Imports from Bangladesh increased by 21.1 per cent in the first seven months of this year, and from Vietnam by 17.7 per cent, while imports from India rose by 11.4 per cent. In contrast, US imports from China saw a sharp decline of 19.9 per cent during the same period.
CITI noted that in July 2025, US imports from Vietnam and Bangladesh rose by 14.2 per cent and 5.2 per cent, respectively, over July 2024. While growth momentum moderated compared to June 2025, both countries continued to strengthen their market position in the US.
According to trade data, US imports from Vietnam increased to $1.86 billion in July 2025 from $1.63 billion in July 2024. Overall imports from Vietnam grew to $10.41 billion in January–July 2025 compared with $8.84 billion in the corresponding period of last year.
US imports from Bangladesh rose 5.2 per cent to $0.750 billion in July 2025 against $0.710 billion in July 2024. Cumulative imports expanded to $5.110 billion during January–July 2025, up from $4.220 billion in the same period last year.
In July 2025, imports from India increased 9.1 per cent to $0.860 billion from $0.79 billion in July 2024. Total imports from India grew to $6.220 billion in January–July 2025 compared with $5.58 billion a year earlier.
ALCHEMPro News Desk (KUL)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
