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Textile and Apparel Imports Surge in March on Jump in Shipments from China, Vietnam

Tuesday, June 06, 2017
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 4.95 billion square meter equivalents in April, up 10.5 percent from March and 5.8 percent from April 2016. Textile imports totaled 2.98 billion SME, up 16.9 percent from March and 6.6 percent from the previous year, while apparel imports of 1.97 billion SME were up 2.1 percent from March and 4.7 percent from a year earlier.

Overall Imports. Total year-to-date imports were 19.6 billion SME, up 2.3 percent from the previous year, as textile imports gained 2.4 percent to 11.2 billion SME and apparel imports rose 2.2 percent to 8.41 billion SME.

For the year ending in April 2017 imports were 63.4 billion SME, up 0.2 percent from a year earlier, as textile imports gained 0.6 percent to 36.2 billion SME and apparel imports slipped 0.4 percent to 27.1 billion SME.

Source Countries. OTEXA has reported the following statistics on textile and apparel imports from major source countries for April 2017.

 

SME

Monthly change %

Annual change %

$ Value

Monthly change %

Annual change %

China

2.25 billion

+41.5

+14.7

$2.62 billion

+36.5

+6.6

Vietnam

406.3 million

+18.0

+19.7

$922.9 million

+10.9

+10.7

India

401.5 million

-14.6

-0.3

$626.2 million

-14.8

-0.7

Mexico

203.3 million

-7.2

-5.9

$348.8 million

-14.2

-6.3

Bangladesh

184.5 million

n/a

-1.3

$394.8 million

n/a

-7.1

Pakistan

176.6 million

-20.4

-11.0

$190.5 million

-20.8

-6.2

Indonesia

140.7 million

n/a

-3.9

$383.1 million

n/a

-3.5

Korea

135.6 million

-4.0

+9.1

$68.7 million

-3.8

-6.6

Canada

88.2 million

-0.1

-6.2

$94.9 million

-12.6

-10.0

Honduras

86.8 million

-16.5

+2.2

$188.4 million

-15.1

+1.6

Cambodia

77.0 million

-6.4

+6.1

$170.9 million

-0.9

-0.5

Turkey

72.4 million

+16.8

-2.0

$131.7 million

+21.0

+20.1

OTEXA has also reported the following statistics on textile and apparel imports from major source countries for the year-to-date in 2017.

 

SME

Change from 2016

$ value

Change from 2016

China

8.65 billion

+4.6

$10.5 billion

-6.0

India

1.70 billion

+6.0

$2.62 billion

+0.8

Vietnam

1.55 billion

+10.1

$3.76 billion

+5.7

Bangladesh

820 million

+1.4

$1.83 billion

-5.7

Pakistan

814 million

-0.43

$879 million

+0.5

Mexico

804 million

+1.8

$1.46 billion

+2.4

Indonesia

595 million

-4.3

$1.65 billion

-3.8

Korea

520 million

+3.41

$272 million

-6.8

Canada

340 million

-6.0

$396 million

+8.2

Honduras

337 million

+4.2

$745 million

+0.5

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