Importers of textiles and apparel continued to diversify their sourcing in September, according to statistics from the Department of Commerce’s Office of Textiles and Apparel, as volumes from non-traditional suppliers continued to increase.
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 8.82 billion square meter equivalents in September 2022, down 3.5 percent from August but up 6.3 percent from August 2021. Textile imports totaled 6.14 billion SME, up 1.0 percent for the month and 13.3 percent from the previous year, while apparel imports of 2.68 billion SME rose 12.4 percent from August but fell 7.0 percent from a year before.
Total year-to-date imports were 85.0 billion SME, up 26.2 percent from the previous year, as textile imports rose 30.6 percent to 59.8 billion SME and apparel imports 16.9 percent to 25.2 billion SME.
Total imports for the year ending in September 2022 were 112.0 billion SME, up 27.3 percent from a year earlier. Textile imports gained 31.6 percent to 78.9 billion SME while apparel imports rose 18.3 percent to 33.1 billion SME.
Source Countries. OTEXA has reported the following statistics on textile and apparel imports from major source countries for September 2022.
Country
|
SME
|
Annual change %
|
YTD change %
|
YE change %
|
China
|
2.98 billion
|
-22.9
|
-2.5
|
-1.4
|
India
|
796.7 million
|
+24.4
|
+25.5
|
+28.6
|
Egypt
|
670.4 million
|
+66.6
|
+97.8
|
+150.4
|
Vietnam
|
618.6 million
|
+15.1
|
+17.7
|
+16.2
|
Turkey
|
434.4 million
|
+83.3
|
+197.9
|
+197.3
|
Mexico
|
397.3 million
|
+40.5
|
+64.8
|
+64.0
|
Malaysia
|
348.5 million
|
+1170
|
+353.0
|
+342.7
|
Bangladesh
|
302.5 million
|
+17.5
|
+29.7
|
+32.1
|
Pakistan
|
270.0 million
|
+8.6
|
+5.4
|
+7.1
|
Copyright © 2024 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.