USA has experienced a fall of 9.67 per cent in kidswear import value in January ’21, as revealed by OTEXA.
The country imported US $ 214.22 million worth of kidswear in the first month of 2021 as compared to US $ 237.14 million during Jan. ’20.
Weight-wise, USA declined by 5.28 per cent on Y-o-Y basis to import 11.04 million kg kidswear. And, the per kg price of the shipment valued US $ 19.40 in Jan. ’21 as compared to US $ 20.55 in Jan. ’20.
As far as major destinations are concerned, China plunged in value-wise shipment to USA in kidswear segment, while it noted growth in weight-wise exports (see tables below).
Y-o-Y % Change in Value-wise Kidswear Exports to USA:
(Values in US $ million)
Countries | Jan. ’20 | Jan. ’21 | % Change |
World | 237.14 | 214.22 | (-) 9.67 |
China | 56.53 | 52.23 | (-) 7.61 |
Vietnam | 31.32 | 33.05 | 5.51 |
India | 33.59 | 33.55 | (-) 0.11 |
Bangladesh | 30.05 | 24.44 | (-) 18.68 |
Y-o-Y % Change in Weight-wise Kidswear Exports to USA:
(Weight in million kilogram)
Countries | Jan. ’20 | Jan. ’21 | % Change |
World | 11.65 | 11.04 | (-) 5.28 |
China | 3.34 | 3.53 | 5.75 |
Vietnam | 1.31 | 1.39 | 6.57 |
India | 1.51 | 1.49 | (-) 1.90 |
Bangladesh | 1.62 | 1.37 | (-) 15.80 |
Bangladesh registered a negative month as it declined both in values and weight of the kidswear shipment to USA in Jan. ’21 on Y-o-Y basis.
As analysed further by Apparel Resources, India saw a miniscule decline in value-wise shipment to USA in kidswear category, while weight of the exports too was down marginally by just under 2 per cent.
Vietnam, on the other hand, increased both in values and weight of the shipped kidswear to USA during Jan. ’21 and became the only country to do so in top 5 tally.