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US textile & apparel imports down 2.03% in H1 2017

10 Aug '17
2 min read

The import of textiles and apparel by United States declined 2.03 per cent in the first six months of 2017 to $49.461 billion, compared to imports valued at $50.484 billion in the corresponding period of the previous year. Apparel constituted the bulk of these imports valued at $37.247 billion, while non-apparel imports accounted for $12.214 billion.

China continued to be the largest supplier of textiles and clothing items to the US market. The US imports from China were valued at $16.799 billion, accounting for 36.44 per cent share of all textile and garment imports made by the US during January-June 2017, according to the Major Shippers Report (June 2017 data), released by the US department of commerce.

Vietnam, India, Bangladesh and Indonesia were the next four top suppliers of textiles and garments to the US, with goods valued at $5.671 billion, $3.905 billion, $2.707 billion and $2.412 billion, respectively, during the six-month period, the report showed.

Segment-wise, among the top ten apparel suppliers to the US, only Vietnam and Mexico were able to increase their exports by 5.52 per cent and 4.34 per cent year-on-year, respectively. On the other hand, imports from Bangladesh, Cambodia and El Salvador registered a decline of more than 5 per cent compared to the same period of the previous year.

In the non-apparel category, among the top ten suppliers, Mexico registered a positive growth of 9.49 per cent year-on-year, while Turkey and India saw their exports grow at 7.81 per cent and 7.65 per cent, respectively. Imports from Vietnam, Italy, Canada and China dropped by 19.08 per cent, 8.04 per cent, 8.74 per cent and 5.41 per cent to $282.631 million, $259.982 million, $344.056 million and $5.292 billion, respectively.

Of the total US textile and apparel imports of $49.461 billion during the period under review, cotton products were worth $22.183 billion, while man-made fibre products accounted for $24.741 billion, followed by $1.462 billion of wool products and $1.074 billion of products from silk and vegetable fibres.

In 2016, the US textile and apparel imports had declined by 6.44 per cent year-on-year to $104.722 billion, with apparel alone accounting for $80.713 billion. (RKS)

Fibre2Fashion News Desk – India

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