The US’ apparel imports from the Philippines increased to $***.*** million in ****, up from $***.*** million in **** and $***.*** million in the previous year. This represents a ** per cent increase over the past two years. In ****, US imports jumped **.** per cent over the previous year**;s shipment, according to Fibre2Fashion**;s market insight tool TexPro.
It is important to note that the US’ apparel imports from the Philippines had slipped to $***.*** million during ****, a **.** per cent drop due to COVID-related disruptions. In ****, the trade was recorded at $***.*** million, and in **** it was $***.*** million. This shows that the trade had already been experiencing a downward trend before COVID-**.
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!