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US denim imports decline by 13.29%

As per OTEXA, the imports of jeans by the US declined by 13.29 percent in value to $265.99 million in January compared to $306.78 million in the same month in 2019. For the 12 months through January, its imports of denim apparels declined by 4.43 per cent to $3.69 billion.

The country’s imports from Mexico dropped by 32.28 percent in January to $41.47 million in value while that from China plummeted by 60.17 per cent to $33.94 million. For the year through January, imports from Mexico decreased by 5 per cent to $782.78 million, while China’s shipments declined by 31.05 per cent to $644.66 million.

However, imports from Bangladesh increased by 5.18 per cent to $51.87 million in January. For the 12-month period, these imports increased by 6.96 per cent to $601.86 million and shipments from Vietnam rose by 27.61 per cent to $384.51 million.

Other major suppliers of jeans to the country during the month included Egypt, whose exports increased by 25.33 percent to $15.16 million; Cambodia whose exports increased by 91.37 per cent to $16.1 million, and Sri Lanka who exported 18.22 per cent more jeans to the US.

 
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