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Lofty Imports from Laos in 2011

Posted by Cori Rogers on Wednesday, December 14, 2011 No Comments »
The tiny country of Laos has shown some not-so-tiny import increases in 2011. Laos’ import surge appears to be due to a spike that occurred in July and August. The increase surpassed last year’s dollar amounts by 20% in July and a whopping 71% in August (as displayed in the graph below).


So, what is the root behind this summer’s growth spurt? Ironically, it’s coffee. Laos’ coffee products have experienced a major climb in 2011 compared to the past two years (as seen in the graph below). Zepol’s TradeView™ data shows that coffee import totals, year-to-date, are more than twice the number from 2009 and over five times that of 2010. The result is an average increase of 363% in coffee imports to the United States in the past two years.

Besides a coffee boost, Laos has also shown a significant rise in textiles. Articles of clothing and apparel, the largest valued import from the country, are up 23% from last year at this time and 80% from 2009. The climb in Laotian imports is interesting and could be due to a variety of trade outliers, or possibly just over-caffeinated workers. Either way, little Laos is doing big things.       
Category: General | News

U.S. Imports of Jute Increase as Environmental Awareness Rises

Posted by Chelsea Craven on Wednesday, September 07, 2011 No Comments »
Also known as the “golden fiber”, jute is a bio-degradable, natural fiber grown in several countries in Asia. In a recent article by BBC News, they explain the process of cultivation as well as the recent popularity of jute that has rebounded amid environmental concerns. Before the 1980s, jute was a widely-used fiber, until synthetic materials, such as plastic, were introduced. Now, worldwide demand for jute is coming back strong, and production is booming in places like Bangladesh. New uses are continuing to be discovered and there is even talk about blending jute fabric with cotton to produce denim, something that could potentially ease the recent spike in cotton prices. Below is a U.S. import trend of jute, top countries supplying jute, and top importers of the product. Data was collected using Zepol’s powerful Bill of Lading database, TradeIQ™.

       
Category: General | News

U.S. Imports from Haiti Rebounding

Posted by Chelsea Craven on Thursday, December 16, 2010 1 Comments »

United States imports from Haiti have seen a significant rebound in recent months since the devastating earthquake in January. Initially, imports from the country dropped steeply in January, as much of the country’s infrastructure and roadways were severely damaged. The rebound has been quick, but turbulent. In the months of June and September, most notably, imports reached levels not seen in the last two years, with $60.7 million and $60.6 million respectively. This is a positive sign for the country as they continue to face challenges in the recovery process. 

Although imports from Haiti have risen this year, the diversity of products remains very low. With over 90% of all imports in the apparel sector, the country is heavily dependant on factory work. Other imported products from Haiti include fruits and nuts, oils, and cosmetics. The majority of shipments are coming from the capital city, Port au Prince, and entering the U.S. through the port of Miami. With U.S. imports from Haiti the highest in years, we hope this trend will continue in the upward direction as the country continues to recover.
 
Category: General

Zepol 2009 T-Shirt Import Report

Posted by Kevin Palmstein on Monday, July 26, 2010 No Comments »
Zepol has created a report on U.S. t-shirt imports in 2009. The report provides import information for each 10 digit HTS code for all of the related products under HTS code 6109 (t-shirts) and sheds light on key consignees, countries, and ports as they relate to U.S. t-shirt imports.

3 Key Insights Found in the Report:

  1. 2009 value for women’s or girls’ cotton underwear imports dropped 43.5% from 2008
  2. With $839,753,818 imported in 2009, the Port of Los Angeles, CA received the most t-shirt import shipments
  3. T-shirt exports from China grew 59.2% from 2008 to 2009
To download the report, please click this link.

Zepol is pleased to provide this information to the public. Please let us know if you have any questions about the contents of our report by filling out our Contact Me form.

Category: General