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The United States continues to experience significant increases in both imports and exports of textiles. According to the latest figures from the U.S. Department of Commerce, total non-apparel textiles imports, including home textiles and accessories, were $21.6 billion in 2006, up 5.6 percent from non-apparel textiles imports of $20 billion in 2005. The U. S. continues to be the engine driving global commerce, particularly in the home textiles arena. While much of the manufacturing has moved to other countries, many former U.S. manufacturers have formed joint ventures with manufacturers in other countries, maintaining a strong presence in product development, design, marketing, branding, sales and distribution. This has allowed traditional U.S. firms to remain relevant in the new international sourcing environment.
Sutton says that the government is dedicated to maintaining U.S. business. "Every policy, regulation, or law should be made with an eye toward competitiveness. My goal will be to help develop and maintain an environment in which the smart business decision for any U.S company will be to open or expand an operation right here. The voice of the U.S manufacturing and services worker must be heard. The manufacturing and services office, along with the other units of the International Trade Administration, can improve our market-driven economy and help determine the future of globalization." China continues to dominate the growth in imports, registering dramatic increases in yearly sales to the U.S., according to the U.S. Department of Commerce. Total non-apparel textiles imports from China reached $8.5 billion in 2006, up a whopping 18 percent from $7.3 billion in 2005. Other leading countries supplying textiles to the U.S. include India, Pakistan, Canada, Mexico, Italy, Korea, Turkey, Taiwan and Japan. On the export side, total non-apparel textiles exports from the U.S. remained virtually unchanged at $12 billion for both 2006 and 2005. The largest export markets for U.S. products are Mexico, Canada, Honduras, Dominican Republic, Japan, El Salvador, China, the United Kingdom, Hong Kong and Germany. The fastest growing export markets for textiles and apparel produced in the U.S.experiencing growth of 25 percent on exports of at least $1 millionare Brazil, Thailand, United Arab Emirates, South Africa, Vietnam, the Slovak Republic, Egypt, Iraq, Latvia and Jordan. By The Numbers Total non-apparel textiles imports: 2006: $21.6 billion 2005: $20 billion Change: 5.6% Top 10 Sources for Imported Non-Apparel Textiles, 2006 China $8.5 billion India $1.8 billion Pakistan $1.8 billion Canada $1.4 billion Mexico $1.1 billion Italy $759 million Korea $753 million Turkey $586 million Taiwan $492 million Japan $355 million Total exports of textiles and apparel: 2006: $16.7 billion 2005: $16.6 billion Change: .6% Total non-apparel textiles exports: 2006: $12.4 billion 2005: $12.1 billion Change: .2% Top 10 Markets for U.S. Exports of Textiles & Apparel, 2006 Mexico $4.4 billion Canada $3.9 billion Honduras $1.4 billion Dominican Republic $1 billion Japan $564 million El Salvador $562 million China $500 million United Kingdom $354 million Hong Kong $296 million Germany $270 million Top 10 Fastest Growing Export Markets for U.S. Textiles & Apparel, 2006 Brazil Thailand United Arab Emirates South Africa Vietnam Slovak Republic Egypt Iraq Latvia Jordan For more information on Global Home Textiles®, please click here. |
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