US apparel imports from China fall furthest in September
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The volume of US apparel imports fell for a second consecutive month in September as additional tariffs on clothing imports from China kicked in and the back-to-school season came to an end. Growth in shipment volumes from Cambodia surged during the month, while China booked the largest decline – a milestone that adds to the suggestion that US buyers are continuing to explore alternative sourcing options amid the ongoing trade war with the US.
The latest figures from the Department of Commerce's Office of Textiles and Apparel (OTEXA) show the volume of US apparel imports from all sources fell 6.8% month-on-month in September to 2.59bn square metre equivalents (SME). The figures also show a 4.34% decline in volume against the same month last year and a 2.1% drop in value terms year-on-year to US$7.77bn.
In terms of individual supplier countries, just four of the top-ten recorded a year-on-year increase in shipment volumes in September, with Cambodia booking the highest growth at 25.59%.
China – the largest supplier of apparel to the US – saw the largest decline in shipments at 13.16% year-on-year to 1.17bn SME, with imports from the country down 13.3% month-on-month from the 1.35bn SME recorded in August.
Of the remaining countries, Pakistan booked the second-highest growth with a 16.09% surge to 50m SME. Indonesia recorded the only other rise with shipments up 3.18% to 94 SME.
Mexico, meanwhile, reported the second-highest decline at 8.53% to 59m SME. El Salvador, India and Honduras all also reported declines at 4.96%, 0.65%, and 0.62% respectively.
Combined textile and apparel imports, meanwhile, grew 1.06% year-on-year to 6.27bn SME, but fell 1.8% in value terms to $10.07bn. Textiles alone, meanwhile, recorded growth of 5.23% to 3.68bn SME, but a 1.1% drop in value terms to $2.3bn.
Source: https://www.just-style.com
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