India’s apparel exports to the US rose 5.3 per cent y-o-y in May 2017. With this, India’s share in the US apparel import expanded 30 basis points to 5.3 per cent. The country maintained its position as the fifth largest apparel exporter to the US. Growth in India’s export value to the US was mainly due to an increase in volumes. During the month, export volumes increased five per cent. Export realisation grew by 0.3 per cent.

On a cumulative basis, India’s apparel exports to the US grew by a mere 0.3 per cent during April-May 2017. The country’s market share remained unchanged at 5.6 per cent. India shipped out 191.4 million square meters of apparels, a decrease of 0.3 per cent. Average realisation improved by 0.6 per cent.

Among the top four apparel exporting countries to the US, all except Vietnam registered a decline in their export value in May 2017. Vietnam reported a 2.1 per cent increase in its exports in May 2017. The country’s market share expanded 20 basis points to 14 per cent.

China, the leading exporter of apparels to the US, saw a decrease of 0.6 per cent in exports. The country’s share in the US apparel import market fell by 30 basis points to 30.4 per cent. Apparel exports of Bangladesh and Indonesia declined by 1.7 per cent and 9.6 per cent. Bangladesh’s market share contracted by 10 basis points to 6.6 per cent and that of Indonesia fell by 70 basis points to 5.7 per cent.