In the first quarter of 2024, volume of US apparel imports began to rebound, however value of garment imports continued to decline but varied in case of origin of imports. In the first three months of 2024, US clothing imports from Bangladesh fell 12 percent year-on-year. But while cotton
“In the first three months of ongoing year, overall US apparel imports dropped 7.14 per cent, falling to US $18.07 billion from $19.46 billion in the same period of 2023,” data from OTEXA informed. In contrast, US imports of garments from Bangladesh declined higher at 17 percent to $1.75 billion in the first quarter of […]
Four US retail and fashion bodies are opposing a proposal to hike tariffs on apparel imported from various Asian countries, since the end consumers will have to bear the brunt of resultant hike in clothing prices. These four trade bodies include the American Apparel and Footwear Association, the National Retail Federation, the Retail Industry Leaders […]
Cambodia led the charge with US garment imports from the SE Asian country increasing 15.34 percent year on year to $545.20 million in the January to February period of 2024. Overall US apparel imports in the first two months of the ongoing year declined 7.78 percent from a year ago period to US $12.18 billion. […]
US apparel imports fell 16.53 percent year on year to US $6.04 billion in January 2024. Of this, clothing imports from China dropped 2 percent and from Vietnam declined 5 percent. This was informed by statistics released by the Office of Textiles and Apparel (OTEXA) under the US Department of Commerce. It may be recalled […]
India is among five Asian countries which has been targeted by a US textile trade body for predatory trade practices and unethical cost reduction practices. India was accused by the National Council of Textile Organizations (NCTO) CEO Kim Glas while testifying before the US International Trade Commission (USITC). Kim Glas testified before the USITC as […]
A new US trade bill aims reduce reliance of textiles and apparel on Chinese imports and support domestic industry, while also boosting circular fashion offering US $14 billion in incentives. The Americas Trade and Investment Act seeks to encourage reshoring and near-shoring of manufacturing supply chains with a heavy footprint in China. It also aims […]
Overall apparel imports by the United States dropped 22.04 percent to US $77.84 billion in 2023 compared to $99.86 billion in 2022. Data of the US Department of Commerce’s Office of Textiles and Apparel (Otexa) informed that clothing imports from China declined 10.83 percent year on year to $16.32 billion in the previous year. However, […]
US textile and apparel imports increased 1.5 percent in November 2023 and amounted to 6.9 billion SME compared to 6.8 billion SME in the same month of 2022. As per data of the Office of Textiles and Apparel of the US Department of Commerce (OTEXA), imports from Mexico recorded the highest hike at 79.8 percent […]