China remains top sourcing destination for USA
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.