News
Print PDF

Textile and Apparel Imports Soar as Shipments from India, Vietnam, Korea Jump

Thursday, July 11, 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 6.11 billion square meter equivalents in May, up 16.4 percent from April and 7.9 percent from May 2018. Textile imports totaled 3.83 billion SME, up 19.3 percent for the month and 9.4 percent from the previous year, while apparel imports of 2.28 billion SME were up 11.8 percent from April and 5.5 percent from a year before.

Overall Imports. Total year-to-date imports were 27.8 billion SME, up 6.3 percent from the previous year, as textile imports gained 7.5 percent to 16.7 billion SME and apparel imports rose 4.5 percent to 11.1 billion SME.

For the year ending in May imports were 70.2 billion SME, up 6.6 percent from a year earlier, as textile imports increased 8.3 percent to 41.9 billion SME and apparel imports rose 4.2 percent to 28.3 billion SME.

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

                       

 

SME

Monthly change %

Annual change %

$ Value

Monthly change %

Annual change %

China

2.83 billion

+31.6

+7.4

$2.92 billion

+23.7

+0.3

India

559.8 million

+6.7

+12.4

$762.2 million

+5.4

+10.8

Vietnam

493.2 million

+16.5

+12.6

$1.16 billion

+7.4

+9.8

Pakistan

249.5 million

+10.9

+3.1

$266.0 million

+8.5

+5.8

Mexico

240.8 million

+9.2

+7.1

$396.1 million

+4.9

+3.3

Bangladesh

214.9 million

+4.7

+2.9

$543.7 million

+11.9

+20.7

Korea

201.8 million

+16.2

+22.3

$92.0 million

+16.0

+13.1

Indonesia

130.9 million

-5.9

+4.9

$384.6 million

-3.2

+2.1

Honduras

96.8 million

+11.1

+3.7

$242.4 million

+7.1

+3.7

Cambodia

91.7 million

-3.6

+27.8

$242.2 million

+8.9

+36.6

Taiwan

83.2 million

+6.7

+28.9

$60.1 million

+26.5

+18.5

Canada

82.0 million

+7.0

-23.0

$108.9 million

+22.6

-10.0

Turkey

78.5 million

+5.5

+7.0

$155.6 million

+5.8

+8.8

Germany

64.1 million

+6.0

+34.2

$44.4 million

-3.7

+19.6

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

To get news like this in your inbox daily, subscribe to the Sandler, Travis & Rosenberg Trade Report.

Customs & International Headlines