
UVR change in apparel imported by
USA (3-year comparison)
(Average UVR in the review period
was US $ 2.94 as against US $ 2.94 in
the same period last year)
1.49%
Value rises
Month-wise USA apparel import trend
3.69 %
Jan-18 7.05
Feb-18 6.54
Value-wise share to USA by Top 5
apparel exporters (Jan.-Mar. 2018)
30.17%
Change in Value
Cotton
2.05 %
MMF
1.36 %
Wool
7.42 %
Silk & Veg
6.93 %
[The information has been extracted
from US custom site and further analysed.]
14.86%
7.05%
5.64
Mar-18
0
1
2
3
4
5
6
[Value in US billion $]
58 Apparel Online Bangladesh | JUNE 2018 | www.apparelresources.com
7
8
9
5.98%
5.38%
10
China
Vietnam
Bangladesh
Indonesia
India