Top Importers And Exporters Of Textiles And Apparels In The USA
The United States of America is entirely self-sufficient to produce its essentials like textile and apparel. But the US trade data shows that textile and clothing is one of the leading commodities in which it engages in global trade. The USA ranks 4th in the export of textile and clothing after China, European Union, and India. It ranks 2nd after European Union in importing textile and apparel.
Top US Textiles And Apparel Importers 1. Kohl's Department Stores
Kohl's Department Stores is one of the United States' most extensive and efficient retail stories. It recorded a revenue of 15.95 US billion dollars in 2020. It imports and sells a lot of clothing brands under one roof. It operates 1158 locations in the US itself. A total of 911 shipments were received from 102 suppliers and 154 products purchased from 2 countries in 2020.
2. Macy's Merchandising Group Founded in 2005, with its headquarters in New York, Macy's works with leading clothing brands like Polo, Ralph Lauren, DKNY, Tommy Hilfiger, etc. It serves 725 locations with a revenue of 24.9 US billion dollars annually. In 2020, a total of 55,175 shipments were made from 10 suppliers and 2 prime importers.
Top US Textiles And Apparel Exporters 1. Outrageous Inc The company was born in Seattle. It now operates in several countries like China, Bangladesh, and Pakistan in both wholesale and retail. It was the first importer of polar fleece garments in the nineties. Outrageous Inc's products now include essential workwear and outdoor wear, flannel, and chamois shirts. As of 20th June 2021, the company recorded a total of 474 shipments from 6 importers and 10 suppliers.
2. Levi Strauss & Co. An American denim jeans brand, Levi's was founded in 1853 and has its headquarters in San Francisco. However, most of its products are manufactured in countries like China, Japan, Italy, Srilanka, and others.
They are imported from the countries mentioned to be labelled in America. It exports to countries like Poland, Ghana, United Kingdom, etc. A total of 402 shipments from 10 suppliers have been recorded for this brand.
3. Phillips-Van Heusen Co. With its headquarters in Manhattan, New York City, Phillips Van Heusen is an American clothing line. PVH operates in several countries like India, Bangladesh, China, Hong Kong, Taiwan, Srilanka, Indonesia, Thailand, Malaysia, Philippines, etc. Its revenue was recorded as 9.8 billion US dollars in 2019. PVH is one of the largest traders of apparel and textiles in the US. A total of 23,800 shipments were recorded in 2020 from its top and undisclosed trading partners.
US Trade Partners By Countries The US trade data by country displays a host of other countries with its most prominent partners in the textile and clothing trade. It has eventually been scaling high with the rising demands owing to the high standard of living. Partner Name
Import (in USD thousands)
China
39,069,923.58
Vietnam
14,486,958.25
India
8,835,473.00
Bangladesh
6,171,804.69
Indonesia
5,198,944.80
Mexico
4,809,193.25
Pakistan
3,230,523.76
Honduras
3,035,152.34
Cambodia
2,886,647.80
Italy
2,230,157.03
As the above chart displays, China is the largest supplier of textiles and apparel to the US. The US imports 37% of its textile-related products from China alone. However, many firms have been gradually shifting their manufacturing units to other countries like Vietnam and Bangladesh. Nonetheless, according to the US trade data, there are still many US firms that continue to operate with China and even from China due to its low labor cost and efficient supply chain. Nonetheless, it was noted that the apparel imports by the US from China eventually fell by 5%. Of the total imports made by the US from Vietnam, 96.6% have been apparel imports. The manufacturing technology in Vietnam boosts productivity in as little time as possible and survives its already decreased manufacturing costs, thus taking full advantage of its trade agreements with the US. US trade data by country shows that India, Bangladesh, and Mexico have been other big suppliers of home-furnishings, fabrics, and apparel.
US Domestic Export Of Textile And Apparels US domestic exports of textile and related products have been primarily to neighbouring countries like Mexico and Canada, as reflected in the US import-export data. The exports to these countries constitute a total of 44.1% of its overall domestic textile exports. Its significant exports have been of higher value non-woven fabrics. But the rising demands for home-furnishings and apparel have also led to an export of these commodities. The US textile industry has been a US $70 billion sector. The most prominent manufacturers and exporters include: ● Saint Gobain Tape Solutions
● Trelleborg Engineered Coated Fabrics ● Albany International Corp. ● Unifi, Inc ● InPro Corporation
How To Learn More About Trade Data? The US import-export data provides all the intel on significant export-import shipments and trade records that the country engages in. If you want to learn more about these, or if you are looking out for potential buyers and suppliers of textiles and apparel in the US, you can visit the Trademo website to get information on various companies.
Source: https://myviralmagazine.com/importers-andexporters-of-textiles-and-apparels/