Category-wise, apparel exports increased by 25.55 per cent year-on-year to $5.505 billion, while the exports of yarn ($3.525 billion) and fabric ($6.710 billion) increased by 21.45 per cent and 4.01 per cent, respectively in the period under review. While made-up and miscellaneous article exports grew by 4.86 per cent to $3.157 billion.
Country-wise, Mexico (27.28 per cent) and Canada (24.04 per cent) together accounted for more than half of the total US textile and clothing exports during the period under review. The US supplied $5.223 billion worth of textiles and apparel to Mexico during the nine-month period, followed by $4.518 billion to Canada and $1.350 billion to Honduras.
In recent years, the US textile and clothing exports have remained in the range of $22-25 billion per annum. In 2014, they stood at $24.418 billion, while the figure was $23.622 billion in 2015, $22.124 billion in 2016, $22.671 billion in 2017, $23.467 billion in 2018, and $22.905 billion in 2019. The value had dropped to $19.330 billion in 2020 due to the COVID-19 pandemic but rose again in 2021 to $22.652 billion.
ALCHEMPro News Desk (KUL)
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