2024年5月18日发(作者：奇姿)
e Market
ZHAO Hong
【期刊名称】《中国纺织（英文版）》
【年(卷),期】2014(000)007
【总页数】2页(P14-15)
【作 者】ZHAO Hong
【作者单位】
【正文语种】英 文
Trade Balance to See the Market Size
United States has always been, and probably will continue to be, a market
of paramount importance for global exporters in textile and apparel trade,
as is true of its international trade balance that sees more taking in than
giving ing to the textile and apparel trade balance report issued
by the Department of Commerce, United States imported 113.380 billion
dollars worth of textiles and apparel from the world in 2012 and $117.453
billion in 2013 while its export was $22.677 billion and $23.660 respectively
in the previous two years, making it the biggest market in single economy
for the continuous arrivals of textile shipments from the world.
Apparent Consumption in Volume and Value
The amazing trade deficit in the balance sheet did give a wow, but not to
such an extent as to stoke rant and rave on the manufacturing side. U.S.
textile industry has been growing quite positively over the years despite
the negative impact from the homeborn sub-prime mortgage crisis that
led to economic meltdown several years ago. In 2013, the shipments from
the textile sector were valued at $56.6 billion while its apparel shipments
arrived at $13.4 billion, amounting to$70 billion, taken together. The
market demand is configured of local sales and import value, deducting its
export, we come up with$163.793 billion in value term. Also in 2013,
United States imported 56.527 billion square meters of textiles and apparel
from the world suppliers, and China accounted for 47.98% in the import
cake-share in SME (square meters equivalent). Although it’s hard to
figure out the market size in tonnage term,we expect U.S. market to be
somewhere around 1000 tons with per capita consumption of 32.7 kg/year
as is reported by Fiber Organon in its fiber report(2012).
Chart 1: U.S. Trade Balance with the World (value: millions of
dollars)Source: U.S. Department of Commerce, Office of Textiles and
ApparelCommodity 2012 yr. 2013 yr. 2013 v.s. 2014 (Jan. - Apr.) Change
(%)World Yarn 1,261 1,440 420 v.s. 492 16.99 Fabric 797 1,064 433 v.s. 356
-17.89 Made-up -18,902 -19,685 -6,038 v.s. -6,224 3.08 Apparel -73,859 -
76,613 -23,124 v.s. -23,913 3.41 Total -90,703 -93,793 -28,308 v.s. -29,290
3.47
Chart 2: U.S. Per Capita Apparent Consumption of FibersYear Total fiber
consumption (10,000 tons) Population(millions)Per capita kg./year Man-
made fiber Cotton Wool Others Total
Chart 3: U.S. Textiles and Apparel Trade Balance with China (in thousand
dollars)Source: OTEXA, Department of Commerce2000 2005 2010 2013
Total Import 9,713,174 27,628,600 44,484,896 48,198,959 Total Export
228,309 682,265 1,123,237 1,452,123 Balance -9,484,865 -26,946,335 -
43,361,663 -46,746,836 Textiles:Yarn Import 46,429 300,651 573,214
725,412 Export 127,751 310,910 634,660 845,675 Balance 81,322 10,259
61,446 120,263 Fabric Import 427,877 1,042,846 1,422,388 2,087,277
Export 82,158 305,585 404,306 497,863 Balance -345,719 -737,261 -
1,018,082 -1,589,414 Made-ups Import 2,776,935 8,786,475 12,828,521
13,908,648 Export 12,593 31,079 59,925 61,046 Balance -2,764,342 -
8,755,396 -12,768,596 -13,847,602 Apparel Import 6,461,934 17,498,628
29,660,772 31,477,622 Export 5,807 34,691 24,342 47,539 Balance -
6,456,127 -17,463,937 -29,636,430 -31,430,083
Chart 4: U.S. Textile and Apparel Exports to China (USD, Millions)Year 2006
2007 2008 2009 2010 2011 2012 Total Value 773.6 849.0 959.7 883.9 1,123
1,285 1,299 Change 13.4% 9.8% 13.0% -7.9% 27.1% 14.4% 1.1%
Chart 5: Historical Data: U.S. Textiles and Apparel Exports to China in
DollarsYear 1990 2000 2010 2013 Total Value 170,359,651 228,309,490
1,123,233,482 1,452,123,052 Textiles Share 97.35% 97.45% 97.83% 96.72%
Source: OTEXA
Trade Balance with China
There is a trend of growing interest in both textile industries on
complementarity and mutuality as China is the single largest destination
for U.S. textiles and apparel outside U.S. FTAs’ region according to the
report entitled “Top 15 Markets for U.S. Textile and Apparel Exports”
published by Office of Textiles and Apparel (OTEXA), Department of
Commerce in 2013.
