OTEXA's December 2003 Textile and Apparel Trade Balance Report
The Commerce Department's Office of Textiles and Apparel (OTEXA) has issued its December 2003 Textile and Apparel Trade Balance Report (containing data through December 31, 2003). The Trade Balance Report shows imports and exports and calculates the trade balance for U.S. textile and apparel trade with the world and with major U.S. trading partners.
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(OTEXA notes that this report does not include (a) raw cotton, unspun wool, or man-made fiber products that have not been processed into yarns with twist or (b) apparel of leather, fur, or plastic.)
According to this report, general U.S. textile and apparel imports (Customs value), exports (F.A.S. value), and trade balance (value) for year-to-date December 2003 versus year-to-date December 2002 changed by the following percentages:
| World | 8.27% | - 1.91% | deficit increased by | 10.94% |
| Canada | - 0.71% | - 0.91% | deficit increased by | 0.89% |
| Mexico | - 5.63% | - 5.52% | deficit decreased by | 5.76% |
| China | 29.96% | 31.32% | deficit increased by | 29.93% |
| South Korea | - 10.14% | 10.67% | deficit decreased by | 10.99% |
| Hong Kong | - 4.99% | - 3.71% | deficit decreased by | 5.09% |
| Taiwan | - 0.15% | 14.10% | deficit decreased by | 0.50% |
| Japan | 17.21% | - 3.46% | deficit increased by | 130.49% |
| EU15 | 6.06% | - 2.36% | deficit increased by | 8.83% |
| ASEAN | 16.32% | 16.86% | deficit increased by | 16.31% |
| CBI (w/Haiti) | 1.55% | - 2.44% | deficit increased by | 5.19% |
| LDDC (w/o Haiti) | 9.25% | 16.24% | deficit increased by | 9.22% |
The Commerce Department states that the product coverage in this reportis "more extensive" than that in the Major Shippers Report because it includes certain products that have not been assigned a category number (and are not subject to quota or visa).
December 2003 report available at http://otexa.ita.doc.gov/msrpoint.htm.