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Textile and Apparel Imports Plunge in November

Friday, January 08, 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 4.80 billion square meter equivalents in November, down 14.3 percent from October but up 5.4 percent from November 2014. Textile imports totaled 2.82 billion SME, 9.9 percent lower than October but up 3.4 percent from the previous year, while apparel imports of 1.98 billion SME fell 19.8 percent from October but rose 8.5 percent from a year earlier.

For the year ending in November, imports of textiles and apparel totaled 63.5 billion SME, up 7.6 percent from a year earlier. Textile imports rose 8.8 percent to 36.4 billion SME and apparel imports increased 6.1 percent to 27.1 billion SME.

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

Country

Nov. imports (SME)

Monthly change (%)

Year-on-year change (%)

China

2.31 billion

-16.3

+2.1

India

366.8 million

-3.3

+14.2

Vietnam

345.7 million

-11.0

+14.9

Pakistan

195.6 million

-21.2

+13.9

Mexico

183.2 million

-9.2

-6.1

Bangladesh

129.4 million

-34.8

+18.1

Indonesia

127.7 million

-18.1

-1.0

South Korea

114.2 million

+1.5

+0.8

Honduras

91.2 million

-8.5

+11.8

Cambodia

69.0 million

-33.0

-14.4

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