U.S. apparel imports: Unit prices plunge in China, Market share plummets

In the first three quarters of this year, China's share of US clothing imports dropped significantly, and unit prices for imports fell by 20%.Not only cotton clothing, but also chemical fiber clothing imports have declined due to the epidemic and high tariffs.

By volume, US clothing imports from China fell 32 per cent year on year, while imports from other countries fell only 16 per cent.Us imports of cotton clothing from China fell 40 per cent year on year, chemical fibre clothing by 29 per cent and wool clothing by almost half.But for the sharp fall in the unit price of imports, us imports of Chinese clothing would have fallen even more.

Because of the Trump administration's high tariffs on Imports from China, US buyers have shifted their sourcing to other countries, but have continued to keep their share of purchases from China because it can supply large quantities of goods at any time and is very reliable.

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In the first three quarters of this year, the average unit price of Clothing imported from China fell by more than 20 percent year-on-year.In contrast, the average unit price of US imports from other countries fell only 4.5 per cent year on year.

In dollar terms, US clothing imports from China fell 45.5 percent year on year, while imports from other countries fell 19.7 percent.China's share of US clothing imports fell from 31 per cent to 23 per cent, cotton to 15.2 per cent and synthetic fibre to 30 per cent.