Textiles in   United States

Overview In August 2024 United States' Textiles exports accounted up to $2.05B and imports accounted up to $10.6B, resulting in a negative trade balance of $8.55B. Between August 2023 and August 2024 the exports of United States'   Textiles have decreased by $-198M (-8.79%) from $2.25B to $2.05B, while imports increased by $78.2M (0.74%) from $10.5B to $10.6B.

Destinations In August 2024, Textiles were exported mostly to Mexico ($534M), Canada ($399M), Honduras ($120M), China ($108M), and Pakistan ($52.2M), and were imported mostly from China ($3.07B), Vietnam ($1.56B), India ($787M), Bangladesh ($607M), and Mexico ($465M).

Growth In August 2024, the decrease in Textiles's year-by-year exports was explained primarily by a decrease in exports to China ($-221M or -64.1%), Vietnam ($-40.7M or -32.1%), and Nicaragua ($-24.8M or -51.8%). In August 2024, the increase in Textiles's year-by-year imports was explained primarily by an increase in imports from Bangladesh ($80.8M or 10.6%), Jordan ($51.1M or 37.8%), and Nicaragua ($44.5M or 27.5%).