The surge in imported textiles and apparel, specifically cotton textiles and apparel, has been attributed in large part to the increased appreciation of the dollar and the resulting relative price decline of foreign goods imported into the United States. The objective of this paper was to study exchange rate patterns relative to the U.S. dollar of countries that are major cotton textile and apparel trading partners with the United States and to determine the impact and strength of correlation between exchange rates and the rate of growth in cotton textile and apparel imports from these countries into the United States. Findings suggest that although changes in exchange rates are a significant factor, changes in the growth rate of the gross domestic product (GDP) may be more important for explaining the variation in import volume.