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Thursday, 08 July 2021 16:22

US’ jeans import surges by 29.18%: OTEXA

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US’ import of denim jeans surged 29.18 per cent year over year in the five months through May to a value of $1.15 billion, shows the latest report by OTEXA. As per Sourcing Journal, US import of jeans surged by 30 per cent, or $26.39 million, cumulative year-to-date from April to May. Imports of blue denim apparels from Bangladesh rose by 35.61 percent in the year through May from the same period in 2020 to $218.35 million. Imports from Mexico surged by 51.35 percent to $232.76 million after a 25.07 per cent hike the previous month.

Among the Top 10 suppliers from Asia, imports from Vietnam rose by 8.69 per cent in the five months to $121.58 million, following a 2.86 percent drop the prior month, as sourcing experts have said capacity issues have started to challenge the country’s rapid rise. Imports from China increased by 38.67 per cent in the period to $117.27 million, while shipments from Pakistan increased 38.73 per cent to $116.62 million, imports from Cambodia rose 10.33 per cent to $59.92 million and shipments from Sri Lanka gained 32.79 per cent to $23.48 million.