Imports of textiles and apparel continued to show mixed results in December, according to statistics from the Department of Commerce’s Office of Textiles and Apparel.
For more information on trade-related issues affecting textiles and apparel, please contact ST&R’s textile and apparel practice leader Elise Shibles at (415) 490-1403 or via email.
Click here to register for ST&R’s Feb. 21 webinar on the tariff classification of yarns and fabrics.
Overall Imports. Textile and apparel imports totaled 6.15 billion square meter equivalents in December 2022, down 31.6 percent from December 2021. Textile imports totaled 4.24 billion SME, down 24.3 percent for the month and 34.7 percent from the previous year, while apparel imports of 1.92 billion SME fell 13.1 percent from November and 23.8 percent from a year before.
Total imports for 2022 were 105.9 billion SME, up 12.3 percent from a year earlier. Textile imports gained 15.3 percent to 74.8 billion SME while apparel imports rose 5.5 percent to 31.1 billion SME.
Source Countries. OTEXA has reported the following statistics on textile and apparel imports from major source countries for December 2022.
|
Country
|
SME
|
Annual change {5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d}
|
YE change {5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d}
|
|
China
|
2.22 billion
|
-31.1
|
-10.0
|
|
India
|
504.5 million
|
-43.3
|
+10.7
|
|
Vietnam
|
452.7 million
|
-8.5
|
+12.4
|
|
Turkey
|
417.7 million
|
-0.3
|
+142.2
|
|
Malaysia
|
305.4 million
|
+596.6
|
+389.2
|
|
Mexico
|
247.9 million
|
-18.2
|
+32.9
|
|
Pakistan
|
242.2 million
|
-31.2
|
-1.6
|
|
Bangladesh
|
225.3 million
|
-26.8
|
+17.3
|
|
Czech Rep.
|
83.2 million
|
-13.0
|
+75.9
|
|
Egypt
|
47.2 million
|
-92.4
|
+28.2
|
Copyright © 2023 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.
