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In 2011, The United States Imported Textile Products From China And Reduced Prices.

2012/2/21 14:40:00 18

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Imported Garments From The United States

In terms of purchasing apparel, American consumers in 2011 showed a conservative mentality.

As of November 30, 2011, imports of clothing and textiles from the United States decreased by 2% according to the import units.

In dollar terms, imports surged by 9.2%, mainly due to rising prices of raw materials, including cotton and polyester.

Julie Hughes, President of the American textile and clothing Importers Association (Julie Hughes), said: "prices continue to rise, while the number of clothing decreases."

As of November 30, 2011, the United States

clothing

The purchase amount is US $101 billion 300 million, of which overseas apparel purchases account for 95%.

In comparison, the amount was $92 billion 700 million last year.

But according to the square meter (fabric measurement), the United States imports only 54 billion square meters, compared to 55 billion 200 million square meters in 2010.

Cotton prices are partly responsible for the gap. Cotton prices began to soar in November 2009, when cotton prices were 72 cents / pound and rushed to 2.30 dollars / pound in March 2011.

After that, prices quickly stabilized.

Cotton prices are now about 90 cents per pound.

In the middle of the month, manufacturers are unwilling to

high price

Passed on to retailers, when the US itself was in deep recession.

But eventually they have to be tolerant or sacrifice their profits.

Even in China, which is famous for its low cost, it is also affected.

During the 12 months, the amount of clothing and textiles exported to China by the United States increased by 6.2% to $40 billion 600 million.

But the number of units decreased by 2.5% to 25 billion 200 million square meters.

China accounts for 46% of all imports of clothing and textiles by US companies.

This is different from Vietnam and Vietnam is the second largest clothing supplier in the United States.

Country

。

Vietnam has a new garment industry. Clothing is Vietnam's largest export product. American companies purchase Vietnam clothing and textiles units to grow by nearly 10%, while the dollar value of these commodities has increased by nearly 15%.

Vietnam exports 9 billion 850 million square meters to the US, worth 7 billion 200 million US dollars, because clothing companies are trying to diversify their manufacturing sources.

India is the third largest supplier of clothing and textiles in the United States and is also growing.

Last year India's clothing and textiles grew by nearly 2% to 3 billion 300 million square meters.

The value of these commodities increased by nearly 11% to $6 billion.