ASEAN region comprises countries like Brunei, Burma(Myanmar), Cambodia , Indonesia , Laos, Malaysia, Phillipines , Singapore and Thailand . These countries have been getting important in the denim world . Lets see what denim apparel they are exporting to US and at what prices .
Here is a snapshot from our data section on the figures of exports to US from ASEAN countries for the last 10 years including the first quarter of 2011.
So , we can see from the above images that :
- The total exports from ASEAN to US is almost stable. However, if we go into individual country exports , we will find that there is a realignment with some countries losing their exports and countries picking up the volumes.
- The average prices of exports have started to pickup from the last 2 years and specially in 2011 – showing the impact of cotton prices.
- The first quarter of 2011 has not been very good and the volumes are below the average of previous year. This reflects the trend of falling denim exports to US.