HS Code:
The Men's (645) category, under the Harmonized System (HS) Code, typically refers to men's or boys' clothing, such as suits, jackets, trousers, shirts, and other apparel items made of various materials. This category is a significant segment of the global textile and apparel industry, driven by fashion trends, seasonal demand, and economic factors. It includes both formal and casual wear, catering to diverse demographics and markets worldwide.
Total Trade Volume
USD 92.5 billion
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
Average Rate
12.5%
Highest Rate
35% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-USMCA or RCEP)
Rise of Sustainable Fashion
Increased demand for eco-friendly and ethically produced men's clothing, pushing manufacturers to adopt sustainable practices.
2021-2023
Growth of E-commerce
Significant shift towards online retail platforms, enabling smaller brands to access global markets and increasing competition.
2020-2023
Casualization of Menswear
Growing preference for casual and athleisure wear over formal attire, influenced by remote work trends post-COVID-19.
2020-2022
Phase 1 of the US-China trade deal reduced tariffs on certain apparel categories, including men's clothing, boosting exports from China to the US.
January 2023
Positive for Chinese exporters; potential challenges for competing countries like Vietnam.
The European Union introduced stricter regulations on textile imports, mandating transparency in supply chains and sustainable production methods.
March 2023
Increased compliance costs for exporters but improved market access for sustainable producers.
The EVFTA has led to a reduction in tariffs on Vietnamese apparel exports to the EU, making Vietnam a more competitive supplier in the men's clothing category.
August 2022
Boosted Vietnam's market share in the EU, challenging traditional exporters like Bangladesh.