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US’ textile and apparel imports grow by 30.97% in H1FY2022

  

US’ textile and apparel imports grew by 30.97 per cent to $66.308 billion in the first six months of 2022, compared to $50.626 billion in the same period of 2021. With a 26.8 per cent share China continued to be the largest supplier of textiles and clothing to the US, followed by Vietnam with 13.87 per cent.

As per a Fashion Network report, apparel dominated of textiles and garments importsof the US in January-June 2022, and were valued at $49.578 billion, while non-apparel imports accounted for $16.729 billion, according to the latest Major Shippers Report, released by the US department of commerce.

Segment-wise, among the top 10 apparel suppliers to the US, imports from Bangladesh and Indonesia surged by 60.30 per cent and 60.27 per cent year-on-year respectively. Imports from India and Cambodia too grew by 57.27 per cent and 52.52 per cent respectively. Additionally, imports from Pakistan grew by 49.99 per cent compared to the same period of the previous year.

Of the total US textile and apparel imports of $66.308 billion during the period under review, cotton products were worth $29.541 billion, while man-made fibre products accounted for $33.396 billion, followed by $1648.531 million of wool products, and $1721.557 million of products from silk and vegetable fibres.

 
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