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Textile and Apparel Imports Gain as Shipments from South Asia Jump

Tuesday, December 09, 2014
Sandler, Travis & Rosenberg Trade Report

The Department of Commerce’s Office of Textiles and Apparel reported Dec. 5 that monthly imports of cotton, wool, manmade fiber, silk blend and non-cotton vegetable fiber textile and apparel products totaled 5.70 billion square meter equivalents in October, up 2.3 percent from September and 9.8 percent from October 2013. Textile imports totaled 3.23 billion SME, up 7.3 percent for the month and 12.3 percent from the previous year, while apparel imports of 2.47 billion SME fell 3.5 percent from September but were up 6.8 percent from a year earlier.

Imports of textiles and apparel totaled 50.2 billion SME for year-to-date October, up 4.9 percent from a year earlier. Textile imports rose 6.1 percent to 28.3 billion SME and apparel imports gained 3.5 percent to 21.9 billion SME.

For the 12-month period ending in October 2014, total imports of 58.9 billion SME were up 5.0 percent from the same period a year earlier and included 33.3 billion SME in textile imports (up 6.3 percent) and 25.6 billion SME in apparel imports (up 3.4 percent).

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

Country/Region

October imports (SME)

Monthly change (%)

Year-on-year change (%)

China

2.87 billion

-1.0

+11.8

India

443.5 million

+27.0

+20.9

Vietnam

369.5 million

+0.7

+17.0

Pakistan

228.2 million

+31.1

-1.4

Mexico

231.6 million

+7.3

+7.9

Bangladesh

142.8 million

+15.4

-15.0

Indonesia

159.2 million

+28.9

+4.3

South Korea

107.9 million

-2.3

+10.6

Honduras

112.5 million

-2.8

+20.3

Cambodia

100.4 million

-14.7

-5.0

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