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US’ textiles imports up four per cent

US imports of textile and clothing increased in value by 4.9 per cent in 2018. In volume terms, these imports rose by 5.9 per cent in 2018. The average price of US textile and clothing imports fell in 2018 for the seventh year in succession. The average import price declined 14.2 per cent over the seven- year period. The main cause for this was a decline in the average price of imports from China. US textile and clothing imports from China were up by 4.8 per cent in value and by 6.7 per cent in volume. While the price per sq. m. equivalent dropped year on year, the value and volume increased. As a result, the share of US textile and clothing imports which came from China accounted for 49.3 per cent in volume terms and in terms of value it accounted for 36.5 per cent. Cambodia, Bangladesh, India and Vietnam also showed a rise in value and volume to the USA. However, the shares of US imports from these countries are not really significant in value and volume terms. From January to October 2019, US apparel imports increased 2.6 per cent year on year, of which the cumulative value from China was down by 5.6 per cent.

 
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