US' industrial textile imports grow to $3.1 bn, exports decline

The US had imported industrial textiles worth $2.995 billion, while exports were recorded at $2.038 billion in 2023. As the world’s largest economy and a major industrial producer, the US holds a commanding position in both imports and exports of industrial textiles, according to Fibre2Fashion's market insight tool TexPro.

In 2024, Mexico was the largest supplier of industrial textiles to the US, with a market share of 15.10 per cent. Inbound shipments from Mexico were valued at $472.875 million. Among the top five suppliers, imports from China amounted to $392.274 million (12.52 per cent), Canada $342.044 million (10.92 per cent), India $340.424 million (10.87 per cent), and Vietnam $250.637 million (8.00 per cent).

For US exports of industrial textiles, Mexico was also the largest market, with shipments worth $902.026 million, accounting for 45.82 per cent of total US industrial textile exports in 2024. Exports to Canada were valued at $337.565 million (17.15 per cent), Germany $64.483 million (3.28 per cent), China $61.459 million (3.12 per cent), and Indonesia $43.664 million (2.22 per cent), as per TexPro.

US has imported textile products and articles for technical uses; NEC (HS code 591190) of $641.854 million which was 20.49 per cent of its total imports of industrial textiles in 2024. It’s imports of textile fabrics; impregnated, coated, covered or laminated with plastics (code 590390) were valued at $483.319 million (15.43per cent), textile fabrics; impregnated coated, covered or laminated with polyurethane (code 590310) $348.127 million (11.11per cent), textile fabric; tyrecord of high tenacity yarn or polyester (code 590220) $204.929 million (6.54per cent) and textiles; fabric and felts endless or fitted with linking devices, of a king used in paper making or similar machines, weighing 650 g/m² or more (code 591132) $132.348 million (4.22per cent).

Textile fabrics; impregnated, coated, covered or laminated with plastics (code 590390) were the top product category in US exports of industrial textiles. Its outbound shipment was noted at $472.698 million, 24 per cent of total exports of industrial textiles in 2024. The exports of textile products and articles for technical uses (code 591190) were $405.991 million (20.62per cent), textile fabrics; impregnated coated, covered or laminated with polyurethane (code 590320) $360.788 million (18.32per cent), textile fabrics, rubberised; adhesive tape of a width not exceeding 20 cm (code 590610) $128.108 million and textile fabrics; impregnated, coated, covered or laminated with polyvinyl chloride (code 590310) at $113.073 million in the same year.

ALCHEMPro News Desk (KUL)