Page 70 - September-October-2020
P. 70

By Dr. Tanveer Hussain
       70                 Leading players in                                                                                                                                                                            CHART-1       71

         Articles  the global denim fabric                                                                                                                                                                                                                                                                                                                                                                                         Vietnam (12.55 Euro per piece), and Tunisia (17.46
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     (US
                                                                                                                                                                                                                                                                                                                                                                                                                                   Euro per piece). It is noteworthy that despite being
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Cam
                                                                                                                                                                                                                                                                                                                                                                                                                                   expensive, Turkey’ Jeans exports to EU in terms of
                                                                                                                                                                                                                                                                                                                                                                                                                                   value, were higher than that of Pakistan, due to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     per
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     (US
                                                                                                                                                                                                                                                                                                                                                                                                                                   higher value and better-quality Jeans.
                                                                                                                                                                                                                                                                                                                                                                                                                                   For the total US imports of denim jeans worth
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Wor
                               and jeans trade                                                                                                                                                                                                                                                                                                                                                                                     US$3,629 mn in 2019, Mexico was the largest       dec
                                                                                                                                                                                                                                                                                                                                                                                                                                   supplier, followed by China, Bangladesh, Vietnam,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     reb
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     dep
                                                                                                                                                                                                                                                                                                                                                                                                                                   Pakistan, Egypt, Nicaragua, Cambodia, Indonesia
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     the
                                                                                                                                                                                                                                                                                                                                                                                                                                   and Sri Lanka. The cheapest denim jeans supplier to
                                                                                                                                                                                                                                                                                                                                                                                                                                   USA was Bangladesh (US$6.68 per piece), followed
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     les
                                                                                                                                                                                                                                                                                                                                                                                                                                   by Indonesia (US$7.62 per piece), Pakistan (US$7.58












                                                                                                                                                                                                                        CHART-2
















                                                                               Dr. Tanveer Hussain (Professor / Rector)
                                                                                 National Textile University, Pakistan.



            According to the Textile Outlook International, world   denim fabric with cotton content of more than 85%,
            export of denim fabric stood at US$4,632 mn in 2019,   Pakistan emerged as the world’s No. 1 fabric
            comprising US$2,428 mn fabric with cotton content   exporter in 2019. Pakistan’s denim fabric mainly goes
            of 85% or more, and US$2,204 mn fabric with a     to Bangladesh, which was world’s largest denim
            cotton content of below 85%. China emerged as the   fabric importing country in 2019, followed by Hong
            world’s top denim fabric exporting country in 2019,   Kong, Vietnam, China, Turkey, Egypt, Cambodia,
            followed by Pakistan, India, Turkey, Hong Kong, USA,   Tunisia, Mexico and Colombia. The largest denim
            Italy, Egypt, Japan and Mexico. Out of China’s total   fabric supplier to Bangladesh in 2019 was China with           The highest import of denim fabric by Bangladesh   Vietnam also has a free trade agreement with EU.
            denim fabric exports of US$2,022 mn, the major    44.6% share, followed by Pakistan with a 26.1%                      coincides with its export of denim Jeans Trousers.   The cheapest supplier of Jeans to EU was China
            share of exports (US$1,554.6 mn) was in fabric with   share and India with a share of 16.8%. Pakistan could           Bangladesh was the largest exporter of Jeans      (5.71 Euro per piece), followed by Bangladesh (6.06
            cotton content below 85%. Out of Pakistan’s total   have earned almost 2.5 times more foreign exchange                trousers to EU in 2019, followed by Turkey, Pakistan,   Euro per piece), Pakistan (7.04 Euro per piece),
            denim fabric exports of US$587.3 mn, the major    by exporting jeans garments to major markets of EU,                 China, Tunisia, Cambodia, Egypt, Morocco, Vietnam   Cambodia (7.08 Euro per piece), India (8.88 Euro per
            share (US$497.1 mn) was in fabric with a cotton   USA and other countries, instead of exporting less                  and India. Bangladesh enjoys duty-free access to   piece), Egypt (10.68 Euro per piece), Morocco (11.17
            content of 85% or more. In fact, in the category of   value-added fabric to countries like Bangladesh.                EU, along with Pakistan and Cambodia, whereas     Euro per piece, Turkey (12.11 Euro per piece),




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