Total Imports Of Textiles And Clothing Fell By 4.1%

According to recent data released by the US Commerce Department, imports of clothing and textiles in the United States decreased by 4.1% in February compared with the same period last year.

After a long period of stability, there was a sudden fluctuation in the import market of clothing and textiles in the United States.

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P, China and Bangladesh, as the two most stable and most important suppliers in the United States, saw a sharp decline in exports in February this year, while India and Vietnam exported more textile and clothing to the United States.

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Less than P, the experts say, is one of the reasons for the decline in import volume in the US. This is also consistent with the industry's forecast for the weak performance in the first half of the United States. Besides, the rise of the US manufacturing movement is another reason for the decrease in imports.

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The total amount of textiles and clothing imported from China for small and medium enterprises (P) in February was $1 billion 900 million, down 10.7% from a year earlier, the biggest decline since last March.

According to expert analysis, the total reduction of China's exports to the US is mainly due to rising costs, and Chinese manufacturers will focus more on the domestic market.

Over the same period, India's total exports to the United States increased by 20.3%.

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< p > Bangladesh is the third largest supplier of clothing imports in the United States. In February, clothing decreased 10.2% to us a href= "//www.sjfzxm.com/news/index_c.asp" > export < /a >, which was 136 million US dollars, mainly due to factory accidents.

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"P > us a href=" //www.sjfzxm.com/news/index_c.asp "> dress < /a > a href=" //www.sjfzxm.com/news/index_c.asp "> footwear > /a > International Trade vice president Nat Hermann said:" many of our companies have a large share of business in Bangladesh, such as H&M, Gap and WAL-MART, all of which promise to continue to cooperate with Bangladesh, but many companies are beginning to try to break away from the market, or that only a small part of the clothing business is produced here.

They have decided to quit until Bangladesh solves their internal problems. "

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< p > related links: < /p >

< p > according to the statistics released by the Malaysia Statistical Bureau, the consumer price index in March was 109.9, up 3.5% from the same period last year, which is in line with the market forecast.

However, clothing and footwear products have declined.

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< p > Malaysia economists believe that Malaysia's inflation rate rose 3.5% in March from the same period last year, which is a new record since 2011.

In order to reduce the deficit, the government of Malaysia launched rationalization measures to keep prices soaring in the country.

The Central Bank of Malaysia predicts that the country's inflation rate will reach 3%~4% this year.

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< p > March, the main increase in the prices of major consumer products included alcoholic beverages and cigarettes (up 14.1%), traffic (up 5.1%) and restaurants and hotels (up 4.5%); other items of price increase included non-alcoholic beverages and foods (up 3.9%), real estate, water, electricity, gas and other fuels (up 3.6%), education (up 2.3%), health (up 2.3%), leisure, service and culture (up 1.6%), furniture, household equipment and daily necessities (up 1.1%) and miscellaneous products and services (0.1%).

Clothing and footwear products fell by 0.1%.

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