Cotton apparels still dominate the USA apparel market with 49.22 per cent share in overall US apparel import values.
Analysing OTEXA data, team Apparel Resources found that USA imported US $ 40.94 billion worth of apparels in January to May 2022 period, of which US $ 20.15 billion is shared by cotton apparels.
The share of MMF apparels was US $ 18.89 billion – 46.14 per cent of the total import values.
The data further indicates that US $ 1.09 billion was spent to source apparels made from silk and vegetable fibres, while wool apparels’ import was worth US $ 801.25 million.
Vietnam remains the top destination for the US apparel buyers for cotton apparels as the country shipped US $ 3.17 billion worth of apparels made from cotton to USA in the said period.
Bangladesh and China followed Vietnam with US $ 2.91 billion and US $ 2.63 billion worth of cotton apparel shipment to USA. India’s cotton apparel export to USA valued US $ 2.02 billion in the same period.
Bangladesh may have trumped China to gain the second spot in the cotton apparel shipment to the USA, but it stands at fourth place in MMF apparel tally with US $ 1.10 billion shipment value in the segment.
In MMF apparel import, China was the preferred destination for the US buyers as imports reached US $ 5.11 billion from the Asian manufacturing powerhouse. Vietnam (US $ 4.25 billion) and Indonesia (US $ 1.20 billion) grabbed second and third spots, respectively.
