United States Of America : US textile trade rebounds in January

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US textile trade rebounds in January

14
Apr '08

January 2008 textile imports, at 1.5 billion (raw-fiber equivalent) pounds, were 7 percent above December but 6 percent below a year earlier. Imports of all major fibers and all major end-use categories rose from December 2007.

Cotton textile imports, at 825 million pounds, accounted for 57 percent of total monthly shipments and were 6 percent above imports in December 2007. Asian countries remain the dominant source of U.S. cotton textiles, accounting for 74 percent in January.

U.S. textile exports totaled 318 million pounds in January 2008, up 15 percent from December 2007 but 2 percent below a year ago. Increases in shipments of all major fibers, except silk, and all major end-uses, except floor coverings, occurred in January.

U.S. cotton textile exports, at 157 million pounds, were 19 percent above December 2007. Exports to other North American countries accounted for 91 percent of the January total, the same share as in January 2007.

The textile trade deficit for total fibers during January 2008 was 1.2 billion pounds, 7 percent below a year ago. Similarly, the cotton textile trade deficit declined 8 percent from January 2007.

Cotton's share of the textile trade deficit was 57 percent, the same as a year earlier. Textile trade deficits for manmade fibers, wool, silk, and linen also were below year-ago levels.

United States Department of Agriculture

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