USA has seen a significant downfall of 31.78 per cent in its value-wise cotton trouser import in January-July ’20 period. The total import of cotton trousers valued US $ 5.03 billion in the mentioned period, according to OTEXA.
Bangladesh, the top cotton trouser exporter to USA, stayed far ahead of China and Vietnam despite noting 25.64 per cent Y-o-Y downfall. Total export of cotton trousers from Bangladesh valued US $ 1.13 billion in January-July ’20 period.
Vietnam grabbed the second rank in the tally with US $ 939.62 million worth of cotton trouser shipment to USA in the review period, marking 9.39 per cent yearly downfall.
China tumbled massively by 58.82 per cent to clock US $ 658.62 million in its respective cotton trouser shipment to USA.
India plunged by 40.13 per cent to US $ 132.81 million worth of cotton trouser shipment to USA in 2020.
Cambodia, Ethiopia, Madagascar and Myanmar were the only countries to grow in their cotton trouser shipment to USA in January-July ’20 period by 3.62 per cent, 25.26 per cent, 2.88 per cent and 117 per cent, respectively.
This indicates that certain product categories are becoming growth propelling categories for these countries in COVID-19 time.