Trade

Imports Of Textile & Apparels By US Increases By 28.14%

Imports Of Textile & Apparels By US Increases By 28.14%

US imports of textiles and apparel increased 28.14% to $ 71.36 billion in the first eight months of 2021, compared to $ 55.695 billion from January to August 2020.

According to the latest major shipper report, apparel accounted for the majority of US textile and garment imports during the first eight months of the year, valued at $ 50.439 billion, with non-apparel imports remaining. It accounted for $ 20.925 billion.

By segment, of the top 10 apparel suppliers to the United States, imports from Pakistan, Honduras and Nicaragua increased 66.71%, 65.69% and 48.04% year-on-year, respectively. On the other hand, imports from Indonesia remained in the single digit range, up 5.45% year-on-year.

Of the total US textile and apparel imports of $ 71.36 billion during the period, cotton products were $ 31.19 billion, artificial textiles were $ 36.874 billion, followed by wool products at $ 1.876 billion and silk products at $ 1.419 billion. And plant fiber.

Related posts

Raymond Ltd Sees Decline in Q4 Results

PS NewsDesk

ANNUAL TEXTILE ETP CONFERENCE TO BE HELD IN APRIL

Perfect Sourcing Newsdesk

Removal of import duty on cotton Demands Exporters

PS NewsDesk

Leave a Comment