T-shirts continue to be the most popular imported clothing item among US consumers in H1 '21
23rd August 2021, Mumbai:
T-shirts have consistently been the most popular imported product by US customers, and this tendency has continued in H1 '21. According to OTEXA statistics collected by Apparel Resources, T-shirt imports by the United States increased by 37.97% Y-o-Y to the US $ 9.78 billion in the January-June 21 period.
T-shirt imports were 287.62 million dozen in volume, up 46.37 percent on a year-over-year basis during the period.
In the first half of this year, all major Asian clothing exporters increased their T-shirt shipments to the United States, with Vietnam leading the list with a value of US $ 1.72 billion and a year-over-year increase of 21.82 percent. On the other hand, China's T-shirt exports to the United States were US $ 1.56 billion in H1 '21, a 43.59 percent increase over H1 '20. In the first half of this year, India, another big T-shirt manufacturing country, had a 35 percent year-over-year increase in T-shirt exports to the United States, totaling $494.44 million. In terms of volume, India's export was 14.62 million dozen, up 55.21 percent from the same time in 2020.
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Bangladesh increased its T-shirt shipment to the United States to 19.18 million dozen, resulting in a US $ 471.19 million export turnover, or a 62.85% increase in value on an annual basis. In H1 '21, India's unit pricing for exported T-shirts was the US $ 33.82 per dozen, while Bangladesh's unit costs were about US $ 24.56 per dozen.
When comparing India and Bangladesh in terms of T-shirt shipments to the United States, it's worth noting that, despite the fact that both countries compete head-to-head, India outperforms Bangladesh in terms of value-added T-shirt manufacturing for US buyers, while Bangladesh continues to be preferred for basic T-shirt commodities, according to data.
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