Q1 U.S. Textile & Apparel Imports Decrease in Value

According to the Office of Textiles and Apparel at the International Trade Administration, U.S. Department of Commerce, the nation’s imports of textiles and apparel during January-March 2017 decreased by 3.89% year-on-year to US$24,288.55 million. However, the first-quarter import quantity rose by 1.18% to 14,460.82 million square meter equivalents (SME).

First-quarter imports of apparel decreased by 1.96% in value to US$18,923.27 million, while the volume grew by 1.51% to 6,349.50 million SME. Imports from China (the largest supplier) declined by 5.53% in value to US$5,753.46 million, but rose by 1.67% quantitatively to 2,396.60 million SME.

Apparel imports from Vietnam (the second largest supplier) amounted to US$2,765.21 million (up 7.21%), 898.12 million SME (up 10.22%), and those from Bangladesh were at US$1,368.51 million (down 5.94%), 512.21 million SME (down 1.05%). Imports from Indonesia came to US$1,219.98 million (down 2.84%), 348.41 million SME (down 0.05%), and those from India totaled US$1,044.36 million (down 3.02%), 302.34 million SME (up 0.86%).