As reported by Apparel Resources recently, the apparel import value of USA declined by 8.70 per cent in February ’21 on Y-o-Y basis to US $ 5.39 billion. On the other hand, the import upped in volume terms by 3.20 per cent to 2,069.78 million SME of garments in the 2nd month of 2021. The apparel export destinations such as Pakistan, China, Bangladesh, Egypt, etc. noted growth in volume-wise apparel shipment to USA, while China and Pakistan upped their shipment invalue-terms as well. Notably, no other country than Pakistan and China in top 10 tally could manage to grow in apparel shipment to USA both in values and volumes. India, Vietnam and Indonesia declined in both value-wise and volume-wise apparel export to USA. See following tables for the complete details:
Y-o-Y % Change in Volume-wise Apparel Exports to USA from Top 10 Countries:
(Qty in million SME)
Countries | Feb ’20 | Feb. ’21 | % Change |
World | 2,005.79 | 2,069.78 | 3.20 |
China | 579.34 | 718.34 | 24 |
Vietnam | 334.98 | 333.39 | (-) 0.50 |
Bangladesh | 189.73 | 194.08 | 2.30 |
Cambodia | 94.96 | 89.90 | (-) 5.32 |
Indonesia | 94.66 | 74.88 | (-) 21 |
India | 111.25 | 94.82 | (-) 15 |
Honduras | 80.63 | 66.91 | (-) 17 |
Mexico | 64.37 | 62.66 | (-) 2.70 |
Pakistan | 49.66 | 62.10 | 25 |
El Salvador | 56.24 | 48.13 | (-) 14 |
Y-o-Y % Change in Value-wise Apparel Exports to USA from Top 10 Countries:
(Values in US $ million)
Countries | Feb ’20 | Feb. ’21 | % Change |
World | 5,910.37 | 5,394.37 | (-) 8.70 |
China | 1,080.37 | 1,154.03 | 6.80 |
Vietnam | 1,064.44 | 1,021.96 | (-) 4 |
Bangladesh | 528.47 | 480.98 | (-) 9 |
Indonesia | 373.28 | 277.24 | (-) 26 |
India | 389.80 | 306.11 | (-) 21 |
Cambodia | 246.67 | 220.94 | (-) 10.43 |
Mexico | 235.30 | 203.56 | (-) 13 |
Honduras | 222.03 | 192.41 | (-) 13 |
Pakistan | 106.78 | 123.10 | 15.30 |
El Salvador | 153.26 | 133.96 | (-) 13 |