The US import of readymade garments from the world fell by 11.86% to $13.21 billion in the first two months of 2023, compared with $14.99 billion during the same period in 2022, data indicating that readymade garment imports to the US market have experienced a decline, as per The US Department of Commerce's Office of Textiles and Apparel.

The overall demand for apparel items decreased due to an economic slowdown caused by the Russia-Ukraine war. This decline has been compounded by high inflation and interest rates, which has resulted in consumers cutting back on spending. As a result, imports are expected to grow slowly over the next few months.

China and Vietnam held the first and second highest positions in the US import market, with 21.08% and 18.31% shares respectively. However, China's import of apparel to the US decreased by 29.65%, and Vietnam's RMG import fell by 10.62% in the same period.

Meanwhile, The US imported 453.81 million square metres of apparel from Bangladesh in January-February 2023, a 14.41% decrease from 530.20 million square metres during the same period in 2022. Indonesia's apparel import declined by 7.06%, and Cambodia's import fell by 29.05% in the same period.

However, India's RMG export to the US market grew by 0.41%.