Apparel Online Bangladesh Magazine November Issue 2018 | Page 56

TRADE STATISTICS
Alarm bells for exporting countries as China snatches its share in US
apparel market
January to August 2018
Despite the ongoing trade war between China and USA, there seems to have been no impact on Chinese apparel
shipment to USA. China’s share in overall apparel import value increased to 31.68% in Jan. to Aug. ’18 period from
30.74% in Jan. to Jul. ’18 period. Vietnam, Bangladesh and India, on the other hand, felt the impact as they lost share
from 15.03%, 6.95% and 5.24% in Jan. to Jul ’18 to 14.90%, 6.72% and 5.02% in Jan. to Aug. ’18 respectively. The data
contradicts the report ‘Trade Wars, Brexit, and Global Supply Chains’ recently released by Asia Inspection, Hong Kong,
which says US apparel buyers are shifting to countries other than China.
Global Apparel Imports by the US:
January to August 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
1.33 %
7.80%
Change in Value
2.50 %
Change in UVR
1 %
T-SHIRTS LEGWEAR TROUSERS
Volume
(2.37%) Volume
(7.02%) Volume
(1.83%)
Value
(3.48%) Value
(2.65%) Value
(4.10%)
Volume rises
UVR change in apparel imported by
USA (3-year comparison)
Fact: India stands at 8th rank in cotton
trouser exports to USA despite being a
cotton traditional country.
(Average UVR in the review period
was US $ 2.98 as against US $ 2.95 in
the same period last year) Jan.-Aug. 2018
US $ 2.95
Change in Quantity Jan.-Aug. 2017
US $ 2.98
Cotton
0.39 %
MMF
2.09 %
0.56 %
0.84 %
Change in Value
Cotton
3.61 %
MMF
1.42 %
Jan.-Aug. 2016
US $ 3.02
Wool
Silk & Veg
Wool
Month-wise USA apparel import trend
Jan-18
7.05
5.64
Mar-18
5.93
Apr-18
6.29
May-18 Silk & Veg Jul-18 8.13
Aug-18 8.34
[The information has been extracted
from US custom site and further analysed.]
Value-wise share to USA by top 5
apparel exporters (Jan.-Aug. 2018)
31.68%
6.54
Feb-18
4.86 %
2.47 %
5.13%
Value rises
14.90%
6.60
Jun-18
0
1
2
3
4
5
6
[Value in US billion $]
56 Apparel Online Bangladesh | November 2018 | www.apparelresources.com
7
8
9
6.72%
5.57%
5.02%
10
China
Vietnam
Bangladesh
Indonesia
India