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Textile and Apparel Imports Down Another 7.1% in November

Monday, January 16, 2012
Sandler, Travis & Rosenberg Trade Report

The Department of Commerce’s Office of Textiles and Apparel reported Jan. 13 that monthly U.S. textile and apparel imports fell 7.1% in November compared to a year earlier following a 9.3% year-on-year drop in October. Imports of cotton, wool, manmade fiber, silk blends and non-cotton vegetable fiber textile and apparel products totaled 4.245 billion square meter equivalents in November, down from 4.637 billion SME in October. Textile imports dropped 1% to 2.47 billion SME while apparel imports plummeted 14.5% (following a similar 14.6% drop in October) to 1.78 billion SME.

For the year to date as of November, textile and apparel imports were down 2.7% from a year before to 49.9 billion SME. Textile imports fell 2.7% to 27.6 billion SME while apparel imports were down 2.8% to 22.29 billion SME. For the 12-month period ending in November, total imports fell 2.1% to 54.0 billion SME as textile imports slid 2.2% to 29.9 billion SME and apparel imports lost 2.1% to 24.1 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 November from Taiwan (2.5% to 68.2 million SME) and Korea (7.1% to 103.3 million SME) but fell from China (2.4% to 2.05 billion SME), Vietnam (7.5% to 239.7 million SME), Hong Kong (28.5% to 4.6 million SME), Canada (18.3% to 99.8 million SME) and Mexico (6.5% to 205.1 million SME).

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