The imports value of US textile and apparelsincreased by 28.1 per cent Y-o-Y to $11.45 billion in June. The imports volume increased by 18.2 per cent Y-o-Y to 10.65 billion sq m. US apparel imports value in June 2022 rose sharply by 40.3 per cent Y-o-Y to 8.64 billion and the imports volume increased by 18.9 per cent Y-o-Y to 2.76 billion sq m.
The US textile and apparel imports volume from China declined by 11 per cent Y-o-Y to 3.25 billion sq m in June 2022. The imports value reached $2.95billion increasing by 15.8 per cent Y-o-Y. US apparel imports value from China in June 2022 rose by 32.9 per cent Y-o-Y to $1.98 billion, and the imports volume reached 1.04 billion sq m, up by 12.5 per cent year-on-year. Compared with 2019, the total imports value from China decreased by 11.5 per cent, and the reduce rate saw a seasonal decrease.
Over the past 5 years, China's share in US textile and apparel imports was on the decline. And it stayed at 25.8 per cent by June 2022.
By Fashionating World