Helped by relatively low labor costs, apparel imports from Vietnam and Bangladesh grew faster than those from China and India in the first half of 2013.
Vietnam now has a more than 10% share of U.S. apparel imports which, though much smaller than China’s 33.8% share, is growing the fastest, on both a dollar and unit (square meter equivalent basis), of all the key apparel trading partners.
Check for more data & deeper insights about apparel imports on Sourcing Journal.
Resource URL: https://www.sourcingjournalonline.com/china-loses-share-of-us-apparel-imports-to-vietnam-and-bangladesh-in-ih-2013/
Vietnam now has a more than 10% share of U.S. apparel imports which, though much smaller than China’s 33.8% share, is growing the fastest, on both a dollar and unit (square meter equivalent basis), of all the key apparel trading partners.
Check for more data & deeper insights about apparel imports on Sourcing Journal.
Resource URL: https://www.sourcingjournalonline.com/china-loses-share-of-us-apparel-imports-to-vietnam-and-bangladesh-in-ih-2013/
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