Finance & Economy | News & Insights

India’s kidswear export grows marginally by 5% in Nov. ’20.

Published: January 18, 2021
Author: Manali bhanushali

According to Ministry of Commerce and Industry (India), the kidswear exports of the country are up 5 per cent to US $ 93.12 million in November ’20.

India has seen a Y-o-Y growth in all major destinations in November for its kidswear such as USA (1st), UK (2nd), UAE (3rd), Germany (4th) and France (6th) but fell in Saudi Arabia – its 5th top market.

USA upped its import of kidswear from India by 4.45 per cent to US $ 27.25 million in November ’20, while UK imported US $ 15.56 million worth of babies’ garments, growing 7.09 per cent on Y-o-Y basis.

Kidswear exports to UAE and Germany grew by 105 per cent and 25.89 per cent, respectively. The shipment to UAE doubled on yearly basis to US $ 13.88 million in November ’20 and the same valued US $ 4.62 million as far as Germany is concerned.

On the other hand, Saudi Arabia witnessed a drop of 6.49 per cent in its kidswear shipment from India which stood at US $ 4.47 million.

However, due to COVID-19 repercussions on the market, kidswear export was down by 15.16 per cent cumulatively in Jan.-Nov. ’20 period clocking US $ 883.25 million revenues.

USA, being the largest market, contributed US $ 245.50 million in total kidswear shipment value, falling 5.21 per cent on Y-o-Y basis.

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