Canada Ap­parel Imports

Jan­uary to March 2018

Apparel Online - - Trade Statistics -

Canada rises mas­sively in ap­parel imports value dur­ing Q1 ’18

Canada wit­nessed a mas­sive rise (25.52%) in its ap­parel im­port in the first quar­ter of 2018. Not just ap­par­els, Canada felt the shiv­ers of higher than usual im­port lev­els in other cat­e­gories too which fur­ther re­sulted into widened trade deficit. Dur­ing the pe­riod, the deficit was more than dou­ble what an­a­lysts had forecast ear­lier. How­ever, with CPTPP and CETA, Canada is pre­dict­ing a bet­ter year ahead as far as trade with part­ner coun­tries is con­cerned that might re­duce the gap of deficit in the fur­ther months.

Canada Imports

25.52%

The knit­ted ap­parel re­ported 25.72% surge dur­ing the re­view pe­riod, whereas the wo­ven seg­ment saw rise of 25.34% in value terms.

B’Desh Ex­ports

16.79%

Bangladesh es­ca­lated in both knit­ted and wo­ven gar­ment ex­ports to Canada by 16.47% and 17% re­spec­tively, dur­ing the re­view pe­riod.

In­dia Ex­ports

23.56%

Dur­ing the re­view pe­riod, the value of Indian knit­ted ap­parel ex­ports in­creased by 31.20%. On the other hand, ex­port value of wo­ven seg­ment rose 18.35% on Y-o-Y ba­sis.

Pak­istan Ex­ports

37.85%

In wo­ven cat­e­gory, the Pak­istan’s ex­port val­ues were up by 9.33%. On the other hand, knit­ted seg­ment ex­ports to Canada reg­is­tered no­table growth of 72.34% on Y-o-Y ba­sis.

Sri Lanka Ex­ports

14.20%

Dur­ing the pe­riod, the coun­try noted 11.94% surge in its knit­ted gar­ment ex­ports to Canada, whereas wo­ven seg­ment ex­ports upped by 17.19%.

China Ex­ports

23.52%

In the knit­ted gar­ment ex­ports, China marked 22.38% growth, while the wo­ven gar­ments noted boost by 24.55% dur­ing the pe­riod un­der re­view.

Viet­nam Ex­ports

29.52%

Knit­ted gar­ment ex­ports from Viet­nam to Canada saw rise by no­table 32.23% while ex­port of wo­ven gar­ments was up by 26.90%.

In­done­sia Ex­ports

18.19%

In the knit­ted gar­ment ex­ports, In­done­sia surged by 22.87%, while wo­ven gar­ments in­creased by 14.29% on the yearly note.

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