Home >

US Textile Exports Soared And India Topped The List Of Exports.

2011/12/13 9:21:00 14

US textile and clothing exports to India grew faster than other imports.

Country

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

When American industry is sustained by the economy

Sluggish

The American textile and garment industry is seriously affected by the lack of competitiveness, and the news of American industry is struggling to survive. This news has brought a surprise to American industry.


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).

US exports to India include:

clothing

Socks, products, professional and industrial fabrics and yarns, and professional and industrial fabrics and yarns are re exported from India to the United States.


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 textiles and clothing exports to the US has declined, and Vietnam, Indonesia and Bangladesh have taken advantage of China's weakness in the global textile market.

  • Related reading

The US Department Of Agriculture Says India'S Cotton Exports Will Slow Down In Mid December.

Global Perspective
|
2011/12/13 9:19:00
14

The Government Of India Has Determined That The Target Of Textile Exports For 2012-13 Years Is &Nbsp; 330&Nbsp; Billion US Dollars.

Global Perspective
|
2011/12/13 9:17:00
14

Wool Prices Down In New Zealand

Global Perspective
|
2011/12/13 9:14:00
18

India'S Textile And Garment Industry Is The Largest And Most Densely Populated Sector In The Country.

Global Perspective
|
2011/12/13 9:12:00
27

The South India Textile Mills Association Urges The Ministry Of Finance To Proceed With Debt Restructuring Immediately.

Global Perspective
|
2011/12/13 9:10:00
30
Read the next article

Yuhang'S 90% Garment Enterprises Were Exported By Multiple Doors &Nbsp, Turning To Domestic Brands.

The cost of raw materials, labor and the profit margins of enterprises have shrunk. The period of foreign trade processing has come to the end. Nowadays, the Hangzhou Yuhang home textile industry, known as the "enriching the people project", is now at the crossroads of more than 90% of the export enterprises.