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US textile & apparel exports down 6.44% in Jan-Sept '16

05 Dec '16
2 min read

The exports of textile and apparel from United States were down 6.44 per cent year-on-year in the first nine months of this year. The value of exports stood at $16.799 billion during January-September 2016 compared to $17.956 billion in the corresponding period last year, according to data from the Office of Textiles and Apparel, US department of commerce.

Category-wise, apparel exports declined by 7.29 per cent year-on-year to $4.225 billion, while textile mill products dipped 6.15 per cent to $12.573 billion during the first nine months of 2016.

Among apparel, the highest growth of 9.91 per cent was registered in exports of men's and boys' woven shirts, whereas a maximum decline of 37.80 per cent was seen in exports of women's and girls' suits.

Among textile mill products, yarn exports declined by 9.11 per cent year-on-year to $3.412 billion, while fabric and made-up article exports decreased by 5.57 per cent and 3.59 per cent respectively to $6.495 billion and $2.664 billion.

Country-wise, Mexico and Canada together accounted for nearly half of the total US textile and clothing exports during the period under review. The US supplied $4.525 billion worth of textiles and apparel to Mexico during the nine-month period, followed by $3.854 billion to Canada and $1.120 billion to Honduras.

In recent years, the US textile and clothing exports have remained in the range of $22-25 billion per annum. In 2011, they stood at $22.432 billion, while the figure was $22.656 billion in 2012, $23.665 billion in 2013, $24.418 billion in 2014 and $23.737 billion in 2015. (RKS)

Fibre2Fashion News Desk – India

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