US’ jeans imports increased by 31.36 percent to $3.68 billion in 2021, according to the Commerce Department’s Office of Textiles and Apparel (OTEXA).
Jeans imports from top supplier Bangladesh jumped 42.25 percent to $798.42 million in 2021 following 2020’s 3.98 percent decline, according to OTEXA. While labor and factory safety concerns continued, Bangladesh’s’ import market share rose to 21.69 percent last year from 20 percent in 2020.
Mexico’s exports surged by 39.6 percent to $654.87 million for the year, rebounding from a 41.54 percent falloff in 2020. Mexico’s market share climbed to 17.79 percent in 2021 from 16.7 percent the prior year.
Imports from Vietnam rose by 9.32 percent to $401.49 million last year after ending 2020 with shipments to the U.S. down 1.08 percent. Its market shrefell to 10.94 percent for 2021 from a year-earlier 13.1 percent, as summer factory closures forced importers to look elsewhere.
Pakistan also revived production in 2021, with imports from the country soaring 54.8 percent to $389.76 million. This came a year after its shipments to the U.S. dipped 2.8 percent. Pakistan’s market share stood at 10.59 percent at year’s end, up from 9 percent in 2020.
China was the biggest loser in 2020 with a 52.29 percent drop off, but came back with a 16.87 percent increase in 2021 to $387.91 million. China’s market share dipped to 10.54 percent from 11.8 percent.
Led by Mexico, Nicaragua, Colombia and Guatemala were among the Western Hemisphere supplier nations that helped push the region’s shipments to the U.S. up 37.88 percent to 853.13 million last year.
By Fashionating World
https://www.fashionatingworld.com/new1-2/us-jeans-imports-rise-by-31-36-in-2021-otexa