Vietnam gained 0.7 percentage points of total US apparel import share in the first ten months of 2012, growing its share faster than did China, which has gained only 0.1 percentage points. Vietnam’s share increased to 9.3% of total year-to-date apparel imports, making it the second largest trading partner in the category.
China’s year-to-date share grew to over 37.5%, driven by significant year-to-date increases in the amount of women’s man-made fiber dresses, blouses and tops. These were offset by sizable drops in women’s cotton apparel.
Shipments have increased from Vietnam of women’s man-made fiber dresses and tops. There have been steep drops in imports of cotton apparel from Vietnam as well. South Asian countries India and Pakistan have suffered the biggest share losses so far this year, also due to the trend away from cotton.
Imports from the Caribbean (CBI) have remained a stable 11% of US apparel imports. El Salvador’s share has grown as that of Honduras and others have slipped.
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| Apparel Imports: YTD 2012 | |||||
| MM Dollars and Units | |||||
|
Dollars |
SME |
% Chg |
% Chg |
% Chg | |
|
Millions |
Millions |
Dollars |
SME |
$/SME | |
| World |
65,394 |
20,101 |
-1.8 |
-2.0 |
0.2 |
| China |
24,857 |
8,421 |
-1.5 |
0.9 |
-2.4 |
| Vietnam |
6,060 |
1,812 |
6.7 |
5.6 |
1.0 |
| Bangladesh |
3,844 |
1,303 |
-2.1 |
-3.4 |
1.3 |
| Indonesia |
4,205 |
1,067 |
-3.0 |
-5.0 |
2.0 |
| Cambodia |
2,165 |
889 |
-1.1 |
1.7 |
-2.7 |
| India |
2,614 |
719 |
-7.3 |
-9.3 |
2.3 |
| Honduras |
2,127 |
933 |
-4.1 |
-7.9 |
4.2 |
| Mexico |
3,150 |
769 |
-1.7 |
-4.7 |
3.1 |
| Pakistan |
1,243 |
490 |
-13.9 |
-9.1 |
-5.2 |
| El Salvador |
1,550 |
664 |
5.4 |
-0.4 |
5.9 |
| Rest of world |
13,579 |
3,034 |
-3.4 |
-7.7 |
4.6 |
| CBI |
7,174 |
2,657 |
-1.8 |
-5.3 |
3.8 |
| CAFTA – DR |
6,564 |
2,434 |
-1.9 |
-5.1 |
3.4 |
| South Asia |
8,942 |
2,790 |
-5.8 |
-6.0 |
0.2 |
| ASEAN |
14,750 |
4,435 |
0.0 |
-1.0 |
1.1 |
| OECD |
2,358 |
213 |
2.4 |
-1.8 |
4.4 |
