Men’s shirt exports from India have valued US $ 1.61 billion during January to November ’22 period, as per the latest statistics available from Ministry of Commerce and Industry, India.
While compiling data of knitted shirts and woven shirts in men’s category, Apparel Resources found the country has experienced 30.07 per cent Y-o-Y surge.
Of total exports, knitted shirts contributed US $ 669.88 million (up by 23.10 per cent), while woven shirts accommodated US $ 940.25 million (up by 35.53 per cent) in revenues.
The USA remained much ahead of other export destinations with a large margin! India exported US $ 631.28 million worth of men’s shirts in the US market – almost 39 per cent of its entire men’s shirt export value – noting 58.67 per cent yearly growth.
UAE was the second largest export destination with US $ 177 million worth of men’s shirt exports; however, the Middle-East country sourced 24.33 per cent less men’s shirts from India in the mentioned period as compared to the same period of the prior year.
Men’s shirt exports to the UK valued US $ 93.80 million, growing by 24 per cent on Y-o-Y basis.
It’s worth noting here that men’s shirt export values constitute around 10.50 per cent of India’s overall apparel export values (US $ 15.29 billion) in January to November ’22 period.
