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US imports $40bn textiles & apparel in Jan-May'13
04
Jul '13
The US has imported $ 40.011 billion worth of textiles and apparel during the first five months of the current year, according to the data released by the Office of Textiles and Apparel (OTEXA), Department of Commerce.
 
China maintained its position as top supplier of textiles and apparel to the US by accounting for $ 14.45 billion worth of products imported by the US during the five-month period.
 
Among the top 5 suppliers of textiles and garments to the US from January to May 2013, Vietnam’s exports to the US grew the highest by 13.19 percent year-on-year to $ 3.338 billion.
 
India, Indonesia and Bangladesh were other major suppliers of textiles and clothing to the US during the period under review with exports valued at $ 2.735 billion, $ 2.33 billion and $ 2.196 billion, respectively.
 
Among the textiles and garment supplying countries, Norway was the most noticeable as its exports to the US skyrocketed by 624 percent to $ 13.145 million in January-May 2013 from mere $ 1.814 million registered during the year ago period.
 
Category-wise, US imported apparel worth $ 30.114 billion during the period under review, while the non-apparel segment imports were valued at $ 9.896 billion, according to the data.
 
On the basis of composition of textiles and apparel, the imports of cotton products by the US were worth $ 20.485 billion, followed by man-made fibre (MMF) items which accounted for $ 17.37 billion, and wool products made up for $ 1.221 billion.
 
In 2012, US imported $ 76.811 billion worth of apparel, and $ 24.12 billion worth of non-apparel textile items.
 

Fibre2fashion News Desk - India


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