Q2 Imports Relatively Steady Despite Trade War Threat
With the threat of increased tariffs still somewhat speculative as importers placed their Q2 orders, sporting goods imports overall were up just 3.0% to $5,694.5 million from $5,528.2 million with sneaker imports slightly down 0.8% to $1,664.9 million against $1,658.8 million, sports apparel imports up 5.3% to $970.3 million against $921.8 million and equipment imports up 4.5% to $3,079.4 million against $2,947.6 million. There was some evidence that importers are shifting supply chains away from China as a result of the trade war as sporting goods imports from China were down 3.4% overall, failing to keep pace with the overall ... Log in to view full article.