The U.S. apparel imports data by country from January-September of 2023 and 2024 suggests that while the overall U.S. apparel import seen a slight decline, there was significant movement within the market, with some countries experiencing growth and others declining. Total U.S. apparel imports decreased by 2.47% between Jan-Sep 2023 and Jan-Sep 2024. Among all the reported countries, the substantial decrease in imports from Bangladesh is concerning, at 6.29%. This is a significant drop compared to other major suppliers. However, the decline was even higher in the January-August period, meaning that a significant growth in imports from Bangladesh was achieved in the month of September 2024.
Several countries showed growth in apparel imports to the U.S., including Vietnam (1.27%), Cambodia (7.15%), and Pakistan (2.41%).
Mohiuddin Rubel
Additional Managing Director, Denim Expert Ltd. & Ex-Director, BGMEA said,
This suggests a shift in sourcing patterns. The varied performance of different apparel-exporting countries indicate a competitive global market which has been significantly driven by price and supply chain stability.
