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Textile and Apparel Imports Fall as Shipments from China, Vietnam, Cambodia Plummet

Friday, May 06, 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 4.23 billion square meter equivalents in March, down 19.0 percent from February and 22.2 percent from March 2015. Textile imports totaled 2.44 billion SME, down 14.4 percent from February and 23.0 percent from the previous year, while apparel imports of 1.79 billion SME were down 24.5 percent from February and 21.2 percent from a year earlier.

Total year-to-date imports were 14.5 billion SME, down 0.4 percent from the previous year, as textile imports fell 1.1 percent to 8.16 billion SME and apparel imports rose 0.6 percent to 6.34 billion SME.

For the year ending in March, imports of textiles and apparel totaled 63.5 billion SME, up 5.1 percent from the same period a year earlier, as textile imports increased 5.4 percent to 36.2 billion SME and apparel imports gained 4.8 percent to 27.3 billion SME.

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

Country

March imports (SME)

Monthly change (%)

Year-on-year change (%)

China

1.39 billion

-43.3

-42.1

India

442.5 million

+15.3

+1.4

Vietnam

309.4 million

-22.4

-22.6

Bangladesh

219.3 million

+7.9

-0.1

Pakistan

214.5 million

+8.8

-2.9

Mexico

207.3 million

+5.4

-4.2

Indonesia

157.9 million

-4.5

-12.4

South Korea

141.8 million

+20.2

-4.2

Canada

90.9 million

-1.1

+3.3

Cambodia

79.2 million

-22.0

-34.4

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