US Textile Exports To India Surged

2011/12/13 10:37:00 12

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American textiles and clothing to India

Exit

The growth rate is higher than that of other importing countries.

In the first 8 months of this year, India ranked the top of the list of clothing and textiles exports in the US.

When the US industry was affected by the continuous economic downturn, the textile and garment industry in the United States was seriously affected by the lack of competitiveness. The news of American industry brought a surprise to American industry when struggling for survival.

The latest figures from the US Department of Commerce show that in the first eight months of 2011, US textile and apparel exports to India increased by 30%, although the total export volume was relatively small, at 164 million US dollars (8 billion 482 million rupees).

The products exported to India include clothing, hosiery products, professional and industrial fabrics and yarns, and professional and industrial fabrics and yarns re exported from India.

U.S.A

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Among the total imports of the United States, yarn imports were the largest, reaching 51 million US dollars (2 billion 637 million rupees).

Holland occupies the top spot on the US export list, followed by Brazil and India in third place.

Interestingly, the market share of India's textile and clothing exports to the United States has declined, due to the weakening of China's advantage in the global textile market, Vietnam.

Indonesia

And Bangladesh took advantage of it.