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US textile and apparel exports grow 3.99% in Jan'14
18
Mar '14
The exports of textile and apparel from United States increased by 3.99 percent to $1.861 billion in January 2014, compared to exports of $1.79 billion made during the corresponding period of last year, data from the U.S. Department of Commerce showed.
 
Category-wise, apparel exports rose marginally by 1.91 percent year-on-year to $437.174 million, while textile mill products jumped 4.65 percent year-on-year to $1.424 billion during the first month of the current year.
 
Among apparel, the highest growth of 126.78 percent was registered in exports of women’s and girls’ suits, whereas a maximum decline of 74.77 percent was seen in exports of jog and other athletic suits.
 
Among textile mill products, yarn exports grew the fastest by 9.12 percent year-on-year to $424.384 million, while fabric exports climbed 3.75 percent year-on-year to $719.487 million and made-up article exports increased marginally by 0.67 percent year-on-year to $280.751 million.
 
The exports of cotton broadwoven fabrics from the US increased by 11.36 percent year-on-year to $48.642 million, whereas man-made fibre (MMF) broadwoven fabric exports dipped 0.18 percent year-on-year to $86.809 million.
 
Country-wise, Mexico, Canada and China together accounted for more than half of the US textile and clothing exports in January 2014. The US supplied $499.245 million worth of textiles and apparel to Mexico during the month, followed by $405.808 million to Canada and $112.78 million to China.
 
In recent year, the US textile and clothing exports have been growing at a steady pace. They have grown from $19.752 billion in 2010 to $22.403 billion in 2011, $22.676 billion in 2012 and $23.66 billion in 2013.
 

Fibre2fashion News Desk - India


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