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Textile and Apparel Imports Plummet as Shipments from Southeast Asia Tumble

Monday, April 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 4.71 billion square meter equivalents in February, down 14.1 percent from January and 9.7 percent from February 2016. Textile imports totaled 2.62 billion SME, down 14.4 percent from January and 8.0 percent from the previous year, while apparel imports of 2.09 billion SME were down 13.6 percent from January and 11.8 percent from a year earlier.

Total year-to-date imports were 10.2 billion SME, down 0.8 percent from the previous year, as textile imports fell 0.6 percent to 5.68 billion SME and apparel imports lost 1.0 percent to 4.51 billion SME.

For the year ending in February 2017 imports were 62.8 billion SME, down 2.8 percent from a year earlier, as textile imports fell 2.7 percent to 36.0 billion SME and apparel imports lost 3.1 percent to 26.9 billion SME.

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

Country

Feb. imports (SME)

Monthly change (%)

Year-on-year change (%)

China

2.08 billion

-23.8

-15.4

India

411.8 million

-0.6

+7.3

Vietnam

378.0 million

-10.5

-5.1

Bangladesh

204.6 million

-3.3

+0.6

Mexico

194.9 million

+4.3

-0.9

Pakistan

191.7 million

-14.2

-2.8

Indonesia

139.4 million

-11.2

-15.7

South Korea

115.3 million

-9.6

-2.3

Canada

82.3 million

n/a

-10.5

Cambodia

79.2 million

-10.2

-22.0

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