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US textile & apparel exports grow 3.52% in Jan-August 2013
30
Oct '13
The value of exports of textiles and apparel from the United States grew at 3.52 percent year-on-year to $ 15.766 billion during the first eight months of the current year, according to the data from the Office of Textiles and Apparel (OTEXA), Department of Commerce.
 
Of this, the value of apparel exports registered$ 3.779 billion, registering a growth of 2.97 percent year-on-year, while exports of textile mill products grew by 3.7 percent year-on-year to $ 11.986 billion, according to the data.
 
Among the textile mill products, fabric exports from the US rose by 4.43 percent year-on-year to $ 6.011 billion, while yarn and made-up articles exports increased by 2.24 percent and 4.03 percent to $ 3.516 billion and $ 2.458 billion, respectively, during the eight-month period.
 
Of the total textile and clothing exports made by the US in January-August 2013, NAFTA countries accounted for $ 7.323 billion, while CAFTA-DR countries accounted for $ 2.099 billion and EU-28 for $ 1.701 billion.
 
In 2012, the US textile and garment exports stood at $ 22.676 billion, of which, textile mill products earned $ 17.137 billion and apparel fetched $ 5.539 billion.
 
The US imports greater quantity of textiles and apparel for its domestic market compared to its exports, and during the first seven months of 2013, the country imported textiles and clothing worth $ 59.014 billion, according to the Major Shippers Report.
 
Apparel constitutes a major part of the US imports, and during January-July 2013 period, the country imported clothing valued at $ 44.701 billion, while non-apparel imports accounted for $ 14.313 billion.
 

Fibre2fashion News Desk - India

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