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Prime Content | 
US' apparel exports at $4.48 bn in Jan-Sept 2023

04 Jan '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • From January to September 2023, the US exported $**** billion worth of apparel, with Canada and Mexico being the top markets.
  • Exports to Canada faced a slight decline compared to 2022.
  • Despite a dip during the COVID-19 pandemic, exports have been recovering since 2021.
  • Other significant markets included China, Nicaragua, Japan, Italy, and South Korea.

Shipments to Canada decreased by *.** per cent to $*.*** billion in the first nine months of ****, down from $*.*** billion in the corresponding period of ****. The exports were valued at $*.*** billion during January-September ****. They plummeted by **.** per cent to $*.*** billion in the same period of ****. However, shipments recovered by **.** per cent to $*.*** billion in January-September **** and further increased by **.** per cent to $*.*** billion in January-September ****, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

During January-September ****, US apparel exports to Mexico were recorded at $*.*** billion, accounting for **.** per cent of the total. Mexico was the second-largest market for the trade. Shipments to China were valued at $***.*** million (*.** per cent), Nicaragua at $***.*** million (*.** per cent), and Japan at $***.*** million (*.** per cent). Italy, Australia, the United Arab Emirates, the Netherlands, and South Korea were the next major markets. 

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