Central America erodes China’s apparel sales to US
China's share of US imports is declining in footwear and apparel, and sourcing is shifting to other regions such as Central America.
The shift is evident in three key categories of labor-intensive product, categories most easily prone to source-country shifting due to the impact higher costs have on the goods' competitiveness.
In the case of menswear, imports from the Indian Subcontinent and Central America were up by 22 percent and 57 percent, respectively, year to date.
Original source: PRNewswire (press release)