US textile & apparel imports up 4.76% in Jan-May 2018

09 Jul '18

2 min read

Courtesy: Magda Ehlers from Pexels

The import of textiles and apparel by the United States increased by 4.76 per cent to $42.438 billion in the first five months of 2018, compared to imports valued at $40.510 billion in January-May 2017. With 36.27 per cent share, China was the largest supplier of textiles and clothing to the US during the five-month period, followed by Vietnam with 11.63 per cent share.

Apparel constituted the bulk of the textiles and garments imports made by the US in January-May 2018, and were valued at $31.445 billion, while non-apparel imports accounted for the remaining $10.992 billion, according to the latest Major Shippers Report, released by the US department of commerce.

Segment-wise, among the top ten apparel suppliers to the US, exports from Cambodia showed double-digit growth of 15.26 per cent year-on-year. On the other hand, imports from Sri Lanka and Mexico registered a decline of 8.97 per cent and 3.02 per cent respectively, compared to the same period of the previous year.

In the non-apparel category, among the top ten suppliers, imports from Vietnam, Turkey, Italy, China and Mexico shot up by 39.76 per cent, 24.66 per cent, 20.25 per cent, 14.71 per cent, and 13.28 per cent year-on-year to $302.370 million, $460.271 million, $250.605 million, $4.772 billion, and $522.684 million respectively. However, imports from India fell by 0.26 per cent.

Of the total US textile and apparel imports of $42.438 billion during the period under review, cotton products were worth $18.865 billion, while man-made fibre products accounted for $21.397 billion, followed by $1.202 billion of wool products and $973.196 million of products from silk and vegetable fibres.

In 2017, the US textile and apparel imports had increased by 1.25 per cent year-on-year to $105.968 billion, with apparel alone accounting for $80.269 billion. (RKS)

Fibre2Fashion News Desk – India

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