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US textile and apparel imports recovered in Jan

Views:0     Author:Site Editor     Publish Time: 2021-03-17      Origin:Site

The latest data show that US textile and apparel imports reached 6.22 billion square meters in Jan, up by 9.2% year-on-year but down 1.4% month-on-month respectively; the volume from China was 2,800 million square meters, up by 13.2% year-on-year but down 9.1% month-on-month.

 

US textile and apparel imports from the world-by volume- DADITEXTILE

US textile and apparel imports from the world-by volume- DADITEXTILE


US textile and apparel imports from the China-by volume- DADITEXTILE

US textile and apparel imports from the China-by volume- DADITEXTILE


US textile and apparel imports value in Jan was 7.96 billion USD, down 11.1% year-on-year but up 8.6% month-on-month; that from China reached 2.18 billion USD, down 11.8% year-on-year and 4.4% month-on-month.

 

US textile and apparel imports from the China-by value- DADITEXTILE_(1)


US textile and apparel imports from the China-by value- DADITEXTILE


The import volume of US textile and apparel has been growing year-on-year for six consecutive months, and the growth rate was the fastest in November last year, and then it gradually slowed down, and the volume from China also increased significantly year-on-year.


Value of US apparel retail sales(seasonally adjusted)- DADITEXTILE

Value of US apparel retail sales(seasonally adjusted)- DADITEXTILE


From proportion of US textile and apparel imported from China, the share declined further in January.

US textile and apparel imports from-by value- DADITEXTILE


US  textile and apparel imports from-by value- DADITEXTILE

Specifically, the value of US apparel imports in Jan 2021 grew by 5.02% from December 2020 (seasonally adjusted), compared with an 8.8% growth from Aug to September, a 4.6% growth from September to October (seasonally adjusted), a slight 0.3% decline from October to November (seasonally adjusted) and a 6.4% decline from November to December (seasonally adjusted).

 


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