Among the top ten export markets, shipments to Mexico decreased by 6.69 per cent, reaching $1,082.150 million in January–February 2025. Exports to Honduras, Guatemala, the Dominican Republic, and China declined by up to 4.76 per cent. During this period, shipments to Canada, the Netherlands, Japan, the United Kingdom, and Germany showed an upward trend, with exports increasing by up to 33.05 per cent.
The US exported $833.896 million worth of textiles and apparel to Canada, $192.883 million to Honduras, $82.135 million to the Netherlands, $119.663 million to China, and $95.260 million to the Dominican Republic—its key markets for textile and apparel exports.
By category, apparel exports declined by 5.19 per cent year-on-year, totalling $1,051.989 million. Fabric exports fell by 0.12 per cent to $1,306.414 million, while yarn exports dropped by 3.17 per cent to $656.214 million. Exports of made-up articles and miscellaneous items saw a slight decrease of 3.27 per cent, amounting to $618.767 million.
The US exported textiles and apparel worth $22.617 billion in 2024, which was 2.98 per cent lower than the shipment value in 2023. In 2024, it exported apparel worth $7.084 billion, fabric worth $8.049 billion, and yarn worth $4.005 billion.
In 2023, US textile and apparel exports dropped by 5.02 per cent to $23.617 billion, following a 9.77 per cent increase in 2022, which had reached $24.866 billion compared to $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)
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