T-shirt imports by the US declined by 10.70 per cent to $ 2.92 billion in the January-February ’21 period from $3.27 billion in the corresponding period of 2020. As per Apparel Resources, import volumes declined 8.04 per cent to 83.68 million dozen during the period.
All major apparel shippers recorded a dip value-wise in T-shirt exports to the US, except China. China’s exports grew 5.37 per cent Y-o-Y to $ 403.87 million. It exported 13.51 million dozen T-shirts, a 17.58 per cent yearly growth. Bangladesh’s exports grew 2.87 per cent on a yearly basis to 5.35 million dozen, which valued $ 129.10 million and declined by 3.52 per cent in the January-February ’21 period.
India’s exports declined both in terms of quantity and value. The country clocked $ 140.42 million in January.-February. ’21 to ship 4.21 million dozen of T-shirts and noted a marginal drop of 0.06 per cent on Y-o-Y basis during the period.