Page 71 - September-October-2020
P. 71
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 per piece), Nicaragua (US$7.62 per piece), China
(US$7.93 per peace), Vietnam (US$8.40 per piece),
Euro per piece). It is noteworthy that despite being
Cambodia (US$8.57 per piece), Sri Lanka (US$8.87
expensive, Turkey’ Jeans exports to EU in terms of
value, were higher than that of Pakistan, due to
per piece), Mexico (US$9.32 per piece), and Egypt
(US$9.58 per piece).
higher value and better-quality Jeans.
For the total US imports of denim jeans worth
World trade in denim fabric and jeans is likely to
and jeans trade US$3,629 mn in 2019, Mexico was the largest decline in 2020 due to COVID-19 but will hopefully
supplier, followed by China, Bangladesh, Vietnam,
rebound in 2021. However, the recovery will be
dependent upon the overall COVID-19 scenario in
Pakistan, Egypt, Nicaragua, Cambodia, Indonesia
the world. Even if the pandemic is completely
and Sri Lanka. The cheapest denim jeans supplier to
USA was Bangladesh (US$6.68 per piece), followed
less likely to be significantly sharp in 2021.
by Indonesia (US$7.62 per piece), Pakistan (US$7.58 brought under control, the growth in denim trade is
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),
September/October 2020 September/October 2020

