US' textiles & apparel exports drop slightly to $7.55 bn in Jan-Apr

Among the top ten export markets, shipments to Mexico fell by 5.19 per cent, totalling $2,227.917 million in January–April 2025. Exports to Honduras, the Dominican Republic, Canada, and China also declined by up to 8.52 per cent. In contrast, exports to the Netherlands, Japan, the United Kingdom, Belgium, Guatemala, and Germany increased, with gains of up to 18.51 per cent.

The US exported $1,681.173 million worth of textiles and apparel to Canada, $385.413 million to Honduras, $178.038 million to the Netherlands, $226.068 million to China, $128.037 million to Guatemala, and $200.711 million to the Dominican Republic—its key export destinations.

By category, apparel exports fell by 3.61 per cent year-on-year, totalling $2,209.298 million. Fabric exports rose by 0.16 per cent to $2,696.669 million, while yarn exports declined by 1.22 per cent to $1,362.518 million. Exports of made-up articles and miscellaneous items recorded a modest increase of 2.25 per cent, amounting to $1,284.537 million.

In 2024, the US exported textiles and apparel worth $22.617 billion, a 2.98 per cent decline from 2023. That year, apparel exports were valued at $7.084 billion, fabric at $8.049 billion, and yarn at $4.005 billion.

In 2023, US textile and apparel exports fell by 5.02 per cent to $23.617 billion, following a 9.77 per cent rise in 2022, when exports reached $24.866 billion, up from $22.652 billion in 2021. Over the past decade, annual exports have generally ranged between $22 billion and $25 billion, with notable figures including $24.418 billion in 2014, $23.622 billion in 2015, $22.124 billion in 2016, $22.671 billion in 2017, $23.467 billion in 2018, $22.905 billion in 2019, and $19.330 billion in 2020.

ALCHEMPro News Desk (KUL)