Although China is placed in the 4th standing in these to 15 markets,the
first three countries in the order of Canada, Mexico and Honduras are the
preferential trade partners enjoying duty-free access to United States
under NAFTA and CAFTA-DR, leaving China to be unable to compete on
equal footing in this special trade arrangement. Nevertheless, China is still
the biggest importer, regardless of FTA’s exclusion. Over the years, the
export from the United States to China has not changed much in structural
pattern, remaining almost the same product category with the textiles
taking an overwhelming and preponderant share even since 20 years ago
as is shown below:
Absolutely, it does not mean that Chinese consumers have few American
apparels in their closets,de facto, U.S. brands are very much favored in
consumers’ spending. Supply chain has been diversified in the process of
economic globalization, and owners and retailers reshaped and
renovated the sourcing base to keep a cost efficient, reliable,safe and
quick-response supply system by relocating productions to those
countries where the resources are economically viable. Chinese stores are
brimming with U.S. apparels manufactured outside China and channeled to
this populous and booming market in containers that are registered via
customs clearance to be exporters not from U.S.A., but from those
manufacturing countries, pursuant to the Rules of the context of
market size and mutuality, it speaks volumes about what the trade balance
underscores.
2024年5月18日发(作者：奇姿)
e Market
ZHAO Hong
【期刊名称】《中国纺织（英文版）》
【年(卷),期】2014(000)007
【总页数】2页(P14-15)
【作 者】ZHAO Hong
【作者单位】
【正文语种】英 文
Trade Balance to See the Market Size
United States has always been, and probably will continue to be, a market
of paramount importance for global exporters in textile and apparel trade,
as is true of its international trade balance that sees more taking in than
giving ing to the textile and apparel trade balance report issued
by the Department of Commerce, United States imported 113.380 billion
dollars worth of textiles and apparel from the world in 2012 and $117.453
billion in 2013 while its export was $22.677 billion and $23.660 respectively
in the previous two years, making it the biggest market in single economy
for the continuous arrivals of textile shipments from the world.
Apparent Consumption in Volume and Value
The amazing trade deficit in the balance sheet did give a wow, but not to
such an extent as to stoke rant and rave on the manufacturing side. U.S.
textile industry has been growing quite positively over the years despite
the negative impact from the homeborn sub-prime mortgage crisis that
led to economic meltdown several years ago. In 2013, the shipments from
the textile sector were valued at $56.6 billion while its apparel shipments
arrived at $13.4 billion, amounting to$70 billion, taken together. The
market demand is configured of local sales and import value, deducting its
export, we come up with$163.793 billion in value term. Also in 2013,
United States imported 56.527 billion square meters of textiles and apparel
from the world suppliers, and China accounted for 47.98% in the import
cake-share in SME (square meters equivalent). Although it’s hard to
figure out the market size in tonnage term,we expect U.S. market to be
somewhere around 1000 tons with per capita consumption of 32.7 kg/year
as is reported by Fiber Organon in its fiber report(2012).
