US textile & apparel exports stable in Jan-May '19

Category-wise, apparel exports increased by 4.69 per cent year-on-year to $2.481 billion, while textile mill products dipped 2.02 per cent to $7.187 billion during the first five months of 2019.

Among apparel, the highest growth of 46.11 per cent was registered in exports of jogging and other athletic suits, whereas a maximum decline of 22.58 per cent was seen in exports of women’s and girl’s suit-type jackets & coats.

Among textile mill products, yarn exports declined by 4.15 per cent year-on-year to $1.831 billion, while fabric exports decreased by 1.93 per cent to $3.788 billion, made-up article exports increased by 0.35 per cent to $1.566 billion.

Country-wise, Mexico and Canada together accounted for nearly half of the total US textile and clothing exports during the period under review. The US supplied $2.575 billion worth of textiles and apparel to Mexico during the five-month period, followed by $2.150 billion to Canada and $671.548 million to Honduras.

In recent years, the US textile and clothing exports have remained in the range of $22-25 billion per annum. In 2014, they stood at $24.418 billion, while the figure was $23.622 billion in 2015, $22.124 billion in 2016, $22.671 billion in 2017 and $23.467 billion in 2018. (PC)

Fibre2Fashion News Desk – India