Many American clothing companies plan to gradually reduce imports from China

American fashion brands are overcoming their reliance on Chinese-made clothing imports. Due to inflation and US-China tensions, American apparel companies will reduce imports from China. On July 5, China Cotton Network reported that the apparel exports from Bangladesh to the US may be hit by US restrictions related to Xinjiang. The Bangladesh Garment Buyers Association (BGBA) previously issued an instruction urging its members to exercise caution when procuring raw materials from the Xinjiang region.
On the other hand, American buyers are looking to increase apparel imports from Bangladesh. The US Fashion Industry Association (USFIA) highlighted these issues in a recent survey of 30 US fashion companies.
A study revealed that over half (52%) of US apparel executives intend to increase sourcing from Bangladesh, while 15% of US fashion executives said they wish to decrease sourcing from Vietnam, and 11% from Cambodia and Sri Lanka. Additionally, 7% expressed similar intentions towards India and Indonesia.
In contrast, 78% of the surveyed businesses stated they plan to decrease imports from China within two years. Although US Republicans and Democrats have found common ground on some China policies, the response from the Chinese fashion industry adds another layer of uncertainty.
American fashion companies are expressing concerns over a negative shift in US-China relations. They are shifting their focus from China to other sourcing locations. This year, 40% of companies have less than 10% of their clothing needs met by imports from China. The import rate was 30% in 2022 and 20% in 2019. More significantly, nearly 61% of companies this year did not list China as a supplier, up from 50% in 2022.
Currently, Vietnam is the second largest source of imports after China. This is followed by Bangladesh, India, Cambodia, and Indonesia. Sources indicate that in 2022, the US imported over $10 billion worth of apparel products from Bangladesh. In this context, the USFIA's survey report is hopeful for Bangladeshi exporters.
Mohammad Hatem, Executive President of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), stated that due to geopolitical concerns, most brands and buyers are reluctant to source from China. These geopolitical factors create uncertainty for all buyers, prompting them to explore alternative sourcing destinations.
He stated that the Bangladesh apparel industry has become a reliable and stable supplier in the global market. Bangladesh's continued political stability in recent years has fueled the industry's growth, leading to significant export increases.
In this context, Shahidullah Azim, Vice President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said: “Western buyers are seeking alternatives for apparel sourcing outside of China, and Bangladesh has a clear advantage due to its strong capabilities, commitment to ethical production practices, and focus on a sustainable, environmentally friendly industry.”
Bangladeshi apparel entrepreneurs stated that potential additional orders for Bangladesh would not only boost the growth of the existing industry but also pave the way for creating numerous employment opportunities. They also believe Bangladesh must focus on improving infrastructure capacity to effectively meet future demands, particularly highlighting the need to enhance port and road connectivity.

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In 2023, cotton garment exports lagged far behind those of chemical fiber garments.

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

On March 3, Wang Yongqing, Vice President of Xiamen CNOOC Group, visited Tongzhou Group for investigation and guidance. Wei Gangmin, Chairman of our company; Huang Hongyu, President; Li Tao, Vice President; and Zhang Zhiyan, Director of the General Office, met with and participated in a symposium.

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Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance
Tongzhou Cotton Market Brief, Week 1 of March 2025

Tongzhou Cotton Market Brief, Week 1 of March 2025

1) This week's National People's Congress and the Chinese People's Political Consultative Conference (NPC & CPPCC) in China boosted market expectations for steady growth. In February, the Purchasing Managers' Index (PMI) for manufacturing stood at 50.2%, up 1.1 percentage points from the previous month, indicating a significant improvement in the manufacturing sector.

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Tongzhou Cotton Market Brief, Week 1 of March 2025
In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

In 2024, China's dyeing industry saw rapid export growth to ASEAN and RCEP member countries, exceeding the overall export growth rate. However, this growth was accompanied by a decline in prices. From January to December, China's exports of eight major dyeing products to ASEAN totaled 7.908 billion meters, a year-on-year increase of 12.14%, 4.61 percentage points higher than the overall export growth rate, accounting for 23.58% of total exports. The average export price was US\$1.19 per meter, a year-on-year decrease of 2.75%, 0.64 percentage points lower than the overall decline. Exports to RCEP member countries totaled 8.431 billion meters, a year-on-year increase of 11.35%, 3.82 percentage points higher than the overall export growth rate. The average export price was US\$1.17 per meter, a year-on-year decrease of 2.79%, 0.60 percentage points lower than the overall decline.

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In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.
President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

On February 28, Mr. Huang Hongyu, President of our company, was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference and, as a guest speaker at the "Xiangshan Roundtable," shared his views on the cotton market and trading opportunities.

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President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

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