U.S. registers 47 % increase in monthly imports of T-shirts

According to Apparel Resources, US registered a 47 %  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 USD 902 million during the month. However, imports on a Y-o-Y basis during the January-June’20 period, fell by 32.38 %  to USD 7.09 billion worth of T-shirts as against USD 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 USD 195.12 million worth of T-shirts in June ’20, noting 26.05 %  increase from May ’20. However, the country’s shipments declined by 36 %  from June’19. China too, noted 66.13 % increase in its T-shirt exports to the US in June ’20 on monthly basis. However, its shipments declined by 59 %  from what it valued in June ’19.

Bangladesh also upped its T-shirt exports to the US by 20.95 %  in June ’20 over May ’20 and hit US USD  28 million revenue. Y-o-Y exports declined 59.6 %  as compared to June ’19. India’s T-shirt exports to the US surged by 54.66 %  in June ’20 over May ’20. It clocked USD 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 %  from June ’19.