US textile & apparel imports up 5.23% in Jan-April 2018
10 Jun 18 2 min read
The import of textiles and apparel by the United States increased by 5.23 per cent to $33.664 billion in the first four months of 2018, compared to imports valued at $31.992 billion in January-April 2017. With 36.41 per cent share, China was the largest supplier of textiles and clothing to the US during the four-month period, followed by Vietnam with 11.54 per cent.
Apparel constituted the bulk of the textiles and garments imports made by the US in January-April 2018, and were valued at $25.155 billion, while non-apparel imports accounted for the remaining $8.509 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 15.73 per cent year-on-year. On the other hand, imports from Indonesia and Sri Lanka registered a decline of 1.89 per cent and 6.66 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 and China shot up by 61.24 per cent, 25.37 per cent, 20.56 per cent and 20.23 per cent year-on-year to $226.417 million, $365.197 million, $194.783 million and $3.649 billion, respectively. However, imports from Taiwan fell by 0.87 per cent.
Of the total US textile and apparel imports of $33.664 billion during the period under review, cotton products were worth $15.030 billion, while man-made fibre products accounted for $16.904 billion, followed by $927.763 million of wool products and $801.514 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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