According to official statistics, Canada imported US $ 663.94 million worth of apparels in Feb. ’21, noting 1.41 per cent growth over Jan. ’21 and 8.35 per cent growth over Feb. ’20.
One country which has escalated its exports in the Canadian apparel market is Cambodia– the 2nd top apparel shipper to Canada – which shipped US $ 95.86 million worth of apparels and surged 53.29 per cent on monthly note.
On Y-o-Y basis, Cambodia’s apparel shipment got a boost of 89.46 per cent in Feb. ’21. With this impressive performance, the country’s share in total Canadian apparel import reached 14.43 per cent which is higher than what it was in Feb. ’20 (8.25 per cent).
On the other hand, China tumbled in its shipment to Canada by 13.55 per cent in Feb. ’21 as compared to Jan. ’21; however it grew marginally by 1.82 per cent on Y-o-Y basis to US $ 191.75 million.
With this somewhat negative performance, China’s share to Canadian apparel import value declined to 28.88 per cent in Feb. ’21 from 30.73 per cent in Feb. ’20.
The 3rd top shipper to Canada was Vietnam which clocked US $ 83.52 million from its apparel exports and grew 42.97 per cent on Y-o-Y basis. However, its shipment value decreased by 0.08 per cent on monthly note in Feb. ’21.
See the below table to know the performance and share of top shippers to Canadian apparel market –
|Canada’s Apparel Import Value from Top Shippers (Value in US $ million)|
|Country||2020 Jan||2020 Feb||2021 Jan||2021 Feb||% Change
(Feb. ‘21 over Jan. ‘21)
(Feb. ‘21 over Feb. ‘20)
|Share in Canadian Apparel Import Value (in %) – Feb. ‘21||Share in Canadian Apparel Import Value (in %) – Feb. ‘20|