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Textile and Apparel Imports Tumble as Shipments from Major Sources Decline

Thursday, April 25, 2019
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 5.38 billion square meter equivalents in February, down 14.2 percent from January but up 1.8 percent from February 2018. Textile imports totaled 3.11 billion SME, down 15.3 percent for the month but up 3.4 percent from the previous year, while apparel imports of 2.27 billion SME were down 13.0 percent from January and 0.4 percent from a year before.

Overall Imports. Total year-to-date imports were 11.6 billion SME, up 7.2 percent from the previous year, as textile imports gained 9.5 percent to 6.77 billion SME and apparel imports rose 4.2 percent to 4.88 billion SME.

For the year ending in February imports were 69.4 billion SME, up 6.0 percent from a year earlier, as textile imports increased 8.2 percent to 41.3 billion SME and apparel imports rose 2.9 percent to 28.0 billion SME.

Source Countries. OTEXA has reported the following statistics on textile and apparel imports from major source countries for February 2019.

                       

 

SME

Monthly change %

Annual change %

$ Value

Monthly change %

Annual change %

China

2.48 billion

-17.3

-2.2

$2.92 billion

-19.3

-4.1

India

462.6 million

-12.2

+14.3

$673.0 million

-6.9

+5.3

Vietnam

449.1 million

-16.4

+12.4

$1.10 billion

-17.9

+8.1

Mexico

217.7 million

+2.2

+7.1

$356.6 million

+4.1

-6.0

Bangladesh

212.4 million

-4.8

-1.1

$523.9 million

-5.1

+11.8

Pakistan

201.2 million

-20.7

+0.9

$228.0 million

-16.5

+6.3

Korea

150.0 million

-22.2

+10.7

$67.8 million

-24.3

+5.2

Indonesia

138.5 million

-3.8

-2.4

$413.8 million

-3.9

+0.1

Cambodia

94.2 million

n/a

-2.7

$208.0 million

n/a

+4.7

Honduras

78.2 million

+26.5

-2.9

$209.9 million

+36.7

+7.4

Turkey

73.5 million

-12.8

+22.7

$139.1 million

-3.5

+13.4

Canada

73.0 million

+4.3

-15.0

$92.9 million

-3.5

-13.0

Taiwan

65.4 million

-17.5

+7.5

$43.7 million

-24.8

-13.0

Germany

56.8 million

-13.5

+31.4

$41.1 million

-4.4

+17.0

For more information on trade-related issues affecting textiles and apparel, please contact Elise Shibles at (415) 490-1403.

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