US' textiles & apparel exports fell to $9.41 bn in Jan-May

Among the top ten export markets, shipments to Mexico fell by 7.36 per cent, totalling $2,783.006 million during January–May 2025. Exports to Honduras, the Dominican Republic, Canada, and China also declined, by up to 14.52 per cent. In contrast, exports to the Netherlands, Japan, the United Kingdom, Belgium, Guatemala, and Germany increased, with gains of up to 26.27 per cent.

During the same period, the US exported $2,102.128 million worth of textiles and apparel to Canada, $482.679 million to Honduras, $213.998 million to the Netherlands, $256.492 million to China, $160.618 million to Guatemala, and $251.461 million to the Dominican Republic—its key export destinations.

By category, apparel exports declined by 5.21 per cent year-on-year, totalling $2,759.974 million. Fabric exports eased by 1.50 per cent to $3,367.485 million, while yarn exports fell by 2 per cent to $1,684.033 million. Exports of made-up articles and miscellaneous items recorded a modest increase of 0.32 per cent, reaching $1,606.662 million.

In 2024, the US exported textiles and apparel worth $22.617 billion, reflecting 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)