China's share in US textile and apparel imports less than a third
The latest data showed that US textile and apparel imports value in Apr 2022 increased to 10.99 billion USD, up by 34.4% year-on-year. The imports volume reached 10.18 billion m2, up by 65.2% year-on-year. US apparel imports value in Apr 2022 rose sharply to 8.12 billion USD, up by 43.2% year-on-year, and the imports volume reached 2.68 billion m2, up by 29.7% year-on-year.
The US textile and apparel imports volume from China in Apr 2022 moved up to 2.8 billion m2, up by 15.6% year-on-year. The imports value reached 2.27billion USD, up by 27% year-on-year. US apparel imports value from China in Apr 2022 rose to 1.36 billion USD, up by 38.9% year-on-year, and the imports volume reached 710 million m2, up by 28.4% year-on-year.
From the monthly data, the US textile and apparel imports from China saw a monthly fall, down 21.2% compared to Mar.
In addition, from the market shares in US textile and apparel imports, China’s share in US textile and apparel imports has shrunk from 42.5% in 2021 to 32.2% in 2022, and the shares of Turkey, Malaysia and Bangladesh all increased.
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