US Textile and Apparel Exports Up 17.38% in January-November 2021
The exports of textile and apparel from the United States were up by 17.38% year-on-year in the first eleven months of last year. The value of exports stood at $20.725 billion during January-November 2021 compared to $17.656 billion in the same period of 2020, according to data from OTEXA (Office of Textiles and Apparel), US Department of Commerce.
Category-wise, apparel exports increased by 25.43% year-on-year to $5.548 billion, while textile mill products rose 14.69% to $15.176 billion during the first eleven months of 2021. Among textile mill products, yarn exports increased by 24.43% year-on-year to $3.587 billion, while fabric exports were up 12.91% to $7.868 billion and made-up and miscellaneous article exports grew 10.05% to $3.720 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 $5.775 billion worth of textiles and apparel to Mexico during the eleven-month period, followed by $4.898 billion to Canada and $1.291 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 in 2020 due to the effect of the COVID-19 pandemic. In 2021, it is likely US textile and apparel exports would again cross the $22-billion mark. Source: OTEXA