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Monday, 10 August 2020 15:17

US’ H1 apparel imports from NAFTA decline 38.22 per cent: OTEXA

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US’ apparel imports from NAFTA countries, Canada, Mexico fell by 38.22 per cent on yearly basis during the first half of 2020, according to OTEXA. These apparel imports were valued at $1.16 million during the period. However, as markets in the US picked up from late May this year, the US’ imports from these two countries increased by 90.65 per cent in June ’20 over May ’20.

US’ apparel shipments from Mexico totaled $1 billion falling by 37.21 per cent on Y-o-Y basis during H1 2020, while in June ’20, Mexico’s shipments grew by over 90 per cent to $179.46 million garments. On the other hand, Canada apparel’s shipments grew by 87.78 per cent growth in June ’20 to $19.63 million while the country fell in its apparel shipment by 43.91 per cent on yearly note in January-June ’20 period.