US textile and apparel import demand still collapsing in Jan 2020

According to the latest data, US textile and apparel import was 5.692 billion square meters in Jan 2020, down by 9.2% year-on-year, among which that from China was 2.474 billion square meters, down by 17.5% year-on-year. Share of China's textile and apparel import in US textile and apparel import market has declined by 43.5% compared with 47.8% in same period of last year.

In Oct, growth rate of total textile and apparel import in the United States turned negative, with a decline rate of 8.2%. The growth rate of import has been negative for four consecutive months, and the decrement was expanding. Then the value and amount of textile and apparel imported from China were more unsatisfactory. Amount of textile and apparel imported from China has declined for five consecutive months, and it has declined to 17.5% in Jan; in terms of value, it has declined for six consecutive months and has dropped sharply by 31.6% year-on-year, indicating the sluggish demand of textile and apparel imported from China.