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Textile and Apparel Imports Tumble in November

Thursday, January 09, 2014
Sandler, Travis & Rosenberg Trade Report

The Department of Commerce’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 4.45 billion square meter equivalents in November, down 14.3% from October but up 5.2% compared to October 2012. Textile imports totaled 2.60 billion SME, down 9.4% for the month but up 7.0% from the previous year, while apparel imports of 1.85 billion SME were down 20.3% from October but up 2.8% from a year earlier.

For the year-to-date as of November 2013 total imports of textiles and apparel were 52.3 billion SME, a 4.5% increase from the same period in 2012, as textile imports climbed 4.0% to 29.2 billion SME and apparel imports were up 5.1% to 23.0 billion SME. For the 12-month period ending in November total imports were 4.7% higher at 56.3 billion SME as textile imports rose 3.9% to 31.5 billion SME and apparel imports moved ahead 5.6% to 24.8 billion SME.

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

Country/Region

November imports

Monthly change

Year-on-year change

China

2.21 billion SME

-13.7%

+13.9

Vietnam

282.8 million SME

-10.4%

+12.3%

Taiwan

62.2 million SME

-23.3%

+22.3%

Hong Kong

6.3 million SME

-4.5%

+22.3%

Korea

103.4 million SME

-4.2%

-3.1%

Canada

85.0 million SME

+4.8%

+0.5%

Mexico

190.6 million SME

-11.2%

-3.3%

CAFTA-DR

232.4 million SME

-11.6%

-1.9%

CBI

23.6 million SME

-11.6%

-10.9%

ASEAN

561.1 million SME

-15.2%

+3.1%

South Asia

655.6 million SME

-18.6%

-5.6%

Turkey

44.8 million SME

-27.2%

-15.1%

Israel

40.5 million SME

+4.9

+12.2%

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