18 Aug 23 2 min read
Insights
- In June 2023, the US saw a 16.7 per cent decline in textiles and clothing imports, amounting to 8,426.9 MSME.
- Apparel imports fell by over 25 per cent, reflecting economic uncertainty and reduced consumer spending.
- The year-to-date figures showed a 21.4 per cent decrease, with textiles down 18.0 per cent and apparel down 29.7 per cent from the previous year.
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