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In The First Three Quarters Of 2020, China'S Share Of European And American Clothing Imports Declined

2021/1/18 12:36:00 0

EUUSAClothingImportChinaInternational Observation

In the first three quarters of 2020, the clothing imports of EU-27 countries will drop sharply, and different product series and production areas will change, and China's market share and the proportion of various varieties will drop sharply.

Bangladesh accounted for 29.7% of EU knitwear imports, while China's fell to 27.2%. In woven garments, China's share is 33.5%, while Bangladesh's share is 20.8%. The country's share in EU T-shirt imports exceeds 50%, while China's share is only 8.1%.

The unit price of China's knitted garments exported to the European Union was stable, and the woven clothing series increased by 15.2%. The price of Chinese pullovers rose 1.9%, while Bangladesh fell 7.9%.

Due to the devaluation of lira, the prices of many Turkish export products remained stable and its market share in the EU increased.

In November 2020, U.S. clothing imports recovered for the second consecutive month, with imports from China, Vietnam and Cambodia increasing, and unit prices falling year on year. Compared with a year ago, U.S. clothing imports in November increased by 9.5% year-on-year, and decreased by 4.7% in terms of import amount.

From January to November 2020, the import volume of us clothing decreased by 17.5% year-on-year, and the import amount decreased by 24%. U.S. clothing imports to China fell 14.9% in November and increased 11.2% in October.

In November, the U.S. clothing import unit price fell by more than 20% year-on-year, while the import volume and import volume to Vietnam decreased by 24.4% and 13.5% respectively. From January to November, Vietnam accounted for 19.8% of U.S. clothing imports and 23.7% of China's clothing imports. In the same month, the United States continued to recover its clothing imports from India, while the imports from Bangladesh fell by more than 10% year-on-year, while those to Cambodia increased by 24.5% and 17.8% year-on-year.


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