US textile & apparel exports up 20.15% in Jan-Sept 2021

Category-wise, apparel exports increased by 28.94 per cent year-on-year to $4.385 billion, while textile mill products rose 17.31 per cent to $12.365 billion during the first nine months of 2021.

Among textile mill products, yarn exports increased by 26.09 per cent year-on-year to $2.902 billion, while fabric exports were up 15.79 per cent to $6.451 billion and made-up and miscellaneous article exports grew 12.92 per cent to $3.011 billion.

Country-wise, Mexico and Canada together accounted for nearly half of the total US textile and clothing exports during the period under review. The US supplied $4.726 billion worth of textiles and apparel to Mexico during the nine-month period, followed by $3.911 billion to Canada and $1.051 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. However, the value decreased to $19.330 billion last year due to the effect of COVID-19 pandemic.

Fibre2Fashion News Desk (RKS)