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US apparel imports from China drop 34% to $3.5 bn in Q1 2023

12 Jun '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • In Q1 2023, US apparel imports from China fell to $**** billion, a **% YoY decrease and a **.*% drop from Q4 2022.
  • This trend mirrors overall decline in goods imports from China.
  • In 2022, total US apparel imports from China reached $******** billion, while fabric imports totalled $***.*** million, slightly lower than 2021's $***.*** million.

An analysis of data from *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro, disclosed a decline in US apparel imports to $*.*** billion in the period from January to March ****. This compared to the $*.*** billion recorded in the period from October to December ****, indicating a quarter-on-quarter decrease of approximately **.** per cent. In the first quarter of ****, the shipment was valued at $*.*** billion, thus showing a significant year-on-year decrease of ** per cent. US imports were previously recorded as $*.*** billion in Q* and $*.*** billion in Q*

In ****, US apparel imports from China totalled $**.*** billion, an increase from the $**.*** billion reported in ****. The import figures for previous years were $**.*** billion in ****, $**.*** billion in ****, and $**.*** billion in ****

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