In the year ending July 2022, of all the U.S. apparel export markets which had grown by more than 25 percent compared to the previous year, China had the highest value, at approximately 180 million U.S. dollars.
U.S. Apparel market worldwide
Looking at a comparison of worldwide apparel markets by country, the U.S. is the largest, just ahead of China. As of 2021, Mexico was the largest importer of U.S. apparel by market value, at approximately 6.3 billion U.S dollars. Canada was close behind at 5.4 billion U.S. dollars. The demand for U.S. apparel around the world has seen considerable differences, however. While Europe has remained a strong importer of U.S. apparel, other regions such as Asia saw more variability.
U.S. online apparel market
The online retail of apparel has accounted for a larger share of the market each year. In 2020, the value of clothing e-commerce sales was over 105 billion U.S. dollars, up from 82 billion U.S. dollars in 2019.The change in consumer behavior has threatened other traditional forms of retail, as consumers begin to prefer shopping online. With this rise in online retail, however, consumers around the world are now able to shop U.S. apparel more easily.
Value of the five most valuable fast-growing markets for U.S. apparel exports in the year ending July 2022
(in million U.S. dollars)
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OTEXA. (September 7, 2022). Value of the five most valuable fast-growing markets for U.S. apparel exports in the year ending July 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/242153/value-of-the-leading-5-emerging-markets-for-us-apparel-exports/
OTEXA. "Value of the five most valuable fast-growing markets for U.S. apparel exports in the year ending July 2022 (in million U.S. dollars)." Chart. September 7, 2022. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/242153/value-of-the-leading-5-emerging-markets-for-us-apparel-exports/
OTEXA. (2022). Value of the five most valuable fast-growing markets for U.S. apparel exports in the year ending July 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/242153/value-of-the-leading-5-emerging-markets-for-us-apparel-exports/
OTEXA. "Value of The Five Most Valuable Fast-growing Markets for U.S. Apparel Exports in The Year Ending July 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 7 Sep 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/242153/value-of-the-leading-5-emerging-markets-for-us-apparel-exports/
OTEXA, Value of the five most valuable fast-growing markets for U.S. apparel exports in the year ending July 2022 (in million U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/242153/value-of-the-leading-5-emerging-markets-for-us-apparel-exports/ (last visited November 13, 2024)
Value of the five most valuable fast-growing markets for U.S. apparel exports in the year ending July 2022 (in million U.S. dollars) [Graph], OTEXA, September 7, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/242153/value-of-the-leading-5-emerging-markets-for-us-apparel-exports/