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Monday, 13 June 2022 00:11

US’ denim apparel imports rise by 40/84% during Jan-Apr’22: OTEXA

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Imports of denim apparels the United States grew by 40.84 per cent to $1.25 billion in the January-April ’22 period, as per a report by OTEXA.

Exports by all denim manufacturers to the US increased during the period with largest growth recorded by Pakistan, Bangladesh and Egypt.

As per Apparel Resources, US; imports of denim apparels from Bangladesh grew by 51 per cent Y-o-Y to $ 248 million during the January-April ’22 period.

The second highest export of denim apparels to the United States was by Pakistan which exported denim apparels worth $ 152 million noting a 72.48 per cent Y-o-Y growth.

The third position was bagged by Vietnam which exported denim apparels worth $137.37 million followed by China whose denim apparels exports to the US surged by 20.23 per cent to $110.64 million during the period.

The most notable performance was recorded by Egypt whose exports surged by 126 per cent to $ 71.70 million during the four months period.