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Canadian apparel imports grew to $8.676 billion in 2020 from $10.111 billion in 2019 shipments, but are back to $9.675 billion in 2021. The country imported apparel worth $9.663 billion in 2018 and $9.248 billion in 2017. Fibre2Fashion’s market insight tool TexPro.
Canada’s apparel imports are projected to grow 28.34 percent to $12.417 billion in 2022, with China remaining the largest supplier, accounting for more than 30 percent of imports. Imports were down in 2020, but bounced back in 2021. Highest import levels were seen in 2022, and imports were not affected by inflation or economic concerns.
Apparel imports to Canada to reach highest level in 2022. In terms of value, imports were unaffected by inflation and economic concerns. On a quarterly basis, imports declined to $2.454 billion in Q1 of 2022 as compared to $2.656 billion in Q4 of 2021 and $2.798 billion in Q3 of 2021. They increased to $2.931 billion in the second quarter of 2022 and $3.986 billion in the third quarter of 2022, falling again to $3.044. Billion in Q4 2022.
China was the largest supplier of apparel to Canada in 2022, accounting for 30.68 percent of total imports. Among the top five suppliers, Vietnam accounted for 14.28 per cent of the total trade, Bangladesh 14.15 per cent, Cambodia 10.45 per cent and India 3.37 per cent. Texpro.
Fibre2Fashion News Desk (KUL)