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Textile and Apparel Imports Fall but Shipments from Vietnam, Korea, Cambodia Rise

Monday, February 12, 2018
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 4.99 billion square meter equivalents in December, down 8.1 percent from November but up 4.0 percent from December 2016. Textile imports totaled 3.08 billion SME, down 7.5 percent for the month but up 9.2 percent from the previous year, while apparel imports of 1.92 billion SME were down 8.1 percent from November and 3.5 percent from a year before.

For all of 2017 imports were 64.9 billion SME, up 3.2 percent from 2016, as textile imports rose 5.1 percent to 37.8 billion SME and apparel imports gained 0.8 percent to 27.1 billion SME.

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

 

SME

Monthly change %

Annual change %

$ Value

Monthly change %

Annual change %

China

2.45 billion

-9.3

+4.8

$2.75 billion

-11.3

+4.8

Vietnam

387.2 million

+5.8

+9.5

$870.9 million

-8.7

+5.8

India

376.6 million

-12.4

+2.7

$469.3 million

-16.9

-8.1

Pakistan

202.8 million

-12.9

-5.6

$199.3 million

-19.0

-9.7

Mexico

184.1 million

-13.6

+4.5

$358.9 million

-14.2

+2.9

Bangladesh

144.0 million

-11.4

-10.8

$350.1 million

-8.7

-7.5

Korea

130.8 million

+8.1

+12.5

$66.6 million

-1.3

-7.1

Indonesia

112.7 million

-2.4

-7.7

$311.5 million

-11.9

-4.3

Canada

84.4 million

-10.9

+24.4

$97.7 million

-16.4

+18.6

Cambodia

81.2 million

+6.8

+32.7

$164.6 million

-4.2

+22.8

El Salvador

70.2 million

-8.4

+6.3

$163.7 million

-7.7

+4.9

Honduras

67.4 million

-31.3

-27.3

$161.2 million

-27.4

-25.0

Taiwan

58.2 million

-11.7

-7.4

$49.1 million

-4.7

-3.7

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

 

SME

Change from 2016

$ value

Change from 2016

China

31.7 billion

+5.4

$38.7 billion

+0.6

India

5.15 billion

+7.0

$7.39 billion

+2.4

Vietnam

4.83 billion

+7.7

$12.2 billion

+7.7

Pakistan

2.52 billion

+1.7

$2.76 billion

+1.2

Mexico

2.51 billion

+3.8

$4.78 billion

+7.1

Bangladesh

2.24 billion

+2.1

$5.27 billion

-4.0

Indonesia

1.62 billion

-6.3

$4.76 billion

-2.9

Korea

1.60 billion

+3.1

$867 million

-4.1

Canada

1.08 billion

-3.9

$1.29 billion

+1.4

Honduras

1.07 billion

+1.7

$2.49 billion

+1.4

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