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Denim apparel imports by US increase by 0 61% in FY21 Q1

- Global blue denim apparel imports by the United States in the first quarter surpassed the same period in 2020 by 0.61 percent to a value of $701.84 million, according to data from the Commerce Department’s Office of Textiles & Apparel (OTEXA) As per Sourcing Journal, Mexico was the top sourcing spot in the first three months of the year, with shipments rising 4.75 percent to $145.48 million, according to OTEXA, while imports from Bangladesh increased 7.99 percent to $133.27 million. Other winners among the major production countries were China, with imports up 5.96 percent to $71.95 million; Pakistan, with an increase of 8.86 percent to $68.4 million; Nicaragua, up 26.24 percent to $29.32 million, and Turkey, with a gain of 31.39 percent to $13.79 million.

Mexico and Bangladesh Led Stabilizing US Jeans Imports in Q1

The gains and losses were spread out over the Top 10 suppliers of jeans, which make up the vast majority of the imports. Mexico was the top sourcing spot in the first three months of the year, with shipments rising 4.75 percent to $145.48 million, according to OTEXA, while imports from Bangladesh increased 7.99 percent to $133.27 million. Experts had seen Mexican jeans production growing once the U.S.-Mexico-Canada Agreement was fully implemented and the economy stabilized. Other winners among the major production countries were China, with imports up 5.96 percent to $71.95 million; Pakistan, with an increase of 8.86 percent to $68.4 million; Nicaragua, up 26.24 percent to $29.32 million, and Turkey, with a gain of 31.39 percent to $13.79 million.

US Apparel Imports: China Leads First-Quarter Surge

CREDIT: Ringo Chiu via AP Missed Sourcing Summit Hong Kong? Catch it on demand now. Learn why you re all wrong about what resilience really means and where the US/China relationship is headed. Mirroring the rebound underway in the American economy and in the retail sector as well, apparel imports bounced back in the first quarter with an 11.63 percent gain to 6.7 million square meter equivalents (SME), according to the Commerce Department’s Office of Textiles & Apparel (OTEXA). Apparel imports in March also jumped 48 percent to… This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

China the Big Loser as US Apparel Imports Suffered From Covid in 2020 – Sourcing Journal

CREDIT: CMA CGM Get your ticket today for Sourcing Summit Hong Kong and gain insights from executives from Asmara, Wood Mackenzie, The Mills Fabrica, Star Network, NRF, Delta Galil, Unspun, the Ports of Los Angeles and more. U.S. apparel imports were dramatically impacted by the global coronavirus pandemic and some other geopolitical factors, falling 23.46 percent in 2020 to a value of $64.07 billion from $83.71 billion in 2019, the Commerce Department’s Office of Textiles & Apparel (OTEXA) reported Friday. The China conundrum The most significant effect on major suppliers was seen… This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

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