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Monday, 18 May 2020 12:07

Thailand emerges as biggest brassieres exporter to the US

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The exports of brassieres by Thailand to the US grew by 53.58 per cent during the Jan-Mar 2020 period. The country shipped $35.12 million brassieres in Q1’20 as against $22.87 million worth of brassieres to US in Q1’19. Volume-wise too, Thailand’s shipments increased by 53.76 per cent to 529,419 dozen of brassieres to the US market.

Percentage-wise growth of Thailand outpaced the performance of all other Asian apparel manufacturing countries including Bangladesh, Indonesia, China, Sri Lanka and India. Vietnam noted double-digit growth of 19.92 per cent in its exports of brassieres to USA in the review period which valued at $87.24 million, benefitting from the fall of China which shipped brassieres worth $144.61 million to the US.

Bangladesh’s exports increased by 4.13 per cent to $36 million worth of brassieres in Q1 ’20. However, volumes fell drastically by 15.20 per cent to stand at 1.31 million dozen. Exports by Indonesia and Sri Lanka too dwindled by 9.52 per cent and 4.69 per cent, respectively, in value terms in brassieres exports to USA, while fall recorded in volume terms was 26.71 per cent and 24.21 per cent, respectively, on the yearly note.

India’s values tumbled enormously by 40.81 per cent in its export of brassieres to US and shipment valued at merely $12.51 million in Q1 ’20 as compared to $21.14 million in Q1’19.