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US' textiles & apparel exports down 4.4% in Q1 2024

11 May '24
2 min read
US' textiles & apparel exports down 4.4% in Q1 2024
US' textiles & apparel exports down 4.4% in Q1 2024

Insights

  • US textile and apparel exports fell by *.*% to $***** billion in Q1 2024, with decreases to key markets such as Mexico and Canada.
  • However, exports to Guatemala and China saw increases of *.*% and *.*% respectively.
  • Overall, exports have remained between $** billion and $** billion annually in recent years, despite fluctuations.

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-March ****. Exports to Nicaragua also grew by *.** per cent.

In contrast, shipments to the Dominican Republic, Mexico, 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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