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Textile and Apparel Imports Increase; Shipments from China, Turkey Surge

Tuesday, October 10, 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 6.10 billion square meter equivalents in August, up 4.8 percent from July and 0.4 percent from August 2016. Textile imports totaled 3.40 billion SME, up 4.0 percent for the month and 2.1 percent from the previous year, while apparel imports of 2.70 billion SME were up 5.9 percent from August but down 1.6 percent from a year before.

Overall Imports. Total year-to-date imports were 42.6 billion SME, up 2.0 percent from the previous year, as textile imports gained 2.8 percent to 24.5 billion SME and apparel imports rose 0.9 percent to 18.0 billion SME.

For the year ending in August imports were 63.7 billion SME, up 1.7 percent from a year earlier, as textile imports increased 2.8 percent to 36.6 billion SME and apparel imports gained 0.2 percent to 27.1 billion SME.

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

 

SME

Monthly change %

Annual change %

$ Value

Monthly change %

Annual change %

China

3.27 billion

+10.1

+2.8

$4.29 billion

+10.0

+1.0

India

435.1 million

+2.7

+2.4

$630.4 million

+1.4

+2.3

Vietnam

408.4 million

-9.1

-9.0

$1.21 billion

+0.8

+4.4

Mexico

216.2 million

+4.4

-4.0

$420.4 million

+2.5

+5.7

Pakistan

186.3 million

-19.5

-3.4

$227.5 million

-12.2

+0.5

Bangladesh

176.4 million

-8.5

-1.4

$476.8 million

-0.5

-4.1

Korea

133.1 million

+0.5

+0.4

$79.1 million

+6.6

-0.3

Indonesia

126.0 million

-6.5

-9.1

$406.4 million

-3.6

-4.0

Honduras

103.0 million

+6.2

+1.6

$249.4 million

+3.0

+0.9

Cambodia

97.1 million

+6.4

+1.3

$221.2 million

+2.5

+4.3

Canada

90.6 million

+2.7

+3.1

$125.0 million

+17.0

+6.6

Turkey

78.2 million

+34.1

+13.6

$150.4 million

+21.5

+28.8

Taiwan

73.8 million

-10.8

-18.0

$64.9 million

-7.4

-11.0

El Salvador

73.1 million

-2.4

+5.5

$190.8 million

+1.2

+8.8

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

 

SME

Change from 2016

$ value

Change from 2016

China

20.3 billion

+4.0

$25.0 billion

-2.7

India

3.46 billion

+7.3

$5.15 billion

+2.9

Vietnam

3.20 billion

+7.1

$8.08 billion

+5.3

Mexico

1.68 billion

+2.6

$3.14 billion

+6.7

Pakistan

1.67 billion

+0.8

$1.84 billion

+0.7

Bangladesh

1.59 billion

+1.8

$3.66 billion

-5.1

Indonesia

1.13 billion

-6.4

$3.24 billion

-5.0

Korea

1.07 billion

+1.4

$583 million

-3.7

Honduras

733 million

+0.3

$1.70 billion

-1.2

Canada

705 million

-3.5

$833 million

-2.4

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