Apparel Online Bangladesh Magazine Magazine May 2018 | Page 54

TRADE STATISTICS
US apparel imports grow; Vietnam emerges top beneficiary
January to February 2018
The United States has posted growth in its apparel imports (both in volume and value) during the first 2 months
of 2018. The low UVR has helped the country to beat its previous year’s performance when it spent more dollars
on clothing import than 2018. Of all major apparel exporting destinations, Vietnam secured its second rank after
China and its growth during the review period is the best percentage-wise growth among the top 5 apparel
exporters to the US.
Global Apparel Imports by the US:
January to February 2018
Top 3 product categories imported by
USA
Bangladesh’ top product category
export (Trouser) to USA
Change in Quantity
3.30%
4.36 %
T-SHIRTS LEGWEAR TROUSERS
Change in Value Volume
(3.89%) Volume
(13.22%) Volume
(2.77%)
3.70 % Value
(6.11%) Value
(1.26%) Value
(2.76%)
Change in UVR
0.68 %
UVR change in apparel imported by
USA (3-year comparison)
(Average UVR in the review period
was US $ 2.89 as against US $ 2.91 in
the same period last year) Jan.-Feb. 2018
US $ 2.89
Change in Quantity Jan.-Feb. 2017
US $ 2.91
Cotton
4.40 %
MMF
4.63 %
Volume rises
Fact: In 1931, the Garment District
(USA) had the highest concentration of
garment manufacturers in the world.
Jan.-Feb. 2016
US $ 3.01
Wool
8.48 %
Silk & Veg
1.66%
Value rises
Month-wise USA apparel import trend
7.71 %
Value-wise share to USA by Top 5
apparel exporters (Jan.-Feb. 2018)
32.51%
Change in Value
Cotton
5.13 %
MMF
2.62 %
Wool
9.21 %
Silk & Veg
9.47 %
[The information has been extracted
from US custom site and further analyzed.]
15.26%
7.05
January 2018
6.54
6.90%
February 2018
5.96%
5.12%
[Value in US billion $]
54 Apparel Online Bangladesh | MAY 2018 | www.apparelresources.com
China
Vietnam
Bangladesh
Indonesia
India