Over the years, T-shirt has been the top imported product by the US buyers and the trend has remained unchanged in H1 ’21.
According to OTEXA data that was compiled by Apparel Resources, T-shirt import by USA has grown to US $ 9.78 billion in January-June ’21 period, noting 37.97 per cent Y-o-Y surge.
Volume-wise, the import of T-shirt stood at 287.62 million dozen and increased by 46.37 per cent on Y-o-Y basis in the said period.
All major Asian apparel shippers upped their respective shipment of T-shirts to USA in H1 ’21, with Vietnam topping the list with US $ 1.72 billion value, and noting 21.82 per cent yearly growth.
On the other hand, China clocked US $ 1.56 billion from its T-shirt shipment to USA, marking 43.59 per cent surge in H1 ’21 over H1 ’20.
Another major T-shirt manufacturing country India registered 35 per cent Y-o-Y growth and shipped US $ 494.44 million worth of T-shirts to USA in H1 ’21. Volume-wise, India’ shipment stood at 14.62 million dozen that saw a jump of 55.21 per cent from the same period of 2020.
Bangladesh took its quantity-wise T-shirt shipment to USA to 19.18 million dozen and clocked US $ 471.19 million export turnover from the category, noting 62.85 per cent surge in values on yearly note.
India’s unit prices of shipped T-shirt in H1 ’21 valued US $ 33.82 per dozen, while the unit prices in case of Bangladesh hovered around US $ 24.56 per dozen.
It’s worth mentioning here that comparing India and Bangladesh in T-shirt shipment to USA, as both have neck-to-neck competition, India stands ahead of its neighbouring country when it comes to value-added T-shirt manufacturing for US buyers, while Bangladesh is still preferred for basic T-shirt commodities as suggested by data.