Good news is coming for kidswear exporters! According to OTEXA data, kidswear import of the USA has increased by 40.08 per cent to US $ 1.10 million in Jan.-Jun. ’21 period.
The growth is attributed to rising momentum in back-to-school shopping in the USA. The growth in the US kidswear market has given Asian exporters a reason to cheer as all major shipping destinations have grown in their respective shipments to USA in H1 ’21.
China stood tall with US $ 256.43 million worth of kidswear export to USA, noting 49.82 per cent yearly growth in Jan.-Jun. ’21.
India remained ahead of other neighbouring countries and clocked US $ 172.79 million worth of kids clothing shipment to USA, growing at the rate of 53.78 per cent.
Vietnam wasn’t too far from India and accommodated US $ 165.43 million revenues from its kidswear export to USA in H1 ’21. The South East Asian country noted around 49.43 per cent Y-o-Y growth.
As far as Bangladesh is concerned, the country shipped US $ 127.72 million worth of kids garment to USA, increasing its value by 30 per cent on yearly note.
The data suggest that kidswear is going to stay strong in the USA for some time and it is highly unlikely that any negative disruption will take place.
