Apparel Online India Magazine April 2nd Issue 2018 | Page 52

TRADE STATISTICS

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

India’ s top product category export( T-shirts) to USA

Change in Quantity

4.36 %

3.20 %

Change in Value

3.70 %

T-SHIRTS

Volume( 3.89 %)

Value( 6.11 %)

LEGWEAR TROUSERS 3.28 %

Value rises Volume( 13.22 %)

Value( 1.26 %)

Volume( 2.77 %)

Value( 2.76 %)

Volume rises

Change in UVR

0.68 %

( Average UVR in the review period was US $ 2.89 as against US $ 2.91 in the same period last year)

UVR change in apparel imported by USA( 3-year comparison)

Jan.-Feb. 2018 US $ 2.89

Fact: In 1931, the Garment District had the highest concentration of garment manufacturers in the world.

Change in Quantity

Jan.-Feb. 2017 US $ 2.91

Cotton

Wool

4.40 % 8.48 %

Jan.-Feb. 2016 US $ 3.01

MMF

4.63 %

Silk & Veg

7.71 %

Month-wise USA apparel import trend Value-wise share to USA by Top 5 apparel exporters( Jan.-Feb. 2018)

32.51 %

Change in Value

[ The information has been extracted from US custom site and further analyzed.]

[ Value in US billion $]

China Vietnam Bangladesh Indonesia India

52 Apparel Online India | APRIL 16-30, 2018 | www. apparelresources. com