Bangladesh And China Increase Their Denim Exports To USA | 2013-18

0 929

Bangladesh and China are the two South East Asian Countries which have been leading the US denim exports charts for the last few years alongwith Mexico. China was struggling few years back due to surging labor prices however now the country is recovering, but amid tariff war with the USA  we’r not sure if it is going to sustain the recovery for long .

In this report, we have :

  1. Analysed the Denim Exports along with average price and growth of Bangladesh & China towards USA for 2013-18 ( June’18)
  2. Segmented the total denim exports into Women & Men Denim and analysed the same for the aforesaid period .
  3. Comprehensive analysis of growth in the exports of both the countries along with the changes in the average price of Mens and Womens Denim .
Table Showing Exports of All Denim Apparels(Million Pcs) along with Growth Rates  To USA From 2013 to June 2018 By Bangladesh And China
Graph Showing Exports of All Denim Apparels(Million Pcs) To USA From 2013 To June 2018 by Bangladesh And China
Graph Showing Export Growth Rates Of Bangladesh & China From 2013- 2018
Table Showing Average Price All Denim Apparels Exported To USA From 2013 to June 2018 By Bangladesh & China
Graph Showing Average Price All Denim Apparels Exported To USA From 2013 to June 2018 By Bangladesh & China

Table Showing Mens & Womens Denim Exported To USA By Bangladesh & China From 2013- 2018

Graph Showing Mens & Womens Denim Exported To USA By Bangladesh & China From 2013- 2018
Table Showing  Average Price Of Mens & Womens Denim Exported To USA By Bangladesh & China From 2013- 2018
Graph Showing Average Price Of Mens & Womens Denim Exported To USA By Bangladesh & China From 2013- 2018

[private_special]

Exports of All Denim Apparels(Million Pcs) along with Growth Rates  To USA From 2013 to June 2018 By Bangladesh And China

Year 2013 , 2014 and Year 2015 have been not very good, neither for Bangladesh nor for China. Both the countries were trailing when it comes to exports to the USA. Bangladesh was down by 6% and 1% in year 2014 & 2015 respectively however China was even worse with 13% and 2% in the same year. Bangladesh bounced back in the year 2016 with an increase of 16% with the export of 77.6 million pcs on the table however China exported 123.58 million pcs in the same year but the growth was adverse which was 7%. Year 2017 was again proved to be positive for Bangladesh with a growth of 9% , though lower than previous year but the country was growing .

China , on other hand , was recovering from its previous debacle and managed to reduce the adverse growth rate from 7% to 3% in 2017 . Year 2018 seems more interesting for both the countries as both are expected to register very encouraging growth rates by the end of this FY. Bangladesh is expected to export approx. 96 million pcs of denim to the USA with a growth rate of 14% however the anticipated growth of China is 13%, which may surprise many trade pandits. If China manages to keep the pace of its first half whole year then it might reach the export volume of  135.86 million pcs , but due to recent tariff war between China and US , we aren’t vouching it to be like this as it seems now.

Years

All Denim Apparel ( Million Pcs)

B A N G L A D E S H

% Growth

All Denim Apparel ( Million Pcs)

C H I N A

% Growth

2013

72.23

155.23

2014

67.58

-6%

135.37

-13%

2015

67.02

-1%

133.13

-2%

2016

77.6

16%

123.58

-7%

2017

84.47

9%

119.72

-3%

2018 ( Till June)

48.18

67.93

2018 ( Projected)

96.36

14%

135.86

13%

Bangladesh & China Increase Their Denim Exports To USA | 2013-18| Denimsandjeans.com

Bangladesh & China Increase Their Denim Exports To USA | 2013-18| Denimsandjeans.com

Average Price All Denim Apparels Exported To USA From 2013 to June 2018 By Bangladesh & China

Average Price at which both the countries have been exporting Denim to the USA remained consistent with minor fluctuations. There was a time when China was known for its competitive price , which now has been  exporting on a higher price as compared to its rival country – Bangladesh .

The average price of Bangladesh trades between the range of USD6 to 6.5 /PC from 2014 to 2018 however China is exporting at the average price range of USD7.5 to USD 8 /Pc which is USD1.5 more than Bangladesh.

Year

Average Price ( USD/Pc)

B A N G L A D E S H

Average Price ( USD/Pc)

C H I N A

2014

6.4

7.36

2015

6.53

7.52

2016

6.12

7.75

2017

6.06

7.75

2018

6.52

7.96

Bangladesh & China Increase Their Denim Exports To USA | 2013-18| Denimsandjeans.com

Mens & Womens Denim Exported To USA By Bangladesh & China From 2013- 2018

We can immediately understand that China is more into exports of Women’s Denim Garment however Bangladesh is more concentrated on Men’s Denim Export . In 2013 , the ratio of Mens: Womens for Bangladesh was 64:34 however year after year , the ratio inclined towards Women Denim Export. In the 1st half of 2018 , the share of Men’s denim in total export reduced to 56% however Womens denim accounts for 44% in the total export.

So far as the average price of both the categories are concerned , Women Denim is cheaper than Men’s on an average basis however, In 2018 , the men’s denim average price was USD 6.55/Pc but Women’s Denim was USD 6.51/Pc which is again little surprising. For China , the womens : mens denim remained closed to consistent with minor fluctuations over the years . On an average the country’s Women : Men denim export remained 75 : 25 however in terms of price , inconsistency has been observed over the years. In 2018 , the average price for Mens Denim Export is USD 8.58/Pc and for Womens Denim Export , it is USD 7.52/Pc.

Years

Women Denim ( Mil Pcs)

B A N G L A D E S H

Mens Denim ( Mil Pcs)

B AN G L A D E S H

Women Denim ( Mil Pcs)

C H I N A

Mens Denim ( Mil Pcs)

C H I N A

2013

26.14

46.09

118.36

36.88

2014

24.05

43.54

104.53

30.84

2015

25.73

41.29

102

31.13

2016

30.48

45.71

89.1

32.87

2017

34.99

48.72

85.46

32.27

2018

42.16

52.64

100.72

30.24

Bangladesh & China Increase Their Denim Exports To USA | 2013-18| Denimsandjeans.com

Bangladesh & China Increase Their Denim Exports To USA | 2013-18| Denimsandjeans.com

Average Price Of Men’s & Women’s Denim Exported To USA By Bangladesh & China From 2013- 2018

Years

Women Denim ( USD/PC)

B A N G L A D E S H

Mens Denim ( USD/PC)

B AN G L A D E S H

Women Denim (USD/PC)

C H I N A

Mens Denim ( USD/PC)

C H I N A

2013

6.41

6.24

7.97

7.77

2014

6.75

6.2

7.27

7.67

2015

7.25

6.09

7.38

7.97

2016

6.66

5.79

7.67

7.96

2017

6.32

5.89

7.78

7.68

2018

6.51

6.55

7.82

8.58

Bangladesh & China Increase Their Denim Exports To USA | 2013-18| Denimsandjeans.com

Bangladesh and China both are crucial denim players not only for the USA , but also for the rest of the world . New South Asian Competitors like Vietnam, Cambodia and Myanmar have been showing encouraging figures towards the exports and also the price seems very competitive . Amid such cut throat competition , innovation and quality are two commodities which could help the both to be little ahead from others. Pakistan , as a veteran denim supplier is moving ahead with the quality and if it manages to offer a competitive price with quantities , both  Bangladesh and China can be in trouble.

[/private_special]

Subscribe For Latest Updates

Signup for our newsletter and get notified when we publish new articles for free!




× WhatsApp Us