Views: 0 Author: Site Editor Publish Time: 2020-05-27 Origin: Site
Major US textile and apparel import country market share
Confronted both by Sino-US trade war and the epidemic, China's textile and apparel market share in the United States has gradually declined, especially in the first quarter. However, the share of ASEAN, India and Bangladesh gradually increased, especially that of ASEAN rose to 19% in Mar and that of China fell to 22.4%.
There is a time lag in import data. The epidemic outside China in Mar and Apr continued to spread, and the United States became the hardest hit. Therefore, the US textile and apparel consumption was bound to be greatly impacted, and the import volume also declined. However, mills in ASEAN, Bangladesh and India were hard to resume work amid the pandemic, so it is expected that US textile and apparel Apr import will still slip evidently, with larger decline than that in Mar.