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US textiles & apparel exports dip 2.4% to $19.3 bn in Jan-Oct 2024

11 Dec '24
2 min read
US textiles & apparel exports dip 2.4% to $19.3 bn in Jan-Oct 2024
US textiles & apparel exports dip 2.4% to $19.3 bn in Jan-Oct 2024

Insights

  • US textile and apparel exports fell by *.*% to $****.*** billion in Jan-Oct 2024, down from $****.*** billion in the same period last year.
  • While exports to Mexico rose, other major markets including Canada, China, and the UK saw declines.
  • Fabric and yarn exports also decreased, continuing a trend of fluctuating annual export values between $** billion and $** billion over the past decade.

Among the top ten export markets, shipments to Mexico increased by *.** per cent, reaching $*.*** billion between January and October ****.

In contrast, exports to Guatemala, the Dominican Republic, China, Nicaragua, Canada, Honduras, the United Kingdom, the Netherlands, and Japan recorded declines of up to **.** per cent. During this period, the US exported $*.*** billion worth of textiles and apparel to Canada, $*,***.*** million to Honduras, $***.*** million to China, and $***.*** million to the Dominican Republic.

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