Home / Knowledge / News / Textiles / US textile trade rebounds in January
US textile trade rebounds in January
14
Apr '08
January 2008 textile imports, at 1.5 billion (raw-fiber equivalent) pounds, were 7 percent above December but 6 percent below a year earlier. Imports of all major fibers and all major end-use categories rose from December 2007.

Cotton textile imports, at 825 million pounds, accounted for 57 percent of total monthly shipments and were 6 percent above imports in December 2007. Asian countries remain the dominant source of U.S. cotton textiles, accounting for 74 percent in January.

U.S. textile exports totaled 318 million pounds in January 2008, up 15 percent from December 2007 but 2 percent below a year ago. Increases in shipments of all major fibers, except silk, and all major end-uses, except floor coverings, occurred in January.

U.S. cotton textile exports, at 157 million pounds, were 19 percent above December 2007. Exports to other North American countries accounted for 91 percent of the January total, the same share as in January 2007.

The textile trade deficit for total fibers during January 2008 was 1.2 billion pounds, 7 percent below a year ago. Similarly, the cotton textile trade deficit declined 8 percent from January 2007.

Cotton's share of the textile trade deficit was 57 percent, the same as a year earlier. Textile trade deficits for manmade fibers, wool, silk, and linen also were below year-ago levels.

United States Department of Agriculture

Must ReadView All

Textiles | On 19th Jan 2017

Pakistan imposes duty on Indian fine cotton yarn

A provisional countervailing duty ranging from Rs 26.89 to Rs 55.8 a...

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Wendell Rodricks
Wendell Rodricks

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search