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Global apparel trade and trade policy: the US clothing import market, June 2022
published in Issue 50, June 2022
This report provides vital data and analysis of trends in the US clothing import market. Also, it focuses in detail on clothing imports into the USA from ten key supplying countries, namely Bangladesh, Cambodia, China, Honduras, India, Indonesia, Jordan, Mexico, Sri Lanka and Vietnam. US clothing imports rose in value and volume terms in 2021. However, the rise followed a decline in the previous year—reflecting the impact of the COVID-19 pandemic—and, as a result, imports were only at their fifth highest level on record. The average price of US clothing imports, meanwhile, remained unchanged at a record low. China remained the USA's largest clothing supplier and US clothing imports from China were up in value and volume terms compared with the previous year. There were also increases in the shares of US clothing imports which came from Bangladesh, India and Pakistan in South Asia. Furthermore, there were increases in the shares of US clothing imports which came from Honduras and Nicaragua in Central America as US clothing imports from these five countries grew strongly. The share of US clothing imports which came from Mexico, meanwhile, rose in value terms but fell in terms of volume as US clothing imports from the country rose at rates which were similar to the rate of growth of US clothing imports from all sources. US clothing imports from Cambodia, Indonesia and Vietnam in South-East Asia, however, rose more modestly and, as a result, the shares of US clothing imports which came from these three countries declined.
|Global Apparel Markets provides intelligence, analysis and insight on the global apparel and fashion industries.|
|What's in it?
Each issue contains data and expert analysis on key industry topics, including: artificial intelligence (AI); augmented reality (AR); consumer expenditure; corporate social responsibility (CSR); cotton; denim; environmental sustainability; fibres; imports and exports; key geographical markets; labour law; product innovations; regulation; retail; sourcing; strategy; supply chains; and trade and trade policy.
A single issue of Global Apparel Markets includes:
practical and strategic advice from an industry expert a report on a key geographical market a round-up of the latest product innovations a feature on trade and trade policy comprehensive coverage of the latest business news
An annual subscription to Global Apparel Markets is a cost-effective way to keep informed about trends and developments in the global apparel and fashion industries. Subscriptions are available in printed and/or digital formats. Printed and digital subscribers receive each issue in printed format in addition to a digital PDF file, which is available immediately on publication. Subscribers also receive a complementary digital subscription to Global Apparel Update, delivered directly by email once a month. This free supplement contains essential information on business news and the latest product developments.
Like all Textiles Intelligence publications, Global Apparel Markets is a reliable source of independently sourced business information, and it does not carry advertising.
|This is what our customers say:|
|"In our work, we were looking for industry insights and trends - who the major suppliers were, which countries were producing and what, productivity rates, investment incentives, where investors were moving to and why, etc. A lot of the individual country case studies you did were great - I remember one recently on the UK for example. There was also a great article from a guy on the Turkish market and recent trends there. Both these articles were written for the layman so they were easy to understand but comprehensive at the same time.|
The technology articles were also interesting.
Basically, it was an all-round good publication that covered everything in enough depth so that you would always find something of interest in each issue."
|(Alan J. Saffery; Competitiveness, Private Sector & Economic Growth ; Saffery Consulting) ||