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US textile & apparel imports rise 5.65% in Q1 2018

15 May '18
2 min read

The import of textiles and apparel by the United States increased by 5.65 per cent to $25.644 billion in the first three months of 2018, compared to imports valued at $24.272 billion in January-March 2017. With 36.82 per cent share, China was the largest supplier of textiles and clothing to the US during the quarter, followed by Vietnam with 11.52 per cent.

Apparel constituted the bulk of the textiles and garments imports made by the US in January-March 2018, and were valued at $19.228 billion, while non-apparel imports accounted for the remaining $6.415 billion, according to the latest Major Shippers Report, released by the US department of commerce.

Segment-wise, among the top ten apparel suppliers to the US, exports from Cambodia showed double-digit growth of 12.52 per cent year-on-year. On the other hand, imports from Indonesia and Sri Lanka registered a decline of 5.78 per cent and 10.36 per cent respectively, compared to the same period of the previous year.

In the non-apparel category, among the top ten suppliers, imports from Vietnam, China and Turkey shot up by 113.34 per cent, 34.91 per cent and 29.46 per cent year-on-year to $160.589 million, $2.831 billion and $264.139 million, respectively. Imports from Italy and Mexico too grew by 22.17 per cent and 13.30 per cent respectively.

Of the total US textile and apparel imports of $25.644 billion during the period under review, cotton products were worth $11.465 billion, while man-made fibre products accounted for $12.866 billion, followed by $710.895 million of wool products and $600.693 million of products from silk and vegetable fibres.

In 2017, the US textile and apparel imports had increased by 1.25 per cent year-on-year to $105.968 billion, with apparel alone accounting for $80.269 billion. (RKS)

ALCHEMPro News Desk – India

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