China re­mains top sourc­ing des­ti­na­tion for USA

Apparel Online - - TRADE STATISTICS -

Jan­uary to Oc­to­ber 2018

The spend­ing ca­pac­ity of av­er­age Amer­i­can is in­creas­ing and the same was re­flected in USA’s ap­parel im­port data in Oc­to­ber month. USA con­tin­ued see­ing surge month-wise as in Oc­to­ber 2018, it jumped 11.52 per cent to touch US $ 8,538.60 mil­lion from US $ 7,656.64 mil­lion in the same month of 2017. Cu­mu­la­tively in 10-month pe­riod, China re­mained the top­most ex­porter de­spite on­go­ing trade war with USA. It con­trib­uted 41.90 per cent share in vol­ume terms and 33.13 per cent share in value terms, while Bangladesh, Viet­nam and In­dia gained sig­nif­i­cantly.

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