Home Technology US textiles & clothing imports decline 16.7% by volume in June 2023

US textiles & clothing imports decline 16.7% by volume in June 2023

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US textiles & clothing imports decline 16.7% by volume in June 2023

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Pic: Shutterstock.com

Pic: Shutterstock.com


In June 2023, the US saw a 16.7 per cent decline in textiles and clothing imports, amounting to 8,426.9 MSME.
Apparel imports fell by over 25 per cent, reflecting economic uncertainty and reduced consumer spending.
The year-to-date figures showed a 21.4 per cent decrease, with textiles down 18.0 per cent and apparel down 29.7 per cent from the previous year.



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