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Textile and Apparel Imports Rebound in December, See Five Percent Gain in 2014

Monday, February 16, 2015
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 4.66 billion square meter equivalents in December 2014, up 2.4 percent from November and 9.2 percent from December 2013. Textile imports totaled 2.74 billion SME, up 0.7 percent for the month and 12.4 percent from the previous year, while apparel imports of 1.92 billion SME rose 4.9 percent from November and 5.0 percent from a year earlier.

Imports of textiles and apparel totaled 59.4 billion SME for all of 2014, up 5.0 percent from 2013. Textile imports rose 6.4 percent to 33.7 billion SME and apparel imports gained 3.2 percent to 25.6 billion SME.

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

           

Country

December imports (SME)

Monthly change (%)

Year-on-year change (%)

China

2.19 billion

-3.1

+5.9

India

334.8 million

+4.2

+17.8

Vietnam

322.7 million

+7.3

+12.6

Pakistan

208.9 million

+21.7

+18.9

Mexico

192.3 million

-1.5

+12.1

Bangladesh

135.6 million

+23.8

+20.9

South Korea

127.0 million

+12.1

+23.0

Indonesia

119.8 million

-7.1

+4.9

Honduras

95.5 million

+17.0

+3.7

Cambodia

76.6 million

-5.1

-4.0

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