Home / Knowledge / News / Textiles / US textile & apparel imports reflect positive trend
US textile & apparel imports reflect positive trend
26
Dec '11
After experiencing a fall in 2009, US's apparel and textile imports have shown a positive trend for the past two years, and have grown at a year-on-year rate of slightly over 15 percent to US$ 97.2 billion during the initial 10 months of the current year.

China, which has evenly maintained its exports of textile and apparel items to the US over the years, still contributes about 40 percent to the US's overall textile and apparel imports. The country exported US$ 40 billion worth of textiles and apparels to the US during January to October 2011.

Meanwhile, Vietnam has greatly excelled as an apparel powerhouse and now ranks as the second biggest supplier of apparels to the US. Since it joined the World Trade Organization in 2007, the Southeast Asian country has continuously grown to make apparel its biggest export item. Registering a year-on-year rise of around 18 percent, Vietnam exported US$ 7.2 billion worth of apparels and textiles to the US during the review period.

Likewise, India has also been increasing its apparel exports and it is now the third largest exporter of apparel and textiles to the US in terms of dollar value. The country exported US$ 5.9 billion worth of apparels to the US during the initial 10 months of the current year, a rise of 12.4 percent year-on-year.

Mexico, Pakistan, Indonesia, Honduras and Bangladesh are some of the other leading exporters of apparels to the US market.

While the US textile and apparel imports started moving positively after experiencing a 13.5 percent fall during 2009, its exports also started growing on a weak US dollar which pushed sales.

Meanwhile, the US textile and apparel producers are trying to go global and are exploring markets like Europe, Middle East and Asia, so as to counterbalance any setbacks in the US economy.

Textile and apparel exports from the US grew by about 15 percent to US$ 18.9 billion during January to October this year, as against exports worth US$ 16.45 billion recorded during the corresponding period last year.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

(left to right) Rohit Munjal, Ashok  Shah, Rahul Mehta, Premal Udani, Rajesh Masand and Jayesh  Shah

Textiles | On 28th Jun 2017

CMAI to host 822 exhibitors at 65th National Garment Fair

The Clothing Manufacturers Association of India (CMAI) will host over ...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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:
July 2017

July 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