Apparel Online Bangladesh Magazine Magazine March 2018 | Page 56

TRADE STATISTICS
US apparel import jumps 0.79% in 2017; meets AO projection
January to December 2017
Office of Textiles and Apparel (OTEXA) puts a ‘stamp’ on Apparel Online’s projection as the US witnessed surge of 0.79% in the
latest released apparel import data. AO earlier predicted that the US would see an approximate 0.88 per cent surge in its apparel
imports during 2017. Furthermore, in our prophecy, we earlier said that ‘only two countries – India and Vietnam – would gain
in apparel value terms amongst top 5 exporting destinations to the US’ and that remained true. China and Bangladesh noted
decline in their export value to the US and met our forecast with almost ZERO deviation in the actual annual data.
Global Apparel Imports by the
US: Jan.-Dec. '17
Top 3 Product categories imported by
USA
Bangladesh’s top product category
export (Trousers) to USA
Change in Quantity
0.61%
0.79 %
T-SHIRTS LEGWEAR TROUSERS
Change in Value Volume
(-1.39%) Volume
(6.97%) Volume
(3.96%)
0.49 % Value
(1.30%) Value
(3.46%) Value
(0.72%)
Change in UVR
1.33 %
Jan.-Dec. ’17
US $ 2.96
Change in Quantity Jan.-Dec. ’16
US $ 3.00
Cotton
2.58 %
MMF
3.68 %
12.43 %
0.23 %
Jan-17
2.06 %
MMF
2.27 %
Wool
10.84 %
6.98
Mar-17
9.48 %
[The information has been extracted
from US custom site and further analyzed.]
33.66%
5.82
Apr-17
5.63
6.11
Jun-17
6.57
Jul-17
7.73
Aug-17
8.23
Sep-17
Silk & Veg
Value-wise share to USA by Top 5
apparel exporters (Jan.-Dec. ’17)
6.12
May-17
Cotton
TPP
Month-wise US apparel import trend
Feb-17
Change in Value
Fact: TPP will be revised from
March 8, 2018
Jan.-Dec. ’15
US $ 3.09
Wool
Silk & Veg
Volume rises
UVR change in apparel imported by
USA (3-year comparison)
(Average UVR in the review period
was US $ 2.96 as against US $ 3.00 in
the same period last year)
4.33%
Value falls
14.40%
7.55
Oct-17
7.66
Nov-17
6.31%
6.33
Dec-17
5.57
0
1
2
3
4
5
6
(Value in US $ billion)
56 Apparel Online Bangladesh | MARCH 2018 | www.apparelresources.com
7
8
9
5.69%
4.58%
10
China
Vietnam
Bangladesh
Indonesia
India