Trade data obtained from Fibre2Fashion's market insight tool TexPro shows that imports decreased by 24.82 per cent from the inbound shipment of $4,625.641 million in 2022. The trade was recorded at $2,817.289 million in 2019, which increased to $3,055.349 million in 2020 despite the pandemic. It further rose to $3,715.167 million in 2021 and then to $4,625.641 million in 2022.
The US imported 63.174 million dozen small apparel items last year, down from 93.541 million dozen in 2022. However, the average price of the imports increased from $48.63 per dozen to $53.99 per dozen. Imports of other apparel products from Cambodia dipped to 2.198 million dozen pairs in 2023 from 3.031 million dozen pairs in 2022. The average import price rose to $29.59 per dozen pairs from $24.78 per dozen pairs. The US records small items of apparel in dozens, but items used in pairs are counted in dozen pairs.
However, imports of larger apparel items increased to 96,282 units in 2023 from 86,371 units in 2022. The average price of these apparel items also increased from $16.17 per unit in 2022 to $16.69 per unit.
Trousers and shorts dominated with a 28.74 per cent share in the US' total apparel imports from Cambodia in 2023. The imports of these apparel items were valued at $978.564 million in the same year. Among the top five, the import of jerseys was $841.012 million (24.75 per cent), shirts $232.598 million (6.84 per cent), baby wear $215.008 million (6.33 per cent), and nightwear $210.857 million (6.20 per cent), as per TexPro.
Fibre2Fashion News Desk (KUL)