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Textile and Apparel Imports Jump as Shipments from China, Korea Surge

Monday, September 08, 2014
Sandler, Travis & Rosenberg Trade Report

The DOC’s Office of Textiles and Apparel reports that monthly imports of cotton, wool, manmade fiber, silk blend and non-cotton vegetable fiber textile and apparel products totaled 5.42 billion square meter equivalents in July, up 8.0 percent from June and 2.5 percent from July 2013. Textile imports totaled 2.96 billion SME, up 3.5 percent for the month and 4.5 percent from the previous year, while apparel imports of 2.46 billion SME rose 13.4 percent from June and 0.2 percent from a year earlier.

Imports of textiles and apparel totaled 33.4 billion SME for year-to-date July, up 3.9 percent from a year earlier. Textile imports rose 5.4 percent to 19.1 billion SME and apparel imports gained 1.9 percent to 14.4 billion SME.

For the 12-month period ending in July 2014, total imports of 57.8 billion SME were up 4.9 percent from the same period a year earlier and included 32.7 billion SME in textile imports (up 6.8 percent) and 25.1 billion SME in apparel imports (up 2.6 percent).

With respect to specific sources, imports of textile and apparel products (except cotton and silk blend textiles) saw the following changes in June.

Country/Region

July imports

Monthly change

Year-on-year change

China

2.73 billion

+10.1 percent

+2.3 percent

India

357.4 million

n/a

+19.0 percent

Vietnam

328.0 million

-1.7 percent

+2.8 percent

Pakistan

223.4 million

n/a

+3.6 percent

Mexico

223.0 million

+5.1 percent

+1.0 percent

Bangladesh

179.1 million

n/a

-4.1 percent

Indonesia

147.1 million

n/a

-11.4 percent

South Korea

118.0 million

+6.9 percent

+5.8 percent

Honduras

105.3 million

n/a

+4.0 percent

Cambodia

82.3 million

n/a

-12.5 percent

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