Apparel Imports From China Slip, Vietnam Gains - Fashion and Design News and Trends - WWD.com

Apparel Imports From China Slip, Vietnam Gains

Apparel Imports From China Slip, Vietnam Gains

by Kristi Ellis

Posted Wednesday March 12, 2008

From WWD Issue 2008/03/12

Add a Comment Send to a friend Print
A-  A  A+ 
DOWNLOAD PDF
Share
RSS
WASHINGTON — China's apparel imports to the U.S. dropped 11.7 percent in January from a year earlier, marking the second consecutive decline from the top supplier, while Vietnam inched closer to surpassing Bangladesh as the number-two apparel shipper to the U.S.

Vietnam's apparel imports increased 58 percent to 120 million square meter equivalents for the month from January 2007, as Chinese clothing shipments fell to 609 million SME in the same time period, according to a U.S. Commerce Department report on Tuesday.

The biggest declines in apparel from China were in cotton trousers and underwear, and in socks. Total textile and apparel imports from China fell 3.1 percent to 1.6 billion SME in January.

Meanwhile, apparel imports from Bangladesh fell 3.6 percent to 121 million SME.

China's decline drove down overall apparel imports by 7 percent to 1.6 billion SME last month, the largest year-to-year percentage decrease in apparel imports since February 2006. The top five suppliers of apparel in January were China, Bangladesh, Vietnam, Honduras and Mexico. China also leads in combined apparel and textile imports, followed by Pakistan, Mexico, India and South Korea.

Julia Hughes, senior vice president of the U.S. Association of Importers of Textiles & Apparel, attributed the decline in total apparel imports to weaker consumer demand associated with a faltering U.S. economy.

The swelling trade deficit with China, which hit $256 billion last year — the apparel and textile trade deficit with China in 2007 was $36.6 billion but narrowed slightly in January to $2.98 billion — has prompted calls on Capitol Hill and by industry groups for a more aggressive stance against the country's imports. Critics argue that the U.S. needs to impose restraints on China's import growth, which industry groups and many lawmakers argue is fueled by an undervalued currency and subsidized imports.

Two Senate bills targeting China's undervalued currency have been tied up in Congress for months, with Democratic leaders holding back on taking action. The U.S. textile industry, which has lost hundreds of thousands of jobs in the last decade as imports surged, has said one of its top priorities this year is to pressure the Bush administration and Congress to extend or replace quotas on 34 categories of apparel and textiles that expire at the end of the year.
See in one page
Page: 
  • 1
  • 2
Next »
Loading Comments, Please Wait:
Progress

WWD.com is the authority for news and trends in the worlds of fashion, beauty and retail. Featuring daily headlines and breaking news from all Women's Wear Daily publications, WWD.com provides the most comprehensive coverage anywhere of fashion, beauty and retail news and is the leading destination for all fashion week updates and show reviews from New York, Paris, Milan and London.

Use of and/or registration on any portion of this site constitutes acceptance of our Terms of Use (REVISED 5/22/09) and Privacy Policy (REVISED 5/22/09).
© 2009 Fairchild Fashion Group and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Fairchild Fashion Group.

  • Back
  • WWD Home
  • Image Search
  • Close Slideshow
ADVERTISEMENT
Click to skip this ad
  • My Favorites
  • Images (0)
  • Articles (0)
minimize
    See More