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Textile and Apparel Imports Increase Amid Mixed Results for Major Shippers

Monday, September 11, 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 5.82 billion square meter equivalents in July, up 4.3 percent from June and 2.1 percent from July 2016. Textile imports totaled 3.27 billion SME, down 1.5 percent for the month but up 3.8 percent from the previous year, while apparel imports of 2.55 billion SME were up 13.3 percent from July but down 0.1 percent from a year before.

 

Overall Imports. Total year-to-date imports were 36.5 billion SME, up 2.2 percent from the previous year, as textile imports gained 2.9 percent to 21.2 billion SME and apparel imports rose 1.4 percent to 15.3 billion SME.

For the year ending in July imports were 63.7 billion SME, up 1.4 percent from a year earlier, as textile imports increased 2.5 percent to 36.6 billion SME and apparel imports slipped 0.1 percent to 27.1 billion SME.

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

 

SME

Monthly change %

Annual change %

$ Value

Monthly change %

Annual change %

China

2.97 billion

+6.8

+1.6

$3.90 billion

+16.8

+0.8

Vietnam

449.1 million

+12.2

+19.5

$1.20 billion

+22.5

+12.6

India

423.7 million

-3.9

+7.1

$621.8 million

+2.1

+3.1

Pakistan

231.3 million

+14.2

+16.3

$259.2 million

+13.2

+10.1

Mexico

207.1 million

-9.6

+1.2

$410.3 million

-4.2

+13.9

Bangladesh

192.8 million

n/a

+2.7

$479.0 million

n/a

-7.3

Indonesia

134.8 million

-2.4

-17.0

$421.5 million

+7.2

-11.0

Korea

132.4 million

-4.4

-4.4

$74.2 million

-2.6

-17.0

Honduras

97.0 million

+0.5

-10.0

$242.2 million

+2.5

-6.3

Cambodia

91.3 million

+37.5

+16.5

$215.9 million

+37.0

+12.8

Canada

88.2 million

-2.0

-0.8

$106.8 million

+1.1

+10.9

Taiwan

82.7 million

+14.1

+15.6

$70.1 million

+21.7

+9.9

El Salvador

74.9 million

+16.3

-12.0

$188.5 million

+19.2

-6.0

Turkey

58.3 million

-15.1

-12.0

$123.7 million

+4.0

+7.8

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

17.0 billion

+4.0

$20.7 billion

-3.4

India

3.03 billion

+8.2

$4.53 billion

+3.0

Vietnam

2.80 billion

+9.9

$6.87 billion

+5.4

Pakistan

1.49 billion

+1.2

$1.61 billion

+0.7

Mexico

1.46 billion

+3.3

$2.72 billion

+6.8

Bangladesh

1.41 billion

+2.2

$3.19 billion

-5.2

Indonesia

1.00 billion

-6.1

$2.83 billion

-5.1

Korea

938 million

+1.5

$504 million

-4.3

Honduras

630 million

+0.1

$1.45 billion

-1.6

Canada

614 million

-4.4

$708 million

-3.9

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