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Textile and Apparel Imports Slide in December but See Solid Gain for 2015

Friday, February 12, 2016
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 4.70 billion square meter equivalents in December, down 2.1 percent from November but up 0.8 percent from December 2014. Textile imports totaled 2.68 billion SME, 5.0 percent lower than November and down 2.4 percent from the previous year, while apparel imports of 2.02 billion SME were up 2.0 percent from November and 5.4 percent from a year earlier.

For all of 2015, imports of textiles and apparel totaled 63.5 billion SME, up 7.0 percent from 2014. Textile imports rose 7.7 percent to 36.3 billion SME and apparel imports increased 6.1 percent to 27.2 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 and 2015.

Country

December imports (SME)

Monthly change (%)

Year-on-year change (%)

Annual change (2014 vs. 2015)

China

2.19 billion

-5.2

+0.1

+8.0

India

334.3 million

-8.9

-0.2

+7.2

Vietnam

331.3 million

-4.2

+2.7

+9.7

Pakistan

226.8 million

+16.0

+8.6

+5.0

Mexico

165.7 million

-9.6

-13.8

-5.1

Bangladesh

160.4 million

+24.0

+18.3

+16.3

Indonesia

123.4 million

-3.4

+3.1

+3.1

Korea

114.9 million

+0.8

-9.5

+7.7

Honduras

92.7 million

+1.6

-2.9

+1.8

Cambodia

83.3 million

+20.7

+8.8

+4.3

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