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US textiles & clothing imports decline 12.28% by volume in 2023

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

Insights

  • In 2023, US experienced a **.** per cent decline in textile and apparel imports, totalling **,****.** MSME.
  • Apparel imports decreased by **.** per cent, while textile imports dropped by **.** per cent.
  • Exports also fell, with textile and apparel exports down by **.** per cent.
  • Yarn exports decreased by **.** per cent, and fabric exports by **.** per cent.

During the same period, apparel imports decreased by **.** per cent to **,***.** MSME. Textile (non-apparel) imports stood at **,***.** MSME in ****, a decline of *.** per cent from ****, according to the OTEXA report.

The exports of textile and apparel made from all types of fibres from the US fell by **.** per cent to *,***.** MSME in ****. The apparel exports decreased by *.** per cent to ***.** MSME. Yarn exports stood at ***.** MSME in the period under review, a decline of **.** per cent from ****. Meanwhile, fabric exports slipped by *.** per cent to ***.** MSME in ****, as per OTEXA.

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