T-shirt import by USA has declined to US $ 2.92 billion in Jan.-Feb. ’21 period from US $ 3.27 billion in the corresponding period of 2020. This is a straight fall of 10.70 per cent on Y-o-Y basis.
Volume-wise, the import of T-shirt stood at 83.68 million dozen and plunged by 8.04 per cent on Y-o-Y basis in Jan.-Feb. ’21 period.
It’s worth mentioning here that T-shirt is the top commodity that USA imports in apparel segment.
All major apparel shippers declined in their value-wise T-shirt exports to USA, except China.
According to an analysis done by Apparel Resources, China clocked US $ 403.87 million from its T-shirt shipment to USA, noting 5.37 per cent Y-o-Y growth.
As far as quantity of shipment is concerned, China exported 13.51 million dozen T-shirts to its largest trade partner, growing 17.58 per cent on yearly note.
Bangladesh upped its quantity-wise T-shirt shipment to USA by 2.87 per cent to 5.35 million dozen, which valued US $ 129.10 million and declined by 3.52 per cent in Jan.-Feb. ’21 period.
India couldn’t see positivity and declined both in values and quantities of the shipped T-shirts. The country clocked US $ 140.42 million in Jan.-Feb. ’21, declining 19.62 per cent, to ship 4.21 million dozen of T-shirts and noted a marginal drop of 0.06 per cent on Y-o-Y basis in the mentioned period.