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Textile and Apparel Imports Increase Amid Mixed Results for Major Shippers

Tuesday, August 08, 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 5.58 billion square meter equivalents in June, up 1.5 percent from May and 0.7 percent from June 2016. Textile imports totaled 3.32 billion SME, down 0.9 percent for the month but up 2.8 percent from the previous year, while apparel imports of 2.25 billion SME were up 5.1 percent from June but down 2.2 percent from a year before.

Overall Imports. Total year-to-date imports were 30.7 billion SME, up 2.3 percent from the previous year, as textile imports gained 2.7 percent to 17.9 billion SME and apparel imports rose 1.7 percent to 12.8 billion SME.

For the year ending in May imports were 63.6 billion SME, up 0.7 percent from a year earlier, as textile imports increased 1.5 percent to 36.5 billion SME and apparel imports slipped 0.4 percent to 27.1 billion SME.

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

 

SME

Monthly change %

Annual change %

$ Value

Monthly change %

Annual change %

China

2.78 billion

+6.5

+3.1

$3.34 billion

+11.7

-3.2

India

440.9 million

-5.0

+12.8

$609.2 million

-9.5

+4.7

Vietnam

400.3 million

+1.4

+4.7

$976.4 million

+4.7

-2.4

Mexico

229.0 million

+2.2

+7.0

$428.3 million

+0.9

+7.9

Pakistan

202.7 million

-15.5

-13.0

$229.0 million

-6.7

-10.0

Korea

138.5 million

-6.0

+2.6

$76.2 million

-2.2

-2.4

Indonesia

138.2 million

+2.4

+0.7

$393.3 million

+5.2

-0.8

Honduras

96.5 million

-3.4

-7.3

$236.3 million

+4.8

-7.1

Canada

90.0 million

-6.3

-7.6

$105.6 million

+6.3

-1.1

Taiwan

72.5 million

+8.5

-1.4

$57.6 million

+4.2

-11.0

Turkey

68.7 million

n/a

-5.7

$118.9 million

n/a

+7.1

Cambodia

66.4 million

n/a

-11.0

$157.6 million

n/a

-6.5

El Salvador

64.4 million

-8.7

-16.0

$158.2 million

-5.5

-13.0

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

14.0 billion

+4.5

$16.8 billion

-4.3

India

2.40 billion

+8.4

$3.91 billion

+3.0

Vietnam

2.35 billion

+8.2

$5.67 billion

+4.0

Pakistan

1.26 billion

-1.1

$1.35 billion

-0.9

Mexico

1.26 billion

+3.6

$2.31 billion

+5.6

Bangladesh

1.22 billion

+2.1

$2.71 billion

-4.9

Indonesia

868 million

-4.1

$2.41 billion

-4.1

Korea

806 million

+2.6

$426 million

-4.3

Honduras

533 million

+2.3

$1.21 billion

-0.6

Canada

526 million

-5.0

$601 million

-6.1

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