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2005-11-17
Decline of the US textile and apparel industry has led to drop in imports particularly cotton yarn that has recorded significant drop.
Cotton yarn imports in September slid to 7,083 tons, registering a 12.4 percent annual drop, and at lowest level of imports in the last five years.
Despite adverse market situation, Pakistan topped as largest yarn exporter to the US whereas imports from Mexico and Canada have registered a decline.
On the same level, even though the quantity is small, imports from Thailand and India have registered growth.
Total cotton yarn imports from January to September reached 90,395 tons, registering 12.1 percent decline as compared to the last year over the same period; one third of all imports came from Pakistan.
Canada, Mexico, South Korea, Indonesia, Thailand, Brazil and India were the other leading exporters of cotton yarns to the US.
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