In the months between January and September, overall US imports of garments slipped from US $ 60.82 billion from US$ 78.79 billion, down 22.81 percent year on year.
When considering volume measured in square meter equivalent (SME), imports dropped 25.
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16 percent to 18.86 billion SME in the January to September 2023 period.
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During the reporting period, apparel imports from China declined higher at 28.13 percent to $12.75, while quantity wise, they went down 23.
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90 percent to 6.77 billion SME. USA’s import from Vietnam, the second largest source also showed negative growth of 24.13 percent to $11.06 billion and also declined 26.51 percent to 2.94 billion SME, volume wise.
USA’s clothing imports from Bangladesh also descended 23.
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33 percent to $5.77 billion from $7.53 billion from a year ago period, while quantity wise they dipped 29.37 percent to 1.76 billion SME.
