Home / Knowledge / News / Textiles / Textile trade up in May
Textile trade up in May
18
Aug '08
May 2008 textile imports, at 1.5 billion pounds, rose 8 percent from April, but were 6 percent below a year ago. Imports of all fibers, except silk, were above shipments in April.

Imports of all major end-use categories increased in May with apparel shipments up 8 percent (69 million pounds), compared with a month earlier.

Cotton textile imports, at 844 million pounds, were 10 percent above April but 5 percent below May 2007. Cotton imports from Asia rose to 598 million pounds, with China accounting for 37 percent of the region's total shipments.

Textile exports increased in May to 353 million pounds, up 2 percent from April but 3 percent below the 2007 level. Exports of all fibers, except silk, and all major enduse categories, except home furnishings, increased from April levels.

Cotton textile exports, at 173 million pounds, were 1 percent above April but 5 percent below May 2007. U.S. cotton textile exports to other North American countries, at 157 million pounds, were 1 percent above April and accounted for 91 percent of total shipments in May.

Overall, the May 2008 textile trade deficit was 1.1 billion pounds with cotton accounting for 59 percent of the total. The May deficit was 83 million pounds below a year earlier. Similarly, the deficit for the first 5 months of 2008 was 5.4 billion pounds, compared with 5.8 billion in 2007.

The cotton deficit, at 3.2 billion pounds, fell 6 percent during January-May compared with the corresponding period in 2007. The trade deficit also declined for manmade fibers, silk, and linen while expanding slightly for wool.

U.S. Department of Agriculture

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Eric Scholler
Groz-Beckert

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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