#apparel export

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Finally! August ’20 is the month when China has surpassed its own garment export value which it totalled in the same month of 2019.

The way recovery is happening on a month-over-month basis in the Canadian RMG imports with all major countries being able to increase exports to Canada between 50-100 per cent, it will not take too long for the countries to come back to the export figures of the previous soon. China is the focal point of this growth.

The rising monthly apparel exports are now bringing China close to the level of 2019, gradually.

Mexico contributed 86 per cent in overall apparel shipment value of USA under NAFTA during H1 ’20, while Canada shared remaining 14 per cent.

USA might have seen growth in June ’20 on M-o-M basis; however, there is no sign of import getting back to the levels of the same month of 2019 when USA imported almost double T-shirts (US $ 1.84 billion) than what it has imported in June this year.

In a letter to the finance ministry, the Apparel Export Promotion Council said “the situation at all airports and seaports is precarious as there is inordinate delay caused on all import consignments which are held up due to 100% open examination by customs, who are not processing the documents for the shipments originated from China, Hong Kong and Taiwan”