Page 73 - September-October-2020
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                Vietnam (12.55 Euro per piece), and Tunisia (17.46   per piece), Nicaragua (US$7.62 per piece), China
                Euro per piece). It is noteworthy that despite being   (US$7.93 per peace), Vietnam (US$8.40 per piece),
                expensive, Turkey’ Jeans exports to EU in terms of   Cambodia (US$8.57 per piece), Sri Lanka (US$8.87
 CHART-3
                value, were higher than that of Pakistan, due to   per piece), Mexico (US$9.32 per piece), and Egypt
                higher value and better-quality Jeans.            (US$9.58 per piece).

                For the total US imports of denim jeans worth     World trade in denim fabric and jeans is likely to
                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
                Pakistan, Egypt, Nicaragua, Cambodia, Indonesia   dependent upon the overall COVID-19 scenario in
                and Sri Lanka. The cheapest denim jeans supplier to   the world. Even if the pandemic is completely
                USA was Bangladesh (US$6.68 per piece), followed   brought under control, the growth in denim trade is
                by Indonesia (US$7.62 per piece), Pakistan (US$7.58   less likely to be significantly sharp in 2021.




















 CHART-4

















 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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