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US registers 47% increase in monthly imports of T-shirts

  

According to Apparel Resources, US registered a 47 per cent increase in T-shirt imports in June ’20 on a monthly basis, owing to gradual rebound of the apparel market. The country imported T-shirts worth $902 million during the month. However, imports on a Y-o-Y basis during the January-June’20 period, fell by 32.38 per cent to $7.09 billion worth of T-shirts as against $10.49 billion in the first half of 2019.

All major shippers to the US registered a growth in T-shirt export on monthly basis in June ’20 over May ’20, but their imports fell on a Y-o-Y from June ’19. Vietnam shipped $195.12 million worth of T-shirts in June ’20, noting 26.05 per cent increase from May ’20. However, the country’s shipments declined by 36 per cent from June’19. China too noted 66.13 per cent increase in its T-shirt exports to the US in June ’20 on monthly basis. However, its shipments declined by 59 per cent from what it valued in June ’19.

Bangladesh also upped its T-shirt exports to the US by 20.95 per cent in June ’20 over May ’20 and hit US $ 28 million revenue. Y-o-Y exports declined 59.6 per cent as compared to June ’19. India’s T-shirt exports to the US surged by 54.66 per cent in June ’20 over May ’20. It clocked $22.27 million revenue from T-shirt shipment to US in June this year. However, its shipments on Y-o-Y basis fell by 72.60 per cent from June ’19.

 
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