Home / Knowledge / News / Textiles / India's share steadily up in US textile & apparel imports
India's share steadily up in US textile & apparel imports
26
Sep '14
India’s share has been slowly and steadily increasing in total textile (non-apparel) and apparel imports made by the US in recent years.
 
In 2012, the US imported $2.854 billion worth of textiles from India, which accounted for 11.83 percent of the overall $24.120 billion textiles imported by the US, according to the data from the Office of Textiles and Apparel (OTEXA), U.S. Department of Commerce.
 
Last year, the US’ total textile imports were valued at $24.927 billion, of which, India contributed $3.087 billion or 12.38 percent.
 
In the year ending July 2014, India’s share in the US’ overall non-apparel (textile) imports increased further to 12.70 percent with the US importing $3.220 billion worth of goods from India, while the US’ total imports stood at $25.358 billion.
 
Similarly, India’s share in US’ overall apparel imports has also been growing at a slower pace. In 2012, India had a 3.96 percent share as it exported $3.041 billion worth of clothing to the US, whose total imports stood at $76.811 billion.
 
In 2013, India’s share marginally increased to 4.02 percent and it accounted for $3.0211 billion of the overall $79.797 billion worth of garments imported by the US.
 
India’s share in US apparel imports further increased to 4.12 percent in the year ending July 2014, with India contributing $3.327 billion to US’ total imports of $80.778 billion.
 
India’s share in US textile and apparel imports is likely to increase further in the coming years due to investor-friendly and export-oriented policies put in place by the Indian Government. The inclusion of the textile and garment indusry in the ‘Make in India’ campaign launched by Prime Minister Narendra Modi yesterday is expected to boost the Indian textile and clothing industry. (RKS)
 

Fibre2fashion News Desk - India


Must ReadView All

New Investment for traditional Myanmar textiles, weavers

Textiles | On 21st Oct 2018

New Investment for traditional Myanmar textiles, weavers

Myanmar Artisans Co Ltd, Turquoise Mountain and the DaNa Facility,...

Pak knitwear exporters plan environmental compliance

Textiles | On 21st Oct 2018

Pak knitwear exporters plan environmental compliance

Pakistani manufacturers and exporters of knitwear garments have...

Courtesy: Hyosung

Textiles | On 21st Oct 2018

Hyosung converting spandex plants into smart factories

Hyosung TNC, the textile and trading unit arm of Hyosung, is...

Interviews View All

Ghanshyam Ghoghari, Kimora Fashion

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Priyanka, Studio Priyanka Rajiv

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Binoy Ravjani, Hero's Fashion

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Mark Tokuhara,

Mark Tokuhara

Japan-based FitJoy, a shoe brand for women, has been in the footwear...

Manoj Sorathiya,

Manoj Sorathiya

Surat-based Sunrise Imports & Exports Co is a manufacturer and...

Suresh P Bagrecha,

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

Pierre Wiertz talks about the vast world of sustainable nonwovens and...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Bani Batra,

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

Leave your Comments


October 2018

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

news category


Related Categories:

Advanced Search