US apparel imports from China, by value, dropped from almost 30 per cent in 2019 to 20 per cent in the first half of 2020, now on par with Vietnam. Photo: Reuters US apparel imports from China, by value, dropped from almost 30 per cent in 2019 to 20 per cent in the first half of 2020, now on par with Vietnam. Photo: Reuters
US apparel imports from China, by value, dropped from almost 30 per cent in 2019 to 20 per cent in the first half of 2020, now on par with Vietnam. Photo: Reuters
China economy

China no longer top clothes exporter to US as Vietnam gains market share

  • The coronavirus, as well as the US-China trade war, boosted Vietnam’s apparel exports to the US, while China’s market share dropped
  • Chinese exporters slashed prices to try to maintain market share amid weaker foreign demand

Topic |   China economy
US apparel imports from China, by value, dropped from almost 30 per cent in 2019 to 20 per cent in the first half of 2020, now on par with Vietnam. Photo: Reuters US apparel imports from China, by value, dropped from almost 30 per cent in 2019 to 20 per cent in the first half of 2020, now on par with Vietnam. Photo: Reuters
US apparel imports from China, by value, dropped from almost 30 per cent in 2019 to 20 per cent in the first half of 2020, now on par with Vietnam. Photo: Reuters
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