US jeans imports from China rose just 2.91 per cent for the year through October to $790.89 million worth of goods, compared to the year-ago, while shipments from Mexico increased 1.61 per cent in the same timeframe to $679.41 million. Imports from both countries have only increased slightly as the countries face disruption in US trade policy. In order to mitigate risk in their supply chains, the countries have had to shift sourcing plans.
Tariffs have caused China to lose a majority of its jeans market to other Asian nations. Vietnam saw shipments to the US rise 46.16 per cent in the last 10 months to $248.95 million, while Bangladesh shipments increased 12.78 per cent to $481.41 million.
Other Asian suppliers seeing a hike include Pakistan, with imports rising 12.52 per cent to $206.05 million; Cambodia, with shipments up 27.49 per cent to $99.08 million; and India, posting a 44.59 per cent hike to $31.35 million. Meanwhile, suppliers are also taking market share from Mexico since they have the same attributes of quick shipping times and duty-free trade because of the Central American Free Trade Agreement (CAFTA). US jeans imports from CAFTA countries rose 7.37 per cent in the 10 months to $116.37 million worth of goods.