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Textile and Apparel Imports Up Again in August as Shipments from Asia Soar

Tuesday, October 29, 2013
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 5.39 billion square meter equivalents in August, up 1.9% from July and 7.0% compared to August 2012. Textile imports totaled 2.95 billion SME, up 3.9% for the month and 8.3% from the previous year, while apparel imports of 2.44 billion SME were virtually unchanged from July but up 5.5% from a year earlier.

For the year-to-date as of August 2013 total imports of textiles and apparel were 37.5 billion SME, a 3.8% rise from the same period in 2012, as textile imports climbed 2.2% to 21.0 billion SME and apparel imports were up 5.5% to 16.5 billion SME. For the 12-month period ending in August total imports were 3.2% higher at 55.4 billion SME as textile imports rose 1.6% to 30.8 billion SME and apparel imports moved ahead 5.3% to 24.6 billion SME.

With respect to specific sources, imports of textile and apparel products (except cotton and silk blend textiles) saw year-on-year increases in August from China (10.4% to 2.8 billion SME), Vietnam (16.0% to 309.8 million SME), Taiwan (17.5% to 84.2 million SME), Hong Kong (54.2% to 6.9 million SME), South Korea (2.8% to 111.4 million SME), Mexico (3.4% to 227.1 million SME), Caribbean Basin Initiative partners (4.4% to 25.6 million SME), Association of Southeast Asian Nations member countries (8.8% to 649.7 million SME), South Asia (5.8% to 773.2 million SME) and Turkey (4.6% to 66.1 million SME).

Imports declined from Canada (8.3% to 87.2 million SME), the DR-CAFTA region (2.9% to 260.2 million SME) and Israel (17.4% to 27.9 million SME).

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