Tariffs Raise The US's Import Of Chinese Clothing.

2019/9/11 11:29:00 2

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In July this year, the United States increased imports of clothing to China. Buyers and retailers concentrated their purchases before the United States imposed 10% tariffs in September 1st (further increased to 15%). At the same time, the United States also rebounded to Vietnam's clothing imports. It was thought that Chinese products might be exported to Vietnam by Vietnam.

In that month, US imports of Chinese clothing increased by 12.45% over the same period last year, while imports increased by 8.6% compared to the same period last year, and the unit price dropped by 3.4%. The total import volume of clothing in the United States increased by 9.2%, the volume of imports to China increased by 6.5%, the volume of imports to Vietnam increased by 11.7%, and in June it increased by only 1%.

It is reported that Vietnamese authorities have issued a warning about China's transshipment to the United States. It is estimated that US imports of garments to China and Vietnam will continue to grow in August, and that the garments imported to China in September will decrease significantly.

Compared with the previous year, the US import volume of clothing in Kampuchea decreased sharply after the sharp rise in export prices. The reason for the rise in export prices was that the labor cost in the country increased significantly.

On the contrary, although Bangladesh's clothing price has risen by 5.6%, imports have achieved two digit growth.