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US textile & apparel exports dip in early 2024: OTEXA data

10 Apr '24
2 min read
US' textiles & apparel exports down 3.2% to $3.69 bn in Jan-Feb 2024
US' textiles & apparel exports down 3.2% to $3.69 bn in Jan-Feb 2024

Insights

  • US textile and apparel exports fell by ***.** per cent to $****.*** billion in early 2024.
  • While shipments to Guatemala and China increased, those to the Dominican Republic and Canada declined.
  • Apparel exports dropped slightly, but made-up articles saw a small rise.
  • Overall, US textile exports have fluctuated from $**-** billion annually over recent years.

Among the top ten markets, textile and apparel shipments from the US to Guatemala rose by **.** per cent to $**.*** million, and to China increased by **.** per cent to $***.*** million in January-February ****. Exports to Nicaragua and Mexico also grew by *.** per cent and *.** per cent, respectively.

In contrast, shipments to the Dominican Republic, Canada, Honduras, the United Kingdom, the Netherlands, and Japan declined by up to **.** per cent. During the period under review, the US supplied textiles and apparel worth $*,***.*** million to Mexico, followed by $***.*** million to Canada, and $***.*** million to Honduras.

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