The import of woven apparel and clothing accessories (HS code 62) by the United States were valued at $10.464 billion during the first quarter of current year 2022. After declining in second quarter (April-June) of 2021, import of woven apparel by the US has shown an upward trend during the subsequent three quarters, with China being the largest supplier.
Woven apparel import by the US was $9.069 billion in October-December 2021, compared to $8.987 billion in July-September 2021. The import had decreased to $7.546 billion in April-June 2021 from $7.684 billion in January-March 2021. The US had imported woven apparel worth $7.066 billion in October-December 2020, according to Fibre2Fashion’s market insight tool TexPro.
Despite the ban on products made from cotton originated from Xinjiang province, the share of China in total woven apparel imports by the US has registered growth during the last two quarters. The US import of woven apparel from China increased to $2.311 billion in January-March 2022 from $2.226 billion in October-December 2021. The figure was $2.468 billion in July-September 2021. China’s export to the US was $1.723 billion in April-June 2021, $1.914 billion in January-March 2021 and $1.978 billion in October-December 2020, as per TexPro.
The value of woven apparel imports from India to the US jumped to $806.144 million in January-March 2022 from $525.196 million in October-December 2021, and $462.565 million in July-September 2021. In April-June 2021 quarter, the value was $539.689 million. India had exported woven apparel worth $489.195 million in the first quarter of 2021 to the US, and $353.406 million in fourth quarter of 2020.
In the first quarter of current year (January-March 2022), the US imported woven apparel worth $1.797 billion from Vietnam, $1.529 billion from Bangladesh, $671.325 million from Indonesia, $499.560 million from Mexico, $321.405 million from Cambodia, and $311.862 million from Pakistan.
Fibre2Fashion News Desk (KUL)
