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Textile and Apparel Imports Fall 9.3% in October

Tuesday, December 13, 2011
Sandler, Travis & Rosenberg Trade Report

The Department of Commerce’s Office of Textiles and Apparel reported Dec. 9 that U.S. textile and apparel imports fell 9.3% in October compared to a year earlier following a 5.4% year-on-year drop in September. Imports of cotton, wool, manmade fiber, silk blends and non-cotton vegetable fiber textile and apparel products totaled 4.637 billion square meter equivalents. Textile imports dropped 4.5% to 2.55 billion SME while apparel imports plummeted 14.6% to 2.09 billion SME.

For the year to date, textile and apparel imports have declined 2.3% from a year before, to 45.7 billion SME. Textile imports have fallen 2.9% to 25.2 billion SME while apparel imports are down 1.6% to 20.5 billion SME. For the 12-month period ending in October, total imports fell 0.2% to 54.4 billion SME as textile imports slid 0.9% to 29.9 billion SME but apparel imports rose 0.8% to 24.4 billion SME.

With respect to specific sources, imports of textile and apparel products (except cotton and silk blend textiles) saw a year-on-year increase in October from Vietnam (3.4% to 287.7 million SME), Taiwan (0.3% to 68.8 million SME), Korea (16.7% to 106.8 million SME) and Turkey (28.1% to 66.0 million SME) but fell from China (9.9% to 2.28 billion SME), Hong Kong (42% to 4.7 million SME), Canada (4.3% to 112.3 million SME) Mexico (11.7% to 206.5 million SME) and Israel (13.4% to 31.5 million SME). Imports also fell from the following regions: DR-CAFTA (6.4% to 267.4 million SME), Caribbean Basin Initiative (5.6% to 291.3 million SME), Association of Southeast Asian Nations (5.1% to 613.2 million SME), South Asia (16% to 599.3 million SME) and European Union-15 (16.7% to 100 million SME).

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