In June, U.S. Clothing Imports To China Halved Year On Year
In June this year, US clothing imports continued to decline, and retailers' sales declined, resulting in large-scale cancellation of import orders. Due to the sharp decline in China's clothing imports, clothing of other origins has also been affected, with the exception of Cambodia and Jordan.
U.S. clothing imports fell 42.8% year-on-year in June, according to the U.S. Department of Commerce. In terms of volume, US clothing imports fell by 60.2% in May and 44.5% in April.
Since the United States has lifted the blockade long ago, it is very disappointing that the import volume of clothing in June is so poor. The main reason is that American clothing buyers cancel orders in large numbers.
In June, U.S. imports of Chinese clothing fell 49% year-on-year, and imports of clothing from other regions also fell 40%. In the first half of this year, the import volume of clothing in the United States decreased by 30% year-on-year, the unit price fell by 3.5%, the average unit price of Chinese clothing fell by 17.6%, and the unit price of other places of origin only fell by 1.6%.
American buyers tend to reduce the unit price of Chinese clothing imports, rather than switch to other places of origin. In the first half of this year, the U.S. imports of clothing from Vietnam decreased by 13% year-on-year, while imports from Bangladesh decreased by 16.6%. Over the same period, U.S. clothing imports to Cambodia and Jordan fell by a small margin.
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