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North & South America dominate US home textile exports

29 Jul '24
2 min read
North & South America dominate US home textile exports
Pic: Adobe Stock

Insights

  • From Jan-Apr, US exported $909.523 million worth of home textiles, with over 70 per cent shipped to North and South America.
  • North America alone accounted for 48.69 per cent, while Central and South America combined made up 23.87 per cent.
  • Canada and Mexico were largest individual markets.
  • Other regions included Asia-Pacific, Europe, Africa and Middle East.
The United States' exports of home textiles were recorded at $909.523 million from January to April 2024. The North American continent was its largest market, consuming almost half of the total exports in this product segment. When combining both American continents, their share surpassed 70 per cent of the total outbound shipments. Trade data suggests that the US serves as a hub for textile trade in the entire region.

The US' exports of home textiles to North America were $442.844 million in the first four months of the current year, accounting for 48.69 per cent of the total outbound shipments. Exports to Central and South America amounted to $217.128 million during the same period, making up 23.87 per cent of the total. Trade with both American continents totalled $659.972 million, representing 72.60 per cent of the total home textile exports from the country, according to Fibre2Fashion's market insight tool TexPro.

During the first four months of this year, US home textile exports to the Asia-Pacific region were $111.802 million (12.29 per cent), Europe $93.759 million (10.31 per cent), Africa $22.133 million (2.43 per cent), and the Middle East $21.854 million (2.40 per cent).

Country-wise analysis indicated that Canada was the largest market for home textile exports from the US during the period under review. Shipments to Canada were valued at $237.982 million, which was 26.17 per cent of the total exports. Another neighbouring country, Mexico, was the second-largest market, with shipments of $204.861 million, accounting for 22.52 per cent of the total. Shipments to both neighbouring countries totalled 48.69 per cent of the total exports, as per TexPro.

Shipments to Guatemala were $61.925 million (6.81 per cent), Honduras $26.307 million (2.89 per cent), Chile $26.217 million (2.88 per cent), the Dominican Republic $25.753 million (2.83 per cent), India $23.568 million (2.59 per cent), Japan $22.632 million (2.49 per cent), China $15.957 million (1.75 per cent), and Germany $13.313 million (1.46 per cent).

Fibre2Fashion News Desk (KUL)


This according to Fibre2Fashion's Market Intelligence Tool - TexPro

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