HS Code:
The Boys' (334) category, typically falling under HS Code 6203 (Men's or Boys' Suits, Ensembles, Jackets, Blazers, Trousers, etc.), encompasses a wide range of clothing items specifically designed for boys. This category includes casual wear, formal wear, and sportswear made from various materials such as cotton, wool, and synthetic fibers. It is a significant segment of the global apparel market, driven by population growth, fashion trends, and seasonal demand. The trade in this category is influenced by factors such as labor costs, raw material availability, and trade agreements.
Total Trade Volume
USD 15.8 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
12.5%
Highest Rate
35% (imposed by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-Vietnam FTA)
Rising demand for sustainable and organic clothing
Increased production costs but higher consumer willingness to pay premium prices for eco-friendly products
2022
Growth of e-commerce in apparel sales
Expanded market reach for exporters, especially in developing countries, but intensified competition
2021-2022
Shift towards casual and athleisure wear
Boost in demand for versatile and comfortable boys' clothing, influencing production patterns
2020-2022
The US reduced tariffs on certain apparel categories, including boys' clothing, as part of Phase One trade deal negotiations.
January 2023
Expected to increase Chinese exports to the US by 10-15% in this category over the next year.
New EU regulations mandate stricter sustainability and transparency standards for apparel imports, affecting boys' clothing manufacturers.
March 2023
Potential cost increase for exporters but opportunity for differentiation through compliance.
Bangladesh announced incentives for garment exporters to boost production capacity, focusing on boys' and men's wear.
June 2023
Likely to solidify Bangladesh's position as a top exporter, potentially increasing market share by 5%.