Category-wise, apparel exports increased by 24.65 per cent year-on-year to $4.122 billion, while textile mill products rose 8.67 per cent to $10.393 billion during the first seven months of 2022.
Among textile mill products, yarn exports increased by 21.99 per cent year-on-year to $2.714 billion, while fabric exports were up 2.85 per cent to $5.168 billion and made-up and miscellaneous article exports grew 8.51 per cent to $2.511 billion.
The exports of textile and apparel from the United States went up by 12.78 per cent year-on-year in the first seven months of this year. The value of exports stood at $14.516 billion during January-July 2022 compared to $12.871 billion in the same period of 2021, according to data from the Office of Textiles and Apparel, US department of commerce.
Country-wise, Mexico (27.35 per cent) and Canada (24.09 per cent) together accounted for more than half of the total US textile and clothing exports during the period under review. The US supplied $4.005 billion worth of textiles and apparel to Mexico during the seven-month period, followed by $3.492 billion to Canada and $1.023 billion to Honduras.
In recent years, the US textile and clothing exports have remained in the range of $22-25 billion per annum. In 2014, they stood at $24.418 billion, while the figure was $23.622 billion in 2015, $22.124 billion in 2016, $22.671 billion in 2017, $23.467 billion in 2018, and $22.905 billion in 2019. The value had dropped to $19.330 billion in 2020 due to the COVID-19 pandemic but rose again in 2021 to $22.652 billion.
Fibre2Fashion News Desk (KUL)
