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Textile and Apparel Imports Plunge from Nine of Top Ten Suppliers

Monday, January 12, 2015
Sandler, Travis & Rosenberg Trade Report

The Department of Commerce’s Office of Textiles and Apparel reported Jan. 7 that monthly imports of cotton, wool, manmade fiber, silk blend and non-cotton vegetable fiber textile and apparel products totaled 4.55 billion square meter equivalents in November, down 20.2 percent from October but up 2.2 percent from November 2013. Textile imports totaled 2.72 billion SME, down 15.8 percent for the month but up 4.6 percent from the previous year, while apparel imports of 1.83 billion SME fell 25.9 percent from October and 1.2 percent from a year earlier.

Imports of textiles and apparel totaled 54.7 billion SME for year-to-date November, up 4.7 percent from a year earlier. Textile imports rose 5.9 percent to 31.0 billion SME and apparel imports gained 3.1 percent to 23.3 billion SME.

For the 12-month period ending in November 2014, total imports of 59.09 billion SME were up 4.8 percent from the same period a year earlier and included 33.4 billion SME in textile imports (up 6.1 percent) and 25.6 billion SME in apparel imports (up 3.1 percent).

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 (SME)

Monthly change (%)

Year-on-year change (%)

China

2.26 billion

-21.3

+2.5

India

321.2 million

-27.8

+2.1

Vietnam

300.8 million

-18.6

+6.4

Pakistan

171.6 million

-24.8

-3.9

Mexico

195.2 million

-15.7

+2.4

Bangladesh

109.5 million

-23.3

-16.4

Indonesia

129.0 million

-19.0

+5.3

South Korea

113.3 million

+5.0

+9.5

Honduras

81.6 million

-27.5

-8.6

Cambodia

80.7 million

-19.6

-3.7

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