Home breadcru News breadcru Trade breadcru  | US' textiles & apparel imports drop 22% to $71.3 bn in Jan-Aug 2023

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US' textiles & apparel imports drop 22% to $71.3 bn in Jan-Aug 2023

11 Oct '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • The United States saw a significant drop in textile and apparel imports, falling by **.*% to $*.* billion from January to August 2023, compared to $*.* billion in the same period last year.
  • China remains the top supplier, holding **.*% of the market.
  • Both apparel and non-apparel segments witnessed a decline in imports.

In January-August ****, the majority of US textile imports comprised apparel, amounting to $**.*** billion, down **.** per cent compared to $**.*** billion in January-August ****. Non-apparel imports accounted for $**.*** billion, a decline of ** per cent from $**.*** billion in the same period the previous year, according to the latest Major Shippers Report released by the US Department of Commerce. Both segments saw a decrease in inbound shipments. 

Among the top ten apparel suppliers to the US, imports from none of the countries registered an increase. The imports from China and Cambodia declined by **.** per cent and **.** per cent, respectively. Imports from Pakistan dropped by **.** per cent, Vietnam by **.** per cent, Indonesia by **.** per cent, Honduras by **.** per cent, Bangladesh by **.** per cent, and India by **.** per cent. 

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