EXPORT STATISTICS
In February, US drastically goes down in its apparel imports
January-February 2017
After witnessing a solid start in January 2017, US apparel imports have drastically fallen in February, from that a year earlier, with
shipments being depressed in the first two months of the year, collectively. The new year holidays have ended in January this year,
possibly affecting the level of February shipments. In value terms, shipments to the US market in February have even plunged by 13.58%
after unit prices have declined by 2%. It is the lowest drop in unit values since May last year, meaning that US buyers find it difficult to
get lower prices these days. The rise of labour costs in Asia and the lack of productivity gains explain the weaker unit prices. However,
President Trump’s aversion from imports might worse the situation for the country’s apparel imports in upcoming months.
Global Apparel Imports by the US:
Jan.-Feb. 2017
Total Decrease in Quantity
1
Foundation garments export from
Vietnam to US surges
During the review period, Vietnam noted surge in its export of
foundation garments to US. Value terms rose by 216.36%, while the
volumes were up by 114.83% on Y-o-Y basis.
1.02 %
Total Decrease in Value
4.46 %
Percentage Decrease in UVR
2
Babieswear exports from India to US
continue to fall
Babieswear exports from India saw downturn both in value and volume.
Values plunged by (-) 2.50% while volumes decreased by (-) 10.05% during
the period under review.
3.43 %
(Average UVR in review period was
US $ 2.91 as against US $ 3.01 in
the same period last year)
Total global apparel imports by the US - Jan.-Feb. 2017
Jan.-Feb. 2016
(Qty in SME & Value in US mn $)
Jan.-Feb. 2017
% Change
Type of Apparel
Change in Value
Cotton
6.83 %
MMF
1.05 %
Wool
7.88 %
Silk & Veg
16.56 %
Change in Quantity
Qty Value Qty Value Qty Value
2040.094 6756.80 1930.965 6295.114 -5.35 -6.83
Wool 17.54 320.38 16.349 295.128 -6.79 -7.88
MMF 2418.81 6280.85 2488.787 6214.714 2.89 -1.05
76.232 357.58 70.002 298.37 -8.17 -16.56
4552.68 13715.60 4506.10 13103.33 -1.02 -4.46
Cotton
Silk & Veg
Total
Total apparel exports to the US by 6 major manufacturing destinations - Jan.-Feb. 2017
(Qty in SME & Value in US mn $)
Jan.-Feb. 2016
Cotton
5.35 %
MMF
2.89 %
Wool
6.79 %
Silk & Veg
8.17 %
[The information has been extracted
from US custom site and further analyzed.]
Jan.-Feb. 2017
% Change
Countries
Qty Value Qty Value Qty Value
India 191.23 699.14 190.536 663.589 -0.36 -5.08
Bangladesh 345.90 982.70 343.705 927.129 -0.63 -5.66
1886.691 4787.22 1853.036 4375.928 -1.78 -8.59
Pakistan 90.07 205.76 88.575 208.309 -1.65 1.24
Sri Lanka 82.72 347.42 81.333 342.77 -1.67 -1.34
Vietnam 587.99 1878.90 627.003 1955.062 6.63 4.05
China
56 Apparel Online Bangladesh | MAY 2017 | www.apparelresources.com