U.S. textile and apparel imports fall to a yearly low in November

U.S. textile and apparel imports in November 2022 amounted to 6.89 billion square meters, down 23.9% year-on-year and 11.7% month-on-month, marking the sixth consecutive monthly decline. The value of imports reached $ 8.68billion, down 15.6% from last year.

Among them, apparel import volume reached 1.74 billion square meters, down 30.5% year-on-year and 21.2% month-on-month. Apparel imports value totaled $6.3 billion, down 14.6% YoY.

Apparel import volume fell to a low point since May 2020.

The total amount of US textile and apparel imported from China in November was 2.41 billion square meters, down 34.9% year-on-year. The value of textile and apparel imported from China amounted to $1.94 billion, down 36.3% year-on-year. Among them, the amount of apparel imported from China stood at 550 million square meters, down 39.8% year-on-year, and the value was $1.18 billion, down 37.8% year-on-year.