During the June 2015 quarter, India's total apparel exports to the US in value terms increased by 10.7 per cent to $972.8 million. The same trend continued in July 2015. Data released by the US Office of Textiles & Apparels (OTEXA) shows, India’s apparel export value to the US rose by 7.3 per cent year-on-year to $324.8 million in July 2015. The country’s market share in US apparel imports improved by 10 basis points to 3.8 per cent. With this, India replaced Mexico as the fifth largest apparel exporter to the US.

Growth in exports was driven by an increase in both, volumes and realisations. During the month, the country’s export volumes rose by 3.4 per cent and realisation grew by 3.8 per cent. Among the top four apparel exporters to the US, China saw an increase of 4.9 per cent year-on-year touching $3.4 billion in July 2015. Vietnam’s exports surged 12.6 per cent to $1 billion and Bangladesh’s exports increased by 3.7 per cent to $508 million, while that of Indonesia declined by 1.5 per cent to $459.9 million.

During April-July 2015, India’s total apparel exports to the US grew by 9.8 per cent to $1.3 billion. Shipments from the country increased 6.4 per cent. Realisation rose by 3.3 per cent and India’s market share in US apparel imports expanded by 30 basis points to 4.7 per cent. Cumulative apparel exports of China to the US grew by a mere 0.7 per cent to $9.5 billion during the four months ended July 2015. Apparel exports of Bangladesh and Vietnam increased by 10.3 per cent and 17 per cent to $1.8 billion and $3.5 billion, respectively. Indonesia’s exports rose by 4.1 per cent to $1.7 billion during the period.

Otexa.ita.doc.gov