Export Of US Apparel Accelerated Under The Financial Crisis
Yesterday, the Ministry of commerce website reported that the outbreak of the financial crisis has brought a heavy blow to Chinese export enterprises, and the export of our garments to the US has accelerated downward trend.
According to statistics from the Department of textiles and clothing of the US Department of Commerce, the United States imported 17 billion 140 million square meters of clothing from the world in 1-9 this year, down 3.26% from the same period last year, of which 5 billion 792 million square meters were imported from China, accounting for 33.79% of the total global imports, down 5.1% from the same period last year.
Due to the gradual weakening of price competitiveness, some American importers have abandoned imports from China, and many garment orders have been pferred to new textile industrial zones such as India and Vietnam. According to the US Department of Commerce, Vietnam exported 1 billion 143 million square meters of clothing to the United States in the first three quarters of this year, an increase of 22.75% over the previous year, accounting for 6.67% of the total, and has grown to be the second largest supplier of clothing to the United States.
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