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Industry News | Time: Feb 23 2021 11:45AM
Bangladesh stood 3rd as top apparel supplier in US in 2020
 
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The biggest apparel importer USA has witnessed a dip in its apparel imports during 2020 – both value-wise and volume-wise, according to the latest data of OTEXA.

US imported 2.31 billion SME of apparels in 2020 valuing the US $ 64.07 billion down by 16.37% and 23.46%, respectively.



In consequence, all top apparel exporter countries saw a fall in their respective exports to the US due to the COVID-19 pandemic outbreak.

As far as volume-wise import of US is concerned, China Indonesia and India’s apparel shipment fell in double digits, while Vietnam and Bangladesh declined in single digits.

What’s notable is that Cambodia grew both in volumes and values in its apparel shipment to the US in 2020 over 2019.

In volume terms, Cambodia even surpassed Indonesia and India to climb to the 4th spot after China, Vietnam and Bangladesh from 6th rank in the 2019 tally.



Source: FW
[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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