US apparel imports rise year-on-year in December
The volume of apparel imports into the US in December climbed 2% on the month before as the holiday season neared its end.
The volume of imports was 5.4% higher than the same month a year earlier, at 2.02bn square metre equivalents (SME). In value terms, imports rose 4.7% to $6.2bn.
Gains were booked during the month by each of the US's three largest apparel suppliers. China rose 4.6% to 808m SME, Vietnam was up 10.7% to 237m SME, and Bangladesh saw its shipments jump 18.8% to 144m SME.
Other countries reporting import gains during December included Cambodia (up 13.2% to 79m SME), India (up 8.6% to 71m SME), Pakistan (up 1.6% to 46m SME), and Indonesia (up 5.8% to 91m SME).
But declines were seen by Honduras (down 1.45% to 90m SME), Mexico (down 11% to 61m SME), and Nicaragua (down 9.4% to 34m SME).
While monthly trade data is often volatile, with big swings from one month to the next, a broader view of the full-year shows imports in 2015 were 6.12% higher than in 2014 at 27.22bn SME, and in value terms rose 4.14% to $85.16bn.
Click on the following link to read more:
Help test our new apparel sourcing tool.
- Outlook 2017 – What next for apparel sourcing?
- $1.7bn package to boost Pakistan clothing exports
- Mexico riots hit apparel retailers and shipments
- M&S clothing growth – What the analysts say
- Is China about to burst its apparel trade bubble?
- MAS Holdings planning second industrial park
- Cambodia clothing exports at risk from Brexit
- Aéropostale to reopen 500 stores across the US
- JC Penney latest retailer to shutter stores?
- Target leads funding for mobile quality inspection
- Global apparel markets: product developments and innovations, October 2016
- Anti-odour clothing: fresh fashion for an active lifestyle
- Outdoor performance apparel 2016: A broader perspective
- Global market review of lingerie – forecasts to 2022
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar