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US textile imports up eight per cent

Textile imports into the United States were almost eight per cent higher this May compared to the same month a year earlier. Imports from China grew more than seven per cent year over year in May. China is still the number one source of textiles heading into the US by a wide margin. The trade war hasn't really had a large impact on sourcing from China. The fact that sourcing from China continues to increase is a sign companies may be looking to diversify their sourcing rather than move it fully out of China. Between January and May 2019 imports from China rose 2.4 per cent compared to the same period of time in 2018.

Imports from India and Vietnam jumped more than 12 per cent in May, while those from South Korea were up 22 per cent and imports from Cambodia rose 28 per cent. Between January and May 2019 US imports from South Korea rose 24 per cent and imports from India increased by 16 per cent compared to the same period of time in 2018. This shows growth in Chinese textile imports by the US is slightly smaller if viewed as the first five months of the year rather than just May.

 
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