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Thursday, 13 October 2022 00:37

US garment imports up 37 per cent in ‘22

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US imports of garments from January 2022 to August 2022 increased by 37 per cent. Import values in August were 11 per cent higher than imports done in July 2022.August also proved to be the best month for US apparel buyers in 2021.

Most big retailers in the US are holding back new inventories and are not placing fresh orders in their partner factories located worldwide. On the other hand, because of the fast-approaching holiday season in the US, buyers don’t want to see bottlenecks in supplies due to logistics issues.

In the eight-month period, the top Asian countries – China (up 37 per cent), Vietnam (up 33 per cent), Bangladesh (up 53 per cent), India (up 56 per cent) and Indonesia (up 56 per cent) –all upped their respective shipments to the US on a yearly basis.In the first seven months of 2022,imports of textiles and apparel by the US rose by 29 per cent. US textile and apparel imports consist of cotton products, manmade fiber products, wool and silk products, and products from silk and vegetable fibers.Apparel constituted the bulk of textiles and garments imported by the US in January 2022 to July 2022.