Member ID:
Stay logged in for 30 days
Forget Your Password?

login CCFGroup App

Industry News | Time: Feb 23 2021 11:45AM
Bangladesh stood 3rd as top apparel supplier in US in 2020
Text size
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.
Related Articles
Textile and apparel companies increase investments in Madhya
Hike in yarn prices worsens plight of Bangladesh apparel makers
Ecuador's textile turnover decreases by 36% in 2020
Wells Fargo: Amazon ranks as top apparel retailer in US
Bangladesh apparel exports decline 3.73% in July-Feb FY21
Italian textile and clothing sector to recover in 2022, say filo
Share of cotton yarn increases in Uzbekistan’s textile exports
US textile and apparel imports from India increases by 26.93%:
Vietnam’s textile and apparel makers to focus on sportswear and
World's largest producer of eucalyptus pulp--Suzano will enter the
China's PTA industry moves forward under overcapacity ...
China chemical fiber industry development and outlook
Bullish cotton yarn market coming to an end?
Cause of soaring cotton linter and refined cotton and the ...
Application of direct-spun PSF in nonwoven fabric market