Export

Bangladesh Garment Exports To US Plunge 24.75% In Jan To Oct

Textile Insights December 15, 2023

In the first ten months of 2023, Bangladesh’s garment exports to the US totaled US $6.35 billion plunging by 24.75 percent year on year. In volume terms, apparel overseas shipments to the US between January and October dropped higher at 29.51 percent to 1.95 billion square metres from

Export

If US Imposes Sanctions, Garment Buyer Will Not Take Delivery

Textile Insights December 12, 2023

A US based fashion garment buyer has issued a letter of credit (LC) to a Bangladesh garment exporter, with the condition, that it will not pay the amount or take delivery, if US enforces sanctions on Bangladesh. As per Prothomolo, this development was confirmed by Faruque Hassan, President of the Bangladesh Garment Manufacturers and Exporters […]

Export

US Imports Of Cotton Garments Decline At Higher Rate In Q3

Textile Insights December 11, 2023

In the months between July and September 2023, there was a decline in US imports of garments. However the drop in imports of cotton was higher than in manmade fibre apparels. In the third quarter of ongoing year, US clothing imports fell 16.46 percent as against same quarter of earlier year. However, the decrease in […]

Export

USA Garment Imports Dip 22.81% In First Nine Months Of 2023

Textile Insights November 10, 2023

Worldwide US imports of clothing fell to US $60.82 billion in the first nine months of the current year, declining 22.81 percent, over the same months of earlier year. Quantity wise when measured in square meter equivalent (SME), garment imports fell by 25.16 percent to 18.86 billion SME in the period between January and September […]

Apparel, Fashion, Retail

US restricts imports from three more Chinese textile firms

Textile Insights October 2, 2023

In a bid to eliminate fashion goods made with forced Uyghur labour, the US has restricted imports from three more Chinese companies, bringing the total number of banned entities to 27. The names of Xinjiang Tianmian Foundation Textile, Xinjiang Tianshan Wool Textile and Xinjiang Zhongtai Group were added to the Uyghur Forced Labour Prevention Act […]

Export

Global US Apparel Imports Dive 22.28% In First Seven Months

Textile Insights September 13, 2023

Overall US clothing imports dived sharply by 22.28 percent to US $45.74 billion in the first seven months of the current year, as against $58.85 billion in the comparable period of the earlier year. Imports of garments from its largest source China totaled $9.12 billion between January and July 2023, compared to $12.80 billion in […]

Export

US Apparel Imports Plunge 23.17% In Six Months To June 2023

Textile Insights August 18, 2023

US garment imports plunged 23.17 percent in the six months to June 2023 to US $38.04 billion vis-a-vis $49.52 billion in the corresponding period of 2022, the Office of Textile and Apparels (OTEXA) said. Imports of apparels from China totaled $7.27 billion, a steep drop of 29.16 percent. Clothing imports from Vietnam reached $6.73 billion, […]

Apparel, Fashion, Retail

US Garment Brands Seek Early Renewal Of AGOA

Textile Insights August 5, 2023

Garment and fashion brands in the United States have appealed to renew the African Growth and Opportunity Act (AGOA) at the earliest. The program allows African countries to export a wide range of products to the US without incurring any tariffs or duties. This has made it an attractive option for US fashion companies, as […]

Export

US Garment Imports Plunge 22.92% Between Jan-May 2023

Textile Insights August 2, 2023

US garment imports in the first five months of 2023 plunged 22.92 percent year on year, to US $31.51 billion as against $40.89 billion in January-May 2022. Between January and May 2023, volume wise data measured in Square Meter Equivalent (SME) sank 30.48 percent from a year ago period to 9.58 billion SMEs from 13.79 […]

Apparel, Fashion, Retail

US Garment Imports Plummet 22.15% in Jan-April 2024

Textile Insights June 23, 2023

In the first four months of 2023, US garment imports plummeted 22.15 percent year on year. In the first four months of 2022, they stood at US $32.38 billion as against which they fell to $25.21 billion in January-April 2023. According to OTEXA, which published the data, imports from all top import sources like China, […]