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South Asia Gains US Apparel Import Share from China in February

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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.

Feb Apparel Feb Apparel 12

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

 

 

 

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