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Vietnam gains bigger share of the US market with its apparel imports this Year

Related Keywords: cost per SME, cotton underwear, exporting more expensive garments, OTEXA data, US market, Vietnam apparel import, women’s and men’s cotton pants, women’s cotton knit tops, women’s manmade fiber knit tops

Vietnam is turning up to be a bigger part of the U.S. market in 2014 with its total apparel imports in the first nine months picking up a 1.2 percentage point share gain, from 10 percent in 2013 to 11.3% in 2014, according to the U.S. Department of Commerce’s Office of Textiles and Apparel (OTEXA) data released last week.

In September, U.S. apparel imports from Vietnam totaled a record $914 million, a 22.7% increase over last September, bringing the year-to-date total 15.6% to almost $7 billion.

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