THIS IS AN ARCHIVED SITE
This site contains information as of January 19, 2017. Click HERE to go the CURRENT Trade.gov Website.
facebook twitter Blog LinkedIn email youtube   

« TPP Home
automotive
Building Products
Chemicals
Consumer
energy
fish
forest products
health
Information and Communication Tech
machinery
metals
service
textiles
transportation
australia
brunei
canada
chile
japan
malaysia
mexico
New Zealand
peru
singapore
vietnam
download report

share

Textiles and Apparel  OPPORTUNITIES FOR THE U.S. TEXTILES AND APPAREL SECTOR
 Trans-Pacific Partnership

U.S. Textiles and Apparel Exporters Currently Face Barriers in New TPP Markets**


$758 Million
in U.S. Textiles and Apparel Exports to New TPP Markets in 2015.


Certain Textiles and Apparel Exports Face Tariffs in New TPP Markets as high as 34%


An Estimated $48 Million in Duties are Levied on U.S. Exports of Textiles and Apparel Products in New TPP Markets Every Year


TPP Will Provide
Immediate Benefits

Duty Savings in Year One of the Agreement on U.S. Imports of Textile and Apparel Products from the new TPP Markets may be as high as: $932 Million


Importance of the U.S. Textiles and Apparel Sector

The United States is the 4th Largest Single Country Exporter of Textiles in the World


49%
of Total U.S. Textiles and Apparel Exports went to TPP Markets in 2015


The United States is the Largest Single Country Importer of Textiles and apparel in the World


367,300 Textiles and Apparel Manufacturing Jobs in 2015

The Textiles and Apparel Sector includes products such as man-made fibers, yarn, knit and woven fabric, non-wovens, industrial and advanced textile materials, knit and woven apparel, carpets and rugs, and home furnishing products

Key Market Access Benefits

Japan will eliminate import taxes on 99.2% of U.S. textiles and apparel products exports immediately

Vietnam will eliminate import taxes on 98.4% of U.S. textiles and apparel exports immediately and 100% within 4 years

Malaysia will eliminate import taxes on 79.2% of U.S. textiles and apparel exports immediately

New Zealand will eliminate import taxes on 50.0% of U.S. textiles and apparel exports immediately and 100% within 7 years

New TPP Partners are Significant Markets for
U.S. Textiles and Apparel Exports

Japan $504 Million
Vietnam $206 Million
New Zealand $68 Million
Malaysia $58 Million
Brunei $345,000

U.S. Textiles and Apparel Exports Currently Face
High Barriers in New TPP Markets...

average Brunei tariff: 2.4%, Japan: 1.5%, Malaysia: 14.1%, New Zealand: 3.3%, Vietnam: 13.6%

...Which Will Be Eliminated Under TPP.

92.6% of U.S.Textiles and Apparel Exports to New
TPP Markets will Enjoy Duty-Free Access Immediately
(Share of Exports by Tariff Elimination Basket)


| | | |

Move the slider to see the percentage of goods that will become
duty-free over a certain amount of time

The Textile Industry in the United States and Opportunities for Selected Textile Subsectors

The United States is a globally competitive manufacturer of textiles. Textile industry workers are highly skilled and the industry is technologically advanced, with investments of $1.6 billion in total capital expenditures in 2013. In recent years, U.S. textile companies have focused on retooling their businesses, finding more effective work processes, and investing in niche products and markets.

cotton fiber, yarn and cotton woven fabricCotton Fiber, Yarn, and Cotton Woven Fabric

In 2014, the United States exported $394 million of cotton fiber*, yarn, and woven fabric to Vietnam, making the United States the second largest supplier of such products to Vietnam, behind only China. U.S. exporters hold 16% of the Vietnamese market for these goods even though they face tariffs of up to 12%. Under TPP, Vietnam will eliminate these tariffs immediately, giving U.S. cotton textile manufacturers an opportunity to increase their already significant exports to the Vietnamese market.

synthetic fiberSynthetic Fiber, Yarn, and Fabric

 

Since 2009, U.S. exports of synthetic fibers, yarns, and fabrics to Japan have grown by 61%, and last year U.S. manufacturers exported $91 million of these products to Japan. However, U.S. exporters face tariffs on their goods ranging from 2.7% to 10%. Under TPP, these tariffs will be eliminated immediately, further opening the Japanese market to U.S. synthetic textile manufacturers.

Industrial Technical Textile FabricsIndustrial and
Advanced Textile Fabrics

In 2014, the United States exported $91 million of industrial and advanced textile fabrics to Japan, where the United States is the fourth largest supplier of these fabrics, behind only China, South Korea, and Taiwan. Similarly, in 2014, the United States exported $27.7 million of industrial and advanced textile fabrics to Malaysia, where the United States is the second largest supplier of these fabrics, behind only China. U.S. exports currently face tariffs of up to 8.2% in Japan and 20% in Malaysia. Under TPP, nearly all these tariffs will be eliminated immediately.

* For more information on how cotton fibers will be treated under TPP, please visit the U.S. Department of Agriculture at www.fas.usda.gov/tpp

Note: This report also covers leather hides and skins.

• For more information on the HS lines included in this sector report, please see this document.

* TPP Countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru,
Singapore, the United States, and Vietnam

** New TPP Countries: Countries with which the United States currently does not have preferential
market access - Brunei, Japan, Malaysia, New Zealand, and Vietnam

For more information on the methods and calculations used, please see this guide.

divider

The International Trade Administration, U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. This site contains PDF documents. A PDF reader is available from Adobe Systems Incorporated.