In the period from January to October 2023, the United States encountered a significant 27.45% year-on-year decrease in trouser imports, tallying up to a worrisome $5.64 billion loss in the total value. This downturn raises concerns for global trouser exporters reliant on the US market.

Amid this challenging landscape, Vietnam managed to retain its lead as the top exporter to the US, despite a 29% decline, with exports totaling $3.02 billion. Bangladesh, the second-largest exporter, faced a substantial drop of 29.74%, reaching $2.57 billion, intensifying the competition with Vietnam in a sluggish market.

China, Indonesia, and India also grappled with significant declines in trouser exports, marking a broader trend of economic challenges in the global apparel industry. The industry now faces the critical task of navigating these hurdles and adapting to the evolving dynamics of international trade.

By Fashionating World
https://www.fashionatingworld.com/new1-2/us-trouser-imports-plunge-27-45-posing-challenges-for-top-exporters