Brassieres have continued to stay positive in the US market as import of the same grew 11 per cent year-over-year (Y-o-Y) in Feb. ’21 to US $ 207.29 million, according to OTEXA and an analysis done by the team of Apparel Resources.
Amongst top 5 shippers, China, Vietnam Indonesia and Bangladesh noted Y-o-Y growth in their respective brassieres exports to USA, while Sri Lanka’s export declined (see Table 1 below).
Y-o-Y % Change in Value-wise Brassieres Exports to USA:
(Values in US $ million)
Countries | Feb. ’20 | Feb. ’21 | % Change |
World | 186.71 | 207.29 | 11.02 |
China | 51.86 | 62.39 | 20.30 |
Vietnam | 32.64 | 41.59 | 27.42 |
Sri Lanka | 22.26 | 18.48 | -16.98 |
Indonesia | 16.59 | 19.78 | 19.23 |
Bangladesh | 12.82 | 15.33 | 19.58 |
However, as far as month-over-month (M-o-M) performance is concerned, USA’s import of brassieres has fallen in Feb. ’21 as compared to Jan. ’21 – marginally by 3.28 per cent. In Jan. ’21, the import valued US $ 214.33 million, which dropped by around US $ 7 million in Feb. ’21.
China and Sri Lanka majorly contributed to this fall, while Indonesia, Vietnam and Bangladesh remained positive even on M-o-M basis shipment.
M-o-M % Change in Value-wise Brassieres Exports to USA:
(Values in US $ million)
Countries | Jan. ’21 | Feb. ’21 | % Change |
World | 214.33 | 207.29 | -3.28 |
China | 82 | 62.39 | -23.91 |
Vietnam | 39.97 | 41.59 | 4.05 |
Sri Lanka | 19.20 | 18.48 | -3.75 |
Indonesia | 18.39 | 19.78 | 7.56 |
Bangladesh | 14.54 | 15.33 | 5.43 |