Textile Import Surge Powers Monthly Increase

Imports of textiles and apparel rose in February and were up significantly from a year earlier, according to statistics from the Department of Commerce’s Office of Textiles and Apparel.

For more information on trade-related issues affecting textiles and apparel, please contact ST&R’s textile and apparel practice leader Elise Shibles at (415) 490-1403 or via email. 

Overall Imports. Textile and apparel imports totaled 7.44 billion square meter equivalents in February, up 10.7 percent from January and 28.8 percent from a year earlier. Textile imports totaled 5.39 billion SME, up 14.0 percent for the month and 36.1 percent from the previous year, while apparel imports of 2.04 billion SME were up 2.5 percent from January and 12.9 percent from a year before.

Imports of textiles and apparel were 14.1 billion SME for the year to date in February, up 12.5 percent from the previous year. Textile imports were 10.1 billion SME, up 17.4 percent, while apparel imports totaled 4.03 billion SME, up 1.7 percent.

For the year ending in February 2024, total imports were down 7.2 percent compared to a year earlier, to 94.3 billion SME. Textile imports fell 2.7 percent to 69.9 billion SME while apparel imports plunged 18.1 percent to 24.4 billion SME.

Source Countries. OTEXA has reported the following statistics on textile and apparel imports from major source countries for February 2024.

Country	SME	Monthly change %	Annual change %	YE change %
China	2.38 billion	-12.8	+20.9	-5.7
India	826.6 million	+23.7	+47.6	-6.7
Turkey	614.5 million	+95.6	+43.9	-29.9
Malaysia	532.8 million	+85.5	+72.2	+23.2
Vietnam	513.9 million	+5.6	+18.9	-17.6
Czech Rep.	402.5 million	+202.2	+920.2	+62.2
Bangladesh	255.1 million	+33.4	+22.9	-29.7
Pakistan	242.4 million	+3.9	+11.2	-9.6
Egypt	224.4 million	-31.1	+970.1	+77.0
Mexico	183.5 million	+1.3	-32.7	+36.7

 

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