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Textile and Apparel Imports See Major Year-on-Year Jump

Tuesday, April 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 5.22 billion square meter equivalents in February, up 3.4 percent from January and 19.5 percent from February 2015. Textile imports totaled 2.85 billion SME, 0.7 percent lower than February but 19.7 percent higher than the previous year, while apparel imports of 2.37 billion SME were up 8.7 percent from January and 19.4 percent from a year earlier.

Total year-to-date imports were 10.3 billion SME, up 12.6 percent from the previous year, as textile imports rose 12.4 percent to 5.72 billion SME and apparel imports were up 12.8 percent to 4.55 billion SME.

For the year ending in February, imports of textiles and apparel totaled 64.7 billion SME, up 9.4 percent from a year earlier, as textile imports increased 10.1 percent to 36.9 billion SME and apparel imports gained 8.5 percent to 27.7 billion SME.

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

Country

Feb. imports (SME)

Monthly change (%)

Year-on-year change (%)

China

2.45 billion

-0.4

+23.2

Vietnam

398.5 million

+10.2

+35.7

India

383.8 million

+2.8

+12.7

Pakistan

197.2 million

-5.1

+3.4

Bangladesh

203.3 million

+2.1

+11.9

Mexico

196.6 million

+15.7

+1.8

Indonesia

165.4 million

+9.2

+25.9

South Korea

118.0 million

-0.6

+31.4

Cambodia

101.5 million

+31.8

+31.6

Canada

91.9 million

+9.3

+19.8

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