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Textile and Apparel Imports Surge in March

Friday, May 08, 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 5.44 billion square meter equivalents in March, up 24.5 percent from February and 30.7 percent from March 2015. Textile imports totaled 3.16 billion SME, up 32.8 percent for the month and 35.5 percent from the previous year, while apparel imports of 2.27 billion SME rose 14.6 percent from February and 24.5 percent from a year earlier.

Imports of textiles and apparel totaled 60.4 billion SME for the year ending in March, up 5.7 percent from a year earlier. Textile imports were up 6.8 percent to 34.4 billion SME and apparel imports were up 4.2 percent to 26.0 billion SME.

Total year-to-date imports were 14.6 billion SME, up 7.4 percent from the previous year, as textile imports jumped 8.4 percent to 8.25 billion SME and apparel imports gained 6.1 percent to 6.31 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

2.41 billion

+21.1

+61.8

India

436.2 million

+28.1

+20.7

Vietnam

399.8 million

+36.1

+29.5

Pakistan

220.8 million

+15.8

+2.4

Bangladesh

219.6 million

+20.9

+21.8

Mexico

216.4 million

+12.1

+6.3

Indonesia

180.3 million

+37.2

+0.6

South Korea

148.0 million

+64.8

+28.6

Cambodia

120.7 million

+56.5

+6.9

Honduras

102.0 million

+12.2

+8.5

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