US Textile And Clothing Exports To India Increase
Between India and the United States
textile
And clothing trade is not a one-way road.
In the first 8 months of this year, India ranked top on the list of fastest growing clothing and textiles markets in the United States.
Ironically, the US industry was beset by the continuing downturn.
American textile and apparel
Industry is seriously lacking in competitiveness.
American Apparel
According to the US Department of commerce data, exports of textiles and clothing to India increased by 30% in the first 8 months of 2011, although the total export product was relatively small, at 164 million US dollars.
Insiders say that the United States exports to India, including garments, yarns, knitted products and professional and industrial fabrics.
The yarn products exported to India may be re exported from India to the United States.
Of the total imports from the United States, yarn accounts for the largest proportion of US $51 million.
Holland is the largest export market for clothing and textiles in the United States, followed by Brazil and India in third place.
Interestingly, at this time, India is in.
American Apparel
And the textile market share has been steadily pferred to Vietnam, India and Bangladesh.
China's competitiveness in the global textile market has gradually weakened, and the three countries have taken this opportunity to steadily increase their share in the US market.
Therefore, even if India suppliers have been trying to maintain their competitiveness, they have lost market share.
The balance of trade in textiles and clothing is absolutely good for India.
In 2010, the United States exported $141 million to India, while India exported 5 billion 380 million dollars to the United States in the same year.
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