Year-to-date apparel imports increased 9.4% on a dollar basis through February, while units (square meter equivalents) were flat, according to data recently released by The Office of Textiles and Apparel (OTEXA). Imports from Bangladesh grew the fastest on a dollar basis, and gained the most share, followed by Mexico, though units from Cambodia grew the most of any top 10 trading partner.
China lost the most share of U.S. year-to-date dollar apparel imports in 2011, off 1.7 percentage points compared to a year ago. Honduras and Pakistan also lost share.
The dollar value per unit (SME) of imported apparel from Bangladesh and Indonesia increased the most, while the value of imports from Cambodia increased the least.
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| Apparel Imports: YTD Feb 2012 | |||||
| MM Dollars and Units | |||||
|
Dollars |
SME |
% Chg |
% Chg |
% Chg | |
|
Millions |
Millions |
Dollars |
SME |
$/SME | |
| World |
12,402 |
3,751 |
9.4 |
0.0 |
8.9 |
| China |
4,399 |
1,452 |
0.2 |
-4.3 |
4.7 |
| Vietnam |
1,152 |
357 |
7.0 |
-0.6 |
7.6 |
| Bangladesh |
861 |
290 |
14.6 |
0.7 |
13.9 |
| Indonesia |
892 |
229 |
7.0 |
-6.5 |
14.4 |
| Cambodia |
452 |
179 |
9.4 |
7.8 |
1.5 |
| India |
607 |
163 |
3.4 |
-2.4 |
5.9 |
| Honduras |
340 |
154 |
-4.0 |
-12.5 |
9.8 |
| Mexico |
587 |
143 |
12.0 |
-0.7 |
12.8 |
| Pakistan |
223 |
93 |
-3.9 |
-7.0 |
3.4 |
| El Salvador |
250 |
114 |
6.4 |
0.0 |
6.4 |
| Rest of world |
2,639 |
577 |
9.8 |
-5.4 |
16.1 |
| CBI |
1,182 |
443 |
8.9 |
-7.8 |
14.2 |
| CAFTA – DR |
1,096 |
412 |
9.8 |
-6.3 |
13.3 |
| South Asia |
1,972 |
608 |
8.8 |
-0.9 |
10.6 |
| ASEAN |
2,964 |
902 |
11.7 |
-0.6 |
8.4 |
| OECD |
454 |
38 |
10.4 |
-5.0 |
7.6 |
