US' DENIM APPAREL IMPORTS DECLINE 2.94% IN FEBRUARY: OTEXA
8-4-2022
US' DENIM APPAREL IMPORTS DECLINE 2.94% IN FEBRUARY: OTEXA
Denim apparel imports by the US declined 2.94 per cent M-o-M to $299.12 million in February while increasing by 43.41 per cent Y-o-Y, as per the latest report by OTEXA. Of the top five shippers, imports from Pakistan grew 6.94 per cent M-o-M and 117.63 per cent on a Y-o-Y basis.
Bangladesh again topped the list with $ 60.80 million in export to the US. Exports grew 56.90 per cent on yearly basis though it declined by around 2 per cent on monthly basis. Mexico’s shipments reached $ 53.23 million a 16.76 per cent Y-o-Y growth over February ’21 and 1.21 per cent M-o-M decline over January ’22. Exports by Vietnam and China declined by 22.37 per cent and 20.20 per cent M-o-M respectively, in February, while they increased by 16.06 per cent and 27.06 per cent on Y-o-Y basis.
By Fashionating World
https://www.fashionatingworld.com/new1-2/us-denim-apparel-imports-decline-2-94-in-february-otexa
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