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US textiles exports dip 2.7% to $17.3 billion in Jan-Sept 2024

11 Nov '24
2 min read
US textiles exports dip 2.7% to $17.3 billion in Jan-Sept 2024
US textiles exports dip 2.7% to $17.3 billion in Jan-Sept 2024

Insights

  • In the first nine months of 2024, US textile and apparel exports fell by **.**76 per cent to $**.*** billion, down from $**.*** billion in 2023.
  • While exports to Mexico rose by **.**6 per cent, shipments to major markets like Canada, China, and the Dominican Republic declined.
  • Apparel, fabric, and yarn exports all saw decreases.
  • In 2023, exports fell by **.**2 per cent, following growth in 2022.

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

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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