Brassieres import by the USA has seen a rise of 22 per cent on M-o-M basis in Mar. ’21 and 75.65 per cent on Y-o-Y basis, according to OTEXA and an analysis done by the team of Apparel Resources.
Importing US $ 252.88 million worth of brassieres in Mar. ’21 as against US $ 207.29 million in Feb. ’21, the country has sent a clear message that the demand for lingerie items may continue this summer season.
China, Vietnam and Sri Lanka – the top 3 brassieres suppliers to USA – remained positive both on M-o-M and Y-o-Y basis, while Indonesia and Bangladesh (4th and 5th top shippers) noted Y-o-Y growth in their respective brassieres exports to USA but fell on monthly note (see table 1 and table 2 below).
M-o-M % Change in Value-wise Brassieres Exports to USA:
(Values in US $ million)
Countries | Feb. ’21 | Mar. ’21 | % Change |
World | 207.29 | 252.88 | 22 |
China | 62.39 | 77.58 | 24.35 |
Vietnam | 41.59 | 53.59 | 28.85 |
Sri Lanka | 18.48 | 24.24 | 31.17 |
Indonesia | 19.78 | 18.38 | 7.08 |
Bangladesh | 15.33 | 12.48 | 18.59 |
Table 1
Y-o-Y % Change in Value-wise Brassieres Exports to USA: (Values in US $ million)
Countries | Mar. ’20 | Mar. ’21 | % Change |
World | 143.97 | 252.88 | 75.65 |
China | 27.01 | 77.58 | 187.23 |
Vietnam | 24.49 | 53.59 | 118.82 |
Sri Lanka | 22.05 | 24.24 | 9.93 |
Indonesia | 15.59 | 18.38 | 17.90 |
Bangladesh | 9.19 | 12.48 | 35.80 |
Table 2
The monthly decline of Bangladesh in March may worry the exporters because the subsequent months – April and May – were the months when COVID-19 again impacted the business, forcing factories to go shut due to imposed nation-wide lockdown.