Us textile and apparel imports 1st quarter'14
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US Textile and Apparel Imports in First Quarter of 2014: India registers healthy growth especially in MMF categories USA with an annual import value in excess of US$ 100 billion is single largest importer of textile and apparel products in the world. In first quarter of calendar year 2014, USA imported textile and apparel items worth US$ 24.8 billion, registering 3% value growth over same period in previous year. Figure 1: US Textile and Apparel Imports Segment-wise, only Yarn imports declined in Q1 2014 compared to Q1 2013 while all other categories registered positive growth. Figure 2: Segment-wise US Textile and Apparel Imports in Q1 2014 24.1 24.8 24.5 30.4 25.8 2012 2013 2014 Q4 Q3 Q2 Q1 0.34 1.46 18.98 4.06 -8% 6% 3% 3% Yarn Fabrics Apparel Others Import Value (US$ bn.) % change over same period last year US$ 101 Bn. US$ 105 Bn. + 3.8% + 3%
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Indian textile and apparel exports to US register healthy growth in First Quarter especially in MMF categories.
Transcript of Us textile and apparel imports 1st quarter'14
US Textile and Apparel Imports in First Quarter of 2014: India registers healthy growth
especially in MMF categories
USA with an annual import value in excess of US$ 100 billion is single largest importer of textile and
apparel products in the world. In first quarter of calendar year 2014, USA imported textile and
apparel items worth US$ 24.8 billion, registering 3% value growth over same period in previous year.
Figure 1: US Textile and Apparel Imports
Segment-wise, only Yarn imports declined in Q1 2014 compared to Q1 2013 while all other
categories registered positive growth.
Figure 2: Segment-wise US Textile and Apparel Imports in Q1 2014
24.1 24.8
24.5
30.4
25.8
2012 2013 2014
Q4
Q3
Q2
Q1
0.34 1.46
18.98
4.06
-8%
6%
3%
3%
Yarn Fabrics Apparel Others
Import Value (US$ bn.) % change over same period last year
US$ 101 Bn. US$ 105 Bn. + 3.8%
+ 3%
Cotton Apparel
39%
MMF Apparel
13%
Cotton Non-
Apparel 31%
MMF Non-
Apparel 8%
Other fibre
based 9%
Major Suppliers:
China remained as largest supplier with 35% market share. However it registered no growth in value
terms. Vietnam emerged as the fastest growing among major supplier, whereas India also posted a
robust market growth.
Figure 3: Top 5 Textile and Apparel Supplier Nations to US (Q1 2014)
Indian Exports to USA:
India’s total textile and apparel exports to USA in Q1 2014 was US$ 1.73 billion which is 7% more
than that in Q1 2013. Apparel was the largest category with ~55% trade share. In terms of fibre base,
MMF based categories registered better growth than cotton based categories, while cotton
categories remain the larger of two.
Figure 5 Category-wise US Textile and Apparel Imports from India (Q1 2014)
China
Vietnam
India Indonesia
Bangladesh
Others
Fabrics 5%
Apparel 55%
Yarn 1%
Others 39%
Figures in parentheses indicate % change over same period last year
Figures in parentheses indicate % change over same period last year
US$ 0.94 bn.
(+ 5%)
US$ 0.68 bn.
(+ 17%)
US$ 0.02 bn.
(+ 7%)
US$ 0.08 bn.
(+ 5%)
US$ 0.14 bn.
(+ 26%)
US$ 0.67 bn.
(+ 5%)
US$ 0.23 bn.
(+ 23%)
US$ 0.54 bn.
(- 3%)
US$ 8.8 bn. (0%)
Total
US$ 1.73 bn.
Total
US$ 1.73 bn.
Figure 4 Fibre-wise US Textile and Apparel Imports from India (Q1 2014)
US$ 2.3 bn. (+ 16%)
US$ 1.7 bn. (+ 7%)
US$ 1.4 bn. (- 3%)
US$ 1.4 bn. (0%)
US$ 9.2 bn.
