As OTEXA released July ’20 import data of US, the data shows India managed to increase its share in the US market following months of lockdown to attain gradual normalcy. The country, however, fell by 33.28 per cent on Y-o-Y basis in January-July ’20 period to ship $1.75 billion worth of garments to US, but it increased by 87.93 per cent over June ’20 to ship $213.21 million worth of garments in its largest exporting destination.

China’s shipment of apparels to US in year-to-date valued US $ 7.35 billion, which is 49.34 per cent lower than January-July ’19 period. The monthly surge is certainly there as it grew 37.39 per cent in July ’20 over June ’20 to value $1.58 billion. On Y-o-Y basis, the shipment from China saw a decline of 50 per cent in July ’20 as US imported $3.17 billion worth of garments in July ’19 from China.

The second largest apparel exporter to US – Vietnam – saw a decline of 11.06 per cent in January-July ’20 period and shipment was worth $6.94 billion as against $7.80 billion in the same period of 2019.

In July ’20, there was a fall of 11 per cent in US apparel import from Vietnam over July ’19 and it valued at US $ 1.29 billion. However, as compared to June ’20, Vietnam’s shipment increased by 51.76 per cent.

As far as Bangladesh is concerned, US imported $2.90 billion worth of garments, noting 18.54 per cent Y-o-Y fall. Particularly in July ’20, US’s import from Bangladesh stood at US $ 436.34 million with a significant monthly growth of 52.74 per cent over June ’20.