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Wednesday, 08 January 2020 15:33

US apparel imports from China down 31 per cent in November

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US apparel imports from China were down 31 per cent in November 2019. This follows a 35 per cent plunge in October. In volume, apparel imports from China fell 20 per cent in November. This follows a 30 per cent volume decline the prior month.

While the erosion of apparel sourcing from China by US brands and retailers has been ongoing throughout the tariff-driven US-China trade war, the dramatic drop-offs in the past few months were driven in part by companies bringing goods in before the 15 per cent tariffs on Chinese imports. People tried to lock on and get their product in early this year.

but western hemisphere makers also have gained as well. Apparel shipments from Vietnam rose 10.37 per cent year to date but were down 12 per cent for the month. Vietnam’s market share stood at 15.93 per cent, a ten per cent gain.
US apparel imports from China for the first 11 months of the year fell 7.59 per cent. This brought China’s import market share–still in the top slot–down 6.63 per cent to 30.25 per cent in value terms for the year through November. Suppliers, largely Asian, are stealing away that market share