The U.S. textile industry, its domestic suppliers and customers are comprised of the following: the textile industry; suppliers in the cotton, wool, and man-made fiber sectors; the U.S. textile machinery and textile chemical industries; and our customers in the U.S. apparel industry.
The U.S. textile industry, suppliers and our customers are an important component of the U.S. economy and are found in every region of the country. The industry provides much needed jobs in rural areas and has functioned as a springboard for workers out of poverty into good paying jobs for generations. The industry is also a key contributor to our national defense and supplies over 8,000 products a year to our men and women in uniform.
Over the past 30 years, the industry has become a major factor in hi-tech innovation. Textile products are now major components in everything from heart valves and stents to aircraft bodies and advanced body armor. In fact, in 2010 the textile sector alone contributed $26.3 billion to the U.S. Gross Domestic Product. The U.S. textile industry consumed nearly 1.7 billion pounds of U.S. grown cotton in 2011.
The U.S. textile industry invested $16.5 billion from 2001-2010. This has allowed the U.S. industry to increase productivity gains that have surpassed all other sectors. Investment has been crucial for the global competitiveness of the U.S. industry. The U.S. textile industry is export intensive, and is the third largest textile exporter in the world.
The U.S. textile industry is the third largest textile exporter in the world. The industry primarily exports yarns and fabrics. Textile exports in 2011 totaled over $17 billion dollars. The industry exports to more than 50 countries, including 16 with export markets that purchase in excess of $100 million.
National Council of Textile Organizations