Chart 1: U.S. Trade Balance with the World (value: millions of
dollars)Source: U.S. Department of Commerce, Office of Textiles and
ApparelCommodity 2012 yr. 2013 yr. 2013 v.s. 2014 (Jan. - Apr.) Change
(%)World Yarn 1,261 1,440 420 v.s. 492 16.99 Fabric 797 1,064 433 v.s. 356
-17.89 Made-up -18,902 -19,685 -6,038 v.s. -6,224 3.08 Apparel -73,859 -
76,613 -23,124 v.s. -23,913 3.41 Total -90,703 -93,793 -28,308 v.s. -29,290
3.47
Chart 2: U.S. Per Capita Apparent Consumption of FibersYear Total fiber
consumption (10,000 tons) Population(millions)Per capita kg./year Man-
made fiber Cotton Wool Others Total
Chart 3: U.S. Textiles and Apparel Trade Balance with China (in thousand
dollars)Source: OTEXA, Department of Commerce2000 2005 2010 2013
Total Import 9,713,174 27,628,600 44,484,896 48,198,959 Total Export
228,309 682,265 1,123,237 1,452,123 Balance -9,484,865 -26,946,335 -
43,361,663 -46,746,836 Textiles:Yarn Import 46,429 300,651 573,214
725,412 Export 127,751 310,910 634,660 845,675 Balance 81,322 10,259
61,446 120,263 Fabric Import 427,877 1,042,846 1,422,388 2,087,277
Export 82,158 305,585 404,306 497,863 Balance -345,719 -737,261 -
1,018,082 -1,589,414 Made-ups Import 2,776,935 8,786,475 12,828,521
13,908,648 Export 12,593 31,079 59,925 61,046 Balance -2,764,342 -
8,755,396 -12,768,596 -13,847,602 Apparel Import 6,461,934 17,498,628
29,660,772 31,477,622 Export 5,807 34,691 24,342 47,539 Balance -
6,456,127 -17,463,937 -29,636,430 -31,430,083
Chart 4: U.S. Textile and Apparel Exports to China (USD, Millions)Year 2006
2007 2008 2009 2010 2011 2012 Total Value 773.6 849.0 959.7 883.9 1,123
1,285 1,299 Change 13.4% 9.8% 13.0% -7.9% 27.1% 14.4% 1.1%
Chart 5: Historical Data: U.S. Textiles and Apparel Exports to China in
DollarsYear 1990 2000 2010 2013 Total Value 170,359,651 228,309,490
1,123,233,482 1,452,123,052 Textiles Share 97.35% 97.45% 97.83% 96.72%
Source: OTEXA
Trade Balance with China
There is a trend of growing interest in both textile industries on
complementarity and mutuality as China is the single largest destination
for U.S. textiles and apparel outside U.S. FTAs’ region according to the
report entitled “Top 15 Markets for U.S. Textile and Apparel Exports”
published by Office of Textiles and Apparel (OTEXA), Department of
Commerce in 2013.
Although China is placed in the 4th standing in these to 15 markets,the
first three countries in the order of Canada, Mexico and Honduras are the
preferential trade partners enjoying duty-free access to United States
under NAFTA and CAFTA-DR, leaving China to be unable to compete on
equal footing in this special trade arrangement. Nevertheless, China is still
the biggest importer, regardless of FTA’s exclusion. Over the years, the
export from the United States to China has not changed much in structural
pattern, remaining almost the same product category with the textiles
taking an overwhelming and preponderant share even since 20 years ago
as is shown below:
Absolutely, it does not mean that Chinese consumers have few American
apparels in their closets,de facto, U.S. brands are very much favored in
consumers’ spending. Supply chain has been diversified in the process of
economic globalization, and owners and retailers reshaped and
renovated the sourcing base to keep a cost efficient, reliable,safe and
quick-response supply system by relocating productions to those
countries where the resources are economically viable. Chinese stores are
brimming with U.S. apparels manufactured outside China and channeled to
this populous and booming market in containers that are registered via
customs clearance to be exporters not from U.S.A., but from those
manufacturing countries, pursuant to the Rules of the context of
market size and mutuality, it speaks volumes about what the trade balance
underscores.