Apparel Online Bangladesh Magazine September Issue 2018 | Page 48

TRADE STATISTICS
US apparel imports up by 2.19% in H1 ’18
January to June 2018
The first half of 2018 remained quite stagnant for the US apparel imports as volume could not see drastic positive change and
continued gradually rising all through the period. The main reason behind the ‘not so impressive’ growth of apparels was that
unit prices did not drop in exporting countries confronted with rising material costs, especially cotton. Unit prices of cotton-
made apparels were US $ 3.28 per SME as against US $ 3.19 per SME in the same period of the prior year.
However, the rising import value of cotton-made apparels coincided with cheaper man-made fibre apparel imports. MMF
apparels witnessed a drop of 0.80% in their unit prices which helped USA rebound as far as value-wise apparel import is
concerned.
Global Apparel Imports by the US:
January to June 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
1.22 %
8.47%
T-SHIRTS LEGWEAR TROUSERS
Change in Value Volume
(1.58%) Volume
(4.50%) Volume
(1.45%)
2.19 % Value
(3.26%) Value
(-0.06%) Value
(3.61%)
Change in UVR
1.03 %
Jan.-Jun. 2018
US $ 2.94
Change in Quantity Jan.-Jun. 2017
US $ 2.91
Cotton
0.62 %
MMF
1.75 %
0.44 %
0.17 %
Change in Value
Cotton
3.43 %
Wool
6.15 %
Month-wise USA apparel import trend
Jan-18
7.05
Feb-18
0.96 %
Silk & Veg
3.52 %
[The information has been extracted
from US custom site and further analysed.]
Value-wise share to USA by Top 5
apparel exporters (Jan.-Jun. 2018)
29.63%
6.54
Mar-18
5.64
Apr-18
15.04%
5.93
May-18
MMF
FORECAST: Trump’s trade war with
China is expected to shift US import
orders from China to Vietnam
Jan.-Jun. 2016
US $ 3.01
Wool
Silk & Veg
Volume rises
UVR change in apparel imported by
USA (3-year comparison)
(Average UVR in the review period
was US $ 2.94 as against US $ 2.91 in
the same period last year)
4.80%
Value rises
6.29
Jun-18
7.10%
6.60
0
1
2
3
4
5
6
[Value in US billion $]
48 Apparel Online Bangladesh | September 2018 | www.apparelresources.com
7
8
9
5.90%
5.45%
10
China
Vietnam
Bangladesh
Indonesia
India