The data from OTEXA reveals intriguing shifts in the US apparel market amid the tariff war. Since 2018, China’s market share has notably plummeted by 39.69%, while the overall US imports have decreased by 4.37%. In contrast, Bangladesh has surged ahead with a remarkable 35.95% growth. Moreover, Vietnam and India have seen a 22.60% increase in their market share, while Cambodia and Pakistan have made substantial gains of 57.86% and 58.62% respectively.
These developments underscore the dynamic landscape of global trade and the evolving competitiveness of different countries in the apparel industry.
