Canada is one of the world’s top ten largest apparel consumption markets, and like other developed nations, clothing sold in Canada is predominately imported.
Canada is available for significant market access opportunity for clothing manufacturers, wholesalers, fashion brands, and retailers around the world.
As per recent data, from January to October 2022, Canada imported US $ 10.56 billion worth of apparel from worldwide, growing by 31.34 percent on yearly basis.
Though Canadian apparel imports have declined by 13.86 percent, which is US $ 1.19 billion in October, when it was US $ 1.38 billion in September 2022.But the imports upped by 16 percent on yearly basis.
China and Cambodia both declined on Y-o-Y and M-o-M basis. China shipped US $ 353.70 million worth of garments to Canada during October ’22, plunging 27.83 percent on monthly basis and 1.53 percent on yearly basis.
On the other hand, Vietnam – the second top shipper to Canada – grew by 3.81 percent on M-o-M basis and 81.70 percent on Y-o-Y basis, which is US $ 199.15 million in its apparel exports to the North American country.
Bangladesh’s export of apparel to Canada valued US $ 165.33 million (up 30.57 percent Y-o-Y and down 1.81 percent M-o-M); while India managed to export US $ 30.97 million worth of garments to Canada in October ’22, noting 10.83 percent monthly decline and 13.45 percent yearly increase.