Fashion
US textile imports steady as Cambodia, Bangladesh gain market share
China retained its position as the largest supplier with a **.** per cent market share, followed by Vietnam at **.** per cent. However, China’s share continued to slide month after month, reflecting a structural shift in sourcing. American buyers are increasingly diversifying towards Southeast and South Asia to reduce tariff exposure, mitigate geopolitical risk, counter rising production and labour costs, and build more resilient supply chains.
During January–September ****, apparel imports—the dominant product category—rose by *.** per cent to $**.*** billion, compared with $**.*** billion in the corresponding period of ****. In contrast, non-apparel imports fell by *.** per cent to $**.*** billion, as slower housing activity, cautious consumer spending, and order rationalisation by retailers softened demand for home textiles, industrial textiles, and made-ups.