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

US apparel import goes up in Q1 ’ 18 ; India falls significantly
TRADE STATISTICS

US apparel import goes up in Q1 ’ 18 ; India falls significantly

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
Cotton
Wool
Feb-18
6.54
2.05 %
7.42 %
14.86 %
MMF
Silk & Veg
Mar-18
5.64
7.05 %
5.98 %
1.36 %
6.93 %
0 1 2 3 4 5 6 7 8 9 10
5.38 %
[ 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