As of 2023, the import value of articles of apparel and clothing accessories not knitted or crocheted to the US stood at $40.1 billion. The forecast for the period from 2024 to 2028 shows a gradual increase, starting at $40.314 billion in 2024 and reaching $41.246 billion by 2028. The year-on-year growth rate is modest, with slight increases observed annually.
Future trends to watch for include:
- Potential shifts in global supply chain dynamics influencing import patterns.
- Impacts of trade policies and tariffs on import costs and volumes.
- Growing consumer preferences for sustainable and ethically produced goods potentially affecting sourcing strategies.
- Evolving fashion trends and their impact on demand for specific apparel categories.