Shirts: men\'s or boys\', of man-made fibres, knitted or crocheted

In 2024, shirts: men\'s or boys\', of man-made fibres, knitted or crocheted trade exhibited strong growth, with global flows reaching $3,184,861,409 and a three-year compound annual growth rate of +15.9% (five-year: +8.5%). The all-time peak of $3,184,861,409 was recorded in 2024.

Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+11.9% acceleration).

The World Trade Flows Characterization classifies shirts: men\'s or boys\', of man-made fibres, knitted or crocheted as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.113). The three largest exporters — China ($833.4M), Vietnam ($573.1M), and Bangladesh ($163.0M) — collectively dominate supply flows. The leading exporter has grown at +19.3% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.167). The three largest import markets are United States ($1.2B), Japan ($269.6M), and Germany ($135.1M). The largest importing market sources from 95 different supplying countries.

Estimated substitution elasticity: -6.36. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Vietnam → United States at $299.9M, representing 24.3% of the importer's total demand.

The volatility score for shirts: men\'s or boys\', of man-made fibres, knitted or crocheted is 4 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.