Despite Q1 decline, China still leads as top US apparel supplier

Despite Q1 decline, China still leads as top US apparel supplier

China remains the top apparel supplier to the United States in the first quarter (Q1) of the current year, despite a sharp drop in imports. Of the total imports worth $19.522 billion, China’s share accounted for 18.11%, or about $3.53 billion. The remaining major suppliers are Vietnam, Bangladesh, India and Indonesia, which collectively account for over 56% of total US apparel imports.

According to the most recent commercial data available on Fibre2Fashion’s market analysis tool, TexPro, the United States recorded a 34.27% year-over-year decline in apparel imports from China in the first quarter of 2023. Imports from China totaled $5.377 billion in the first quarter of 2022 , $4.122 billion in Q1 2021, $3.406 billion in Q1 2020, $5.846 billion in Q1 2019 and $5.860 billion in Q1 2018.

The United States imported $3.288 billion worth of garments from Vietnam in the first quarter of this year, which accounted for 16.84 percent of total imports. Bangladesh followed with $2 billion (10.25%), India with $1.339 billion (6.86%) and Indonesia with $1.197 billion (6.13%). The other main suppliers are Mexico (3.83%), Cambodia (3.81%), Honduras (3.02%), Italy (2.81%) and Nicaragua (2.74%) .

Despite a significant decline, China remains the top supplier of clothing to the United States in the first quarter of the current year, contributing 18.11% of total imports. Vietnam, Bangladesh, India and Indonesia are also important suppliers. The first quarter of 2023 saw a 34.27% year-on-year decline in US apparel imports from China, according to TexPro data.

The value of clothing imports into the United States fell on a quarterly basis. In Q3 2022, imports were valued at $29.389 billion, falling to $21.146 billion in Q4 2022, then to $19.525 billion in Q1 2023. This downward trend was also evident in Q1 2022, with imports totaling $24.368 billion, according to TexPro.

The United States imposed restrictions on clothing made from cotton produced in China’s Xinjiang region in June 2022.

Fibre2Fashion Information Office (KUL)


#

Leave a Reply

Your email address will not be published. Required fields are marked *