US textile & apparel exports up 11.89% during Jan-Oct '2022

12 Dec '22

2 min read

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The exports of textile and apparel from the United States went up by 11.89 per cent year-on-year in the first ten months of this year. The value of exports stood at $21.039 billion during January-October 2022 compared to $18.802 billion in the same period of 2021, according to data from the Office of Textiles and Apparel, US department of commerce.

Category-wise, apparel exports increased by 24.10 per cent year-on-year to $6.189 billion, while the exports of yarn ($3.907 billion) and fabric ($7.454 billion) increased by 20.02 per cent and 3.62 per cent, respectively in the period under review. While made-up and miscellaneous article exports grew by 3.61 per cent to $3.487 billion.

Country-wise, Mexico (27.48 per cent) and Canada (23.97 per cent) together accounted for more than half of the total US textile and clothing exports during the period under review. The US supplied $5.810 billion worth of textiles and apparel to Mexico during the ten-month period, followed by $5.034 billion to Canada and $1.496 billion 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, $23.467 billion in 2018, and $22.905 billion in 2019. The value had dropped to $19.330 billion in 2020 due to the COVID-19 pandemic but rose again in 2021 to $22.652 billion.

Fibre2Fashion News Desk (KUL)

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