2011, Bangladesh And Cambodia Become The Fastest Growing Clothing Suppliers In The United States.
Bangladesh and Kampuchea became the fastest growing suppliers in the US apparel import market in 2011, according to the latest global trade in apparel market published by the textile intelligence company.
trade policy
US clothing import market report.
Salvatore and Honduras achieved strong growth after taking the fastest growth in 2010.
The People's Republic of Bangladesh
Kampuchea, Salvatore and Honduras, and Pakistan became one of the cheapest major 10 apparel suppliers in the United States in 2010.
Their success reflects the fact that American buyers continue to look for low-cost supplies, because the recovery of the US economy is still temporary.
In addition, in the first two months of this year, the four countries continued to succeed.
Bangladesh has become the fastest growing supplier of imports to the US market, and imports from Bangladesh have risen sharply by 39%.
Kampuchea is second, and U.S. procurement from Kampuchea has increased by 31%.
Salvatore and Honduras's exports to the United States also increased significantly by 23% and 19% respectively.
However, Salvatore's growth in exports to the United States was lower than that in 2010, and Honduras remained at the same pace. This shows that buyers have placed larger orders to Asian manufacturers because of the resumption of consumer confidence.
The four countries succeeded in selling to the United States in 2010, by a lower price than their competitors, and this trend still seems to remain in 2011.
It is undeniable that the supply prices of the four countries to the United States in the first two months of this year have increased, but their growth is not as large as their competitors. This is mainly due to the recent sharp rise in raw material prices.
Actually,
American apparel imports
The evaluation price has increased, while the import price has declined in the first four years.
In 2011, imports from us importers were expected to grow more. Although cotton prices began to decline in April 2011, many garment buyers had already locked orders in advance, reflecting the prevalence of high cotton prices in 2010 and early 2011.
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