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

TRADE STATISTICS

January to March 2018

The USA has slightly improved in its apparel imports during the first quarter of 2018. Unit prices neither decreased nor increased which helped USA keep the balance between the imported apparels and the dollars spent on it. Of all major exporting destinations, China and Vietnam were positive in their respective apparel exports to the USA though China lost share by 2.40 % in the US market. India, Bangladesh and Indonesia plunged significantly both in values and volumes.

Global Apparel Imports by the US: January to March 2018

Change in Quantity

1.71 %

Percentage change in top 3 product categories imported by USA

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

2.66 %

Change in Value

1.63 %

T-SHIRTS

Volume( 0.48 %)

Value( 2.68 %)

LEGWEAR TROUSERS 4.02 %

Value falls Volume( 10.38 %)

Value( 2.69 %)

Volume( 0.66 %)

Value( 1.61 %)

Volume falls

Change in UVR

0 %

( Average UVR in the review period was US $ 2.94 as against US $ 2.94 in the same period last year)

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

Jan.-Mar. 2018 US $ 2.94

Fact: Only about 3 % of USA’ s apparel consumption is domestically sourced.

Change in Quantity

Jan.-Mar. 2017 US $ 2.94

Cotton

Wool

0.07 % 6.93 %

Jan.-Mar. 2016 US $ 3.04

MMF

3.28 %

Silk & Veg

3.69 %

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

Jan-18 7.05

30.17 %

Change in Value

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

[ Value in US billion $]

China Vietnam Bangladesh Indonesia India

52 Apparel Online India | MAY 16-31, 2018 | www. apparelresources. com