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US swimwear import declines 19.24%

As per OTEXA stats, US’ swimwear imports declined 19.24 percent to $643, 37 million from January-August 2020. Imports plunged by 43.45 percent to $202.78 million during the period as against $358.59 million in the corresponding period the previous year.

US-swimwear-import
Figure: US’ swimwear imports declined 19.24 percent to $643, 37 million from January-August 2020. 

Chinese orders of swimwear were seen shifting to other countries as the US’s decline in the import of this category is much less than the decline China noted in its exports.

Jordan, the largest manufacturing destination in MENA region, saw a 189.80 per cent yearly growth in swimwear exports to the US amounting to $30.63 million.

Vietnam, Sri Lanka and Egypt’s exports too surged by 8.07 percent, 7.73 percent and 27.60 percent, respectively. Their exports to the US was worth $164.13 million, $36.46 million and $ 23.51 million.

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