US textile & apparel imports up 4.74% in H1

17 Aug '15

2 min read

The United States imported textiles and apparel worth $52.350 billion in the first six months of 2015, registering an increase of 4.74 per cent over imports of $49.982 billion made in the corresponding period of last year, according to the Major Shippers Report, released by the US Department of Commerce.

The US imported $18.826 billion worth of textiles and garments from China, which accounted for 38.73 per cent share of all textile and garment imports made by the US in January-June 2015, the data showed.

Vietnam, India, Bangladesh and Indonesia were among the top five suppliers of textiles and garments to the US, with goods valued at $5.326 billion, $3.794 billion, $2.808 billion and $2.625 billion, respectively, during the six-month period.

Segment-wise, the US apparel imports during the first half of 2015 were valued at $39.076 billion, whereas non-apparel imports accounted for $13.274 billion.

Among the top ten apparel suppliers to the US, exports from Sri Lanka, Vietnam and India increased at a fast pace of 16.46 per cent year-on-year, 15.43 per cent and 10.02 per cent respectively to $999.834 million, $4.946 billion and $2.005 billion, during the period under review. On the other hand, Cambodia and Mexico saw their exports decline marginally by 145 per cent and 0.23 per cent, respectively, over the corresponding period of 2014.

In the non-apparel category, among the top ten suppliers, the import from India and Taiwan shot up by 13.30 per cent year-on-year and 10.79 per cent respectively to $1.788 billion and $247.894 million. While imports from Pakistan, Italy and Canada dropped by 3.15 per cent, 1.48 per cent and 0.81 per cent to $797.872 million, $297.334 million and $386.514 million respectively.

Of the total US textile and apparel imports of $52.350 billion during the first half, cotton products were worth $24.308 billion, while manmade fibre products accounted for $25.195 billion, followed by $1.701 billion of wool products and $1.145 billion of products from silk and vegetable fibres.

In 2014, the US textile and apparel imports increased by 2.61 per cent year-on-year to $107.460 billion, with apparel alone accounting for $81.780 billion. (RKS)

Fibre2Fashion News Desk – India

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