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Textile and Apparel Imports Up; Shipments Surge from India, Vietnam, Indonesia, Canada

Monday, December 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 6.02 billion square meter equivalents in October, up 1.5 percent from September and 6.0 percent from October 2016. Textile imports totaled 3.52 billion SME, up 5.1 percent for the month and 10.0 percent from the previous year, while apparel imports of 2.5 billion SME were down 3.1 percent from October but up 0.9 percent from a year before.

Overall Imports. Total year-to-date imports were 54.5 billion SME, up 3.1 percent from the previous year, as textile imports gained 4.6 percent to 31.4 billion SME and apparel imports rose 1.0 percent to 23.1 billion SME.

For the year ending in September imports were 64.5 billion SME, up 3.4 percent from a year earlier, as textile imports increased 5.2 percent to 37.3 billion SME and apparel imports gained 1.0 percent to 27.1 billion SME.

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

 

SME

Monthly change %

Annual change %

$ Value

Monthly change %

Annual change %

China

3.12 billion

-1.6

+5.5

$3.88 billion

-3.5

+5.7

India

484.4 million

+12.1

+19.7

$643.4 million

+13.3

+11.1

Vietnam

453.5 million

+9.4

+5.1

$1.2 billion

+10.1

+11.8

Mexico

224.2 million

+6.9

+9.8

$438.6 million

+4.3

+10.2

Pakistan

195.6 million

-9.2

+3.9

$231.5 million

-5.6

+3.2

Bangladesh

168.3 million

-5.6

+12.7

$430.0 million

-3.7

+2.7

Indonesia

141.8 million

+13.5

-1.8

$456.2 million

+14.9

+7.5

Canada

104.6 million

+13.9

+16.6

$128.5 million

+10.5

+16.6

Cambodia

95.8 million

-14.9

+3.2

$218.6 million

-4.5

-0.8

Honduras

82.7 million

-7.4

-6.1

$195.1 million

-6.7

+1.7

Turkey

77.0 million

+15.6

+12.3

$146.6 million

+11.5

+21.3

Taiwan

71.3 million

-8.7

+1.9

$59.8 million

-12.3

+1.2

El Salvador

66.0 million

+8.4

-1.0

$168.1 million

+10.1

+6.5

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

26.6 billion

+5.1

$32.9 billion

-0.6

India

4.4 billion

+8.5

$6.4 billion

+3.4

Vietnam

4.1 billion

+7.8

$10.4 billion

+7.1

Mexico

2.1 billion

+3.4

$4.0 billion

+7.6

Pakistan

2.1 billion

+2.0

$2.3 billion

+1.7

Bangladesh

1.9 billion

+2.8

$4.5 billion

-4.3

Indonesia

1.4 billion

-5.4

$4.1 billion

-2.9

Korea

1.3 billion

+2.1

$733 million

-3.7

Honduras

905 million

-1.5

$2.1 billion

-1.4

Canada

901 million

-0.6

$1.1 billion

-0.5

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