Product intelligence · HS 620920 · 2024 data

Garments and clothing accessories: babies\', of cotton (not knitted or crocheted)

Global exports of garments and clothing accessories: babies\', of cotton (not knitted or crocheted) totalled $1,131,216,102 in 2024, a -6.2% change from the previous year. Traded by 172 countries across 5,124 bilateral corridors, with demand from 195 importing markets. The long-term trend is declining.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$1.1B

-6.2% YoY

3Y / 5Y CAGR

-4.0%

5Y: -4.0%

Supply structure

Diversified

HHI 0.107

Volatility

Low

Score 9/100

1.

Market movement

In 2024, garments and clothing accessories: babies\', of cotton (not knitted or crocheted) trade exhibited significant decline, with global flows reaching $1,131,216,102 and a three-year compound annual growth rate of -4.0% (five-year: -4.0%). The all-time peak of $1,884,099,861 was recorded in 2007; the current level is 40% below that high-water mark.

Over the 30-year observation window (19952024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (+0.8% acceleration).

The World Trade Flows Characterization classifies garments and clothing accessories: babies\', of cotton (not knitted or crocheted) as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.107). The three largest exporters — Bangladesh ($241.8M), China ($197.0M), and India ($143.9M) — collectively dominate supply flows. The leading exporter has grown at -3.5% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.073). The three largest import markets are United States ($238.6M), France ($103.1M), and Germany ($79.2M). The largest importing market sources from 90 different supplying countries.

The dominant trade corridor is Bangladesh → United States at $86.4M, representing 36.2% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for garments and clothing accessories: babies\', of cotton (not knitted or crocheted) is 9 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, contracting demand signals caution before committing resources. 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.

Historical evidence

Annual trade value 19952024

Peak: $1,884,099,861 in 2007. Currently 40% below peak.

YearGlobal trade (USD)YoY growth
2015$1,622,060,670-11.8%
2016$1,459,923,645-10.0%
2017$1,477,606,655+1.2%
2018$1,427,763,190-3.4%
2019$1,383,932,338-3.1%
2020$1,158,916,524-16.3%
2021$1,276,940,586+10.2%
2022$1,391,122,004+8.9%
2023$1,206,161,206-13.3%
2024$1,131,216,102-6.2%

Top exporting countries

Ranked by export value of garments and clothing accessories: babies\', of cotton (not knitted or crocheted) in 2024.

View all 172 exporters →

Top importing markets

Largest import destinations for garments and clothing accessories: babies\', of cotton (not knitted or crocheted).

View all 195 markets →

Leading trade corridors

Largest bilateral export flows for garments and clothing accessories: babies\', of cotton (not knitted or crocheted), ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1BangladeshUnited States$86.4M-3.3%
2BangladeshFrance$34.7M+12.9%
3ChinaUnited States$34.3M-1.0%
4VietnamUnited States$34.2M-3.1%
5IndiaUnited States$27.9M+2.6%
6BangladeshGermany$21.6M-8.4%
7ChinaFrance$19.5M-8.8%
8IndonesiaUnited States$19.3M+10.9%

Showing top 8 of 10 corridors with available data for 2024.

Go deeper

Get the full intelligence picture

Interactive charts, AI-powered opportunity scoring, competitor benchmarking, and real-time alerts for garments and clothing accessories: babies\', of cotton (not knitted or crocheted). Free to start — no credit card required.

Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.