US U.S. textile and apparel imports continue to grow

In the first half of this year, China’s exports of textiles and clothing to the United States reached US$17.31 billion, a year-on-year increase of 6.9%. Compared with the past five years, the export growth rate is lower than 2007, 1010 and 2011, but higher than during the financial crisis of 2008 and 2008. Among them, textile exports reached US$4.97 billion, up 12.1% year-on-year; apparel exports reached US$12.34 billion, an increase of 4.9% year-on-year. The overall decline in export prices. The unit export prices of yarns, fabrics, knitwear, and woven garments decreased by 7%, 8%, and 1.7%, respectively.

According to statistics of the US Textile and Garhing Department, from January to May this year, the United States imported textiles and clothing from the world at 21.33 billion square meters, a year-on-year decrease of 0.5%, and the import value reached US$38.71 billion, a slight increase of 1.7%. Imports from China maintained growth, imports increased by 3.6%, and imports increased by 3.5%. At the same time, the United States has also seen growth in imports from other major countries such as Vietnam, Cambodia, and El Salvador, with imports from Vietnam and El Salvador growing at a higher rate than imports from China.

Since 2012, China’s products have maintained an upward trend in the US market, but due to the influence of Southeast Asian countries, China’s share in the US market has fallen again. From January to May, China’s imports of products in the United States market reached 44.7% and the share of imports reached 36.5%, down 2.2% and 3.6% respectively from 2011.