All top 10 apparel shippers to Canada declined in their respective shipment to Canada. The worst fall was experienced by India with a Y-o-Y decline of 30 per cent, while China noted the least effect on its shipment and sunk only by 7.95 per cent.
China’s share not just remained the highest amongst all, but it increased from 2019 as well. The share of China was 37.57 per cent in total Canadian apparel import values in 2020, while it hovered around just 35 per cent in 2019.
Apart from China, only 2 countries noted fall in single-digit and they are Vietnam (down 9.54 per cent) and Turkey (down 8.59 per cent) and remaining all in top 10 fell heavily in double digits.
Y-o-Y % Change in Value-wise Apparel Exports to Canada from Top 10 Countries:
(Comparison between 2019 and 2020)
(Values in US $ million)
Countries | 2019 | 2020 | % Change |
World | 10,108.94 | 8,674.92 | (-) 14.19 |
China | 3,541.60 | 3,260 | (-) 7.95 |
Bangladesh | 1,296.35 | 1,015.95 | (-) 21.63 |
Vietnam | 1,063.18 | 961.71 | (-) 9.54 |
Cambodia | 1,009.66 | 873.30 | (-) 13.51 |
Italy | 312.87 | 233.53 | (-) 25.36 |
Indonesia | 293.35 | 223.23 | (-) 23.91 |
India | 317.91 | 222.85 | (-) 30 |
USA | 281.90 | 222.50 | (-) 21.07 |
Mexico | 245.42 | 183.75 | (-) 25.13 |
Sri Lanka | 201.45 | 165.07 | (-) 18.06 |
Turkey | 150.56 | 137.63 | (-) 8.59 |