Sluggish Import Figures

Looking for the ray of hope, the Textile and apparel industry has got some respite with marginal slumps over couple of months, but still find hard to retain the business across the globe. The good times have yet to come, as the condition of Asian and European markets looking alternatives to sustain the position in the market.

Countries are not getting responses, which they are trying for, as country like China has registered marginal fall, which indicates try hard to achieve the deficit. On the other hand Asian countries like Vietnam and Bangladesh are doing good and registered healthy figures.

According to the United States imports for total textile and apparel, the import figures are mixed in comparison with last year segment. It shows the need for consumption has fallen and nations have to put more effort to create opportunity enhance business in export to United States.

The import data disclosed the figures in International market, as United States registered import from the world is US$ 24895.205 in April 2009, which was US$ 28661.205 in 2008 for the same month. The fall tells about the slowdown factor. The change is percentage is 13.26% for the year to date segment.

In the year to ending segment, the data revealed that United States has recovered from world is US$ 89385.2221 in April 2009, which was US$ 90427.495 in March 2009. The year change percentage is 6.54% and its shared total business of 100%.

China is also become victim of recession and registered negative figures in export. It has registered export to United States US$ 8455.301 in April 2009, which was US$ 8699.060 in 2008 for the same month. It is the influence of meltdown. The change in percentage is 2.80 % for the year to date segment.

In the year to ending segment the data disclose that United States has imported from China is US$ 32434.616 in April 2009 which was US$ 32468.425 in April 2008. The year change percentage is 1.08 % and its share total business of 36.29%.

India has not enjoyed the business to export the United States, as it registered slump in the figures. It received US$ 1698.010 in April 2009 which was US$ 1941.675 in 2008 in the same month. The change in percentage is -12.55% for the year to date segment. The downfall depressed the exporters.

In the year to ending segment the data disclose that United States has imported from India is US$ 4834.470 in April 2009 which was US$ 4899.738 in April 2008. The year change percentage is -6.73 % and its share total business of 5.41%.

Pakistan also failed to export to the United States as it registered fall in the figures it received US$ 825.035 in April 2009 which was US$ 931.020 in 2008 for the same month. The change in percentage is – 11.38% for the year to date segment which sent murk message for the last fiscal year.

In the year to ending segment the data disclose that United States has imported from Pakistan is US$ 2972.155 in April 2009 which was US$ 3013.923 in April 2008. The year change percentage is -5.72 % and its share total business of 3.33%.

European countries like Italy, France and Germany has also felt the heat of global slowdown. Italy has exported US$ 405.554 in April 2009 which was US$ 648.402 in 2008 for the same month. The change in percentage is – 37.45 % for the year to date segment.

In the year to ending segment the data disclose that United States has imported from Italy is US$ 1795.785 in April 2009 which was US$ 1850.265 in April 2008. The year change percentage is -19.39 % and its share total business of 2.01%.

France is another country which has not got impressive figures to cope up the situation of recession. The country has recorded US$ 87.348 in April 2009 which was US$ 130.816 in 2008 for the same month. The year change percentage is -33.23% for the year to date segment.

In the year to ending segment the data disclose that United States has imported from France is US$ 337.311 in April 2009 which was US$ 350.775 in April 2008. The year change percentage is -19.74 % and its share total business of 0.38%.

Germany too not received satisfying figure to cheer the last fiscal year. It has exported US$ 62.625 in April 2009 which was US$ 104.345 in 2008 for the same month. The year change percentage is -39.98 % for the year to date segment. The sluggish rate has made hard for the country.

In the year to ending segment the data disclose that United States has imported from Germany is US$ 245.904 in April 2009 which was US$ 258.456 in April 2008. The year change percentage is -25.13 % and its share total business of 0.28%.

Brazil has recorded negative export to the United States, as it registered drop in the figures. It received the US%58.017 in April 2009, which was US$ 86.670 in 2208 for the same month. The change in percentage is -33.06% for the year to date segment, which is not healthy for the country.

In the year to ending segment the data disclose that United States has imported from Brazil is US$ 214.728 in April 2009 which was US$ 219.585 in April 2008. The year change percentage is -27.80 % and its share total business of 0.24%.

Some nationals have received healthy figures, and Bangladesh is one of them. The result is enthusiastic for country, where it has secured exemplary figures. It has registered US$ 1268.568 for the April 2009 in comparison to the year 2008; it was US$1131.1665 for the same month. The annual change in percentage is 12.10 % in the year to date segment for the United States in export.

In the year to ending segment the data disclose that United States has imported from Bangladesh is US$ 3674.372 in April 2009 which was US$ 3651.387 in April 2008. The year change percentage is 12.94 % and its share total business of 4.11%.

Vietnam has also registered good results, which boost the figures to excellent. It has recorded US$ 1653.966 for the April 2009 in comparison to the year 2008; it was US$ 1573.026 for the same month. The annual change in percentage is 5.15 % in the year to date segment for the United States in export.

In the year to ending segment the data disclose that United States has imported from Vietnam is US$ 5506.204% in April 2009 which was US$ 5504.400 in April 2008. The year change percentage is 12.67 % and its share total business of 6.16%.

The above figures describe that the situation of export will take more time, as the figures of all big nations have slumped for the United States. As some are fortunate to get the business and able to retain their position but it is imperative for the policy makers of each nation to rethink over the reforms and put more effort to make healthy environment for the industry.

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