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US' textiles & apparel exports down 5% to $23.6 bn in 2023

16 Feb '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Textile and apparel exports from the US fell by ****.*2 per cent YoY to $**.*** billion in 2023.
  • Exports to the Netherlands rose by ***.*8 per cent and to Belgium/Luxembourg by **.*3 per cent, while exports to the UK grew by *.*2 per cent.
  • Shipments to China and Mexico increased, but declined to the Dominican Republic, Canada, Guatemala, Honduras, and Japan.

Among the top ten markets, textiles and apparel shipments from the US to the Netherlands rose by *.** per cent to $***.*** million, and to Belgium/Luxembourg increased by **.** per cent to $***.*** million in ****. Exports to the United Kingdom also grew by *.** per cent. Additionally, outbound shipments to China increased by *.** per cent and Mexico by *.** per cent during the period.

In contrast, shipments to the Dominican Republic, Canada, Guatemala, Honduras, and Japan declined by up to **.** per cent. During the last year, the US supplied textiles and apparel worth $*,***.*** million to Mexico, followed by $*,***.*** million to Canada, and $*,***.*** million to Honduras.

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