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US textiles exports dip 2.6% in Jan-Aug as key markets see decline

15 Oct '24
2 min read
range of $22–25 billion. US textiles exports dip 2.6% in Jan-Aug as key markets see decline
range of $22–25 billion. US textiles exports dip 2.6% in Jan-Aug as key markets see decline

Insights

  • US textile and apparel exports fell *.*% to $******** billion in Jan-Aug 2024, compared to 2023.
  • Exports to Mexico rose by *.*%, while exports to other key markets, including Canada and China, declined.
  • Apparel, fabric and yarn exports all saw decreases.
  • In 2023, exports dropped by *.*% after a *.*% rise in 2022, maintaining an annual range of $**–** billion.

Among the top ten markets, exports to Mexico rose by *.** per cent, reaching $*.*** billion between January and August ****.

Conversely, exports to Guatemala, the Dominican Republic, China, Nicaragua, Canada, Honduras, the United Kingdom, the Netherlands, and Japan fell by up to **.** per cent. During this period, the US exported $*.*** billion worth of textiles and apparel to Canada, $***.*** million to Honduras, $***.*** million to China, and $***.*** million to the Dominican Republic.

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