Home / Knowledge / News / Apparel/Garments / US apparels imports up in value, down in volume
US apparels imports up in value, down in volume
17
Feb '12
The US, which sources about 95 percent of its apparel requirements from other countries, has registered a 9.2 percent year-on-year rise in its imports during the year ending November 30, 2011.

The country imported clothing and textile items worth US$ 101.3 billion during the year, as against imports of US$ 92.7 billion during the corresponding period of the previous year, according to the data released by the US Association of Importers of Textiles and Apparel.

The rise in apparel imports is mainly attributed to the sharp rise in the price of raw materials like cotton and polyester. The prices of cotton peaked to US$ 2.30 a pound in March 2011 from US$ 0.72 a pound in November 2010.

In terms of volume, however, apparel and textile imports by US declined by 2 percent during the year ending November 30, 2011. The country imported 54 billion square-metre equivalents (SME) of clothing items during the year, as against imports of 55.2 billion SME recorded during the previous year.

China was the largest exporter of apparel items to the US during the 12-month period, accounting for about 46 percent of all apparel and textiles imported by US firms. Vietnam and India were the second and the third largest exporters respectively, of clothing items to the US during the year.

The US apparel imports from China were worth US$ 40.6 billion during the period, a rise of 6.2 percent year-on-year. Volume-wise, however, the imports declined by 2.5 percent to 25.2 billion SME.

Vietnam exported US$ 7.2 billion worth of clothing and textiles to the US during the year, showing a year-on-year rise of 10 percent. In terms of volume, too, the US imports from Vietnam jumped by nearly 15 percent y-o-y to 9.85 billion SME.

The US apparel and textile imports from India surged by 11 percent y-o-y to US$ 6 billion during the year. Volume-wise, there was a growth of around 2 percent y-o-y to 3 billion SME.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X