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2003-5-19 9:17:00
United states imports of woven cotton shirts in category 340 of consolidated in the first quarter and further expansion is expected until end of 2003.
US imports of cotton woven shirts for men and boys rose 23.64% in the first three months of the year in volume terms after decreasing by 3.31% in 2002.
In value terms, shipments still rose 20.85% at US$506 million after declining 20.85% in 2002 at US$1.92 billion.
In volume terms, Bangladesh was the main winner of the first quarter with a 43.61% rise in shipments to the United States. Bangladeshi exporters already ranked first in 2002 and now have 14.18% of all US imports in this category 340.
In addition, the US quota is far from being saturated with a fill rate of only 21.37% on 13 May, compared with a saturation of 82.70% in 2002.
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