Background

Imports of textiles and apparel fell again in January and were also lower than 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 6.72 billion square meter equivalents in January, down 2.7 percent from December and 1.4 percent from a year earlier. Textile imports totaled 4.73 billion SME, down 7.6 percent for the month but up 1.5 percent from the previous year, while apparel imports of 1.99 billion SME were up 10.6 percent from December but down 7.6 percent from a year before.

For the year ending in January 2024, total imports were down 10.9 percent to 92.7 million SME. Textile imports fell 6.6 percent to 68.5 billion SME while apparel imports plunged 21.0 percent to 24.2 billion SME.

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

Country

SME

Monthly change %

Annual change %

YE change %

China

2.73 billion

+9.6

+19.9

-9.4

India

668.3 million

-26.7

-4.2

-11.1

Vietnam

486.5 million

+9.9

-3.5

-20.1

Egypt

325.8 million

+1329

+505.2

+55.6

Turkey

314.2 million

-30.2

-35.3

-32.5

Malaysia

287.3 million

-43.5

-27.6

+14.4

Pakistan

233.3 million

-18.8

-21.5

-12.0

Bangladesh

191.2 million

+5.6

-35.6

-32.6

Mexico

181.2 million

-49.4

-39.1

+40.3

Czech Rep.

133.2 million

n/a

+51.4

+20.2

 

Copyright © 2024 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.

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