In this report, we’ve done the analysis of Denim Apparel Exports Of Vietnam from 2018 to 2019 for the first three quarters ie from January to September and our analysis focuses on three fundamentals :
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Quantity Exported
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Average Price
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% Change
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YTD – Jan To Sep 2019
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CONTENTS |
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Graphs and Tables Showing Jeans Exports From Vietnam To EU And The Average Price Of The Same During 2018-2019 |
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Graphs and Tables Showing Mens and Womens Jeans Exports From Vietnam To EUÂ During 2018-2019 |
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Graphs and Tables Showing Average Price Of Mens and Womens Jeans Exported From Vietnam To EUÂ During 2018-2019 |
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Graphs and Tables Showing Jeans Exported – Men &Women From Vietnam To EU For Jan- Sep 2018 & Jan- Sep 2019 |
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Jeans Exports
Jeans export from Vietnam to the EU has been increasing since 2018 and by the end of 2019, it is expected to witness a total rise of approx 7.4%. Comparing the export figures, this is to be noted that, Vietnam’s denim export saw an upward movement in the year 2018. In 2018, the export was around 4 million pcs which further increased to the level of 4.2 million pcs in 2019. The average price remained in the range of around euro 11-12/pc.
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Year |
Denim Exported (Pcs) |
Average Price (Euro/Pc) |
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Jan – Sep 2018 |
4,002,545 |
11.81 |
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Jan – Sep 2019 |
4,298,259 |
12.60 |
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Jan – Dec 2018 |
5,265,788 |
11.94 |
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Jan – Dec 2019 (Projected) |
5,731,012 |
12.60 |
Denim Exported (Pc) – From 2018 – 2019
Men V. Women Denim Exports
Vietnam is more into Men Denim and shares approx. 68-69% of the total export of Jeans,. However, the share has been increasing after every passing year and in 2019 it is expected to increase further. In the year 2018, the total export of women jeans was approx. 1.2 million pcs, against which, the export of Men’s Jeans was 2.7 million pcs. In 2019, the women jeans export fell down to 9.9 lakhs pcs whereas Men’s jeans increased by over 20% to 3.3. million pcs. So the market is moving more strongly towards the men’s jeans rather than the women’s.
The average price of women’s jeans is more competitive than men’s . The average price of Women denim revolved around Euro 10-11/pc however the price of Men’s denim has been fluctuating around Euro 12 per piece.
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Year |
Men ( Denim Exported – Pcs) |
Women( Denim Exported – Pcs) |
Men ( Av Price – Euro/Pc) |
Women ( Av Price – Euro/Pc) |
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Jan – Sep 2018 |
2,757,999 |
1,244,546 |
12.45 |
10.39 |
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Jan – Sep 2019 |
3,306,389 |
991,870 |
12.92 |
11.55 |
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Jan – Dec 2018 |
3,715,525 |
1,550,263 |
12.51 |
10.57 |
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Jan – Dec 2019 (Projected) |
4,408,518 |
1,322,493 |
12.92 |
11.55 |
Denim Exports : Men V. women
YTD – September 2019
Jeans export from Vietnam to the EU has been increased by 7 % if we compare YTD September 2018. During Jan-September ’19, the Women’s Jeans export witnessed a plunge of –20.3 %, and the export of men jeans witnessed a rise of 19.9% during the same period.
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Particulars |
Jan – Sep 2018 |
Jan – Sep 2019 |
% Change |
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Men |
2,757,999 |
3,306,389 |
19.9 |
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Women |
1,244,546 |
991,870 |
-20.3 |
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Total |
4,002,545 |
4,298,259 |
7.4 |
Denim Exports YTD – September 2019
On the whole against about 4 million jeans exported last year (including both men and women, this year is expected to be about 4.3 million or about 8.5% growth. Though this is not huge , we are expecting the real growth to come up next year when FTA with EU becomes operational and many of the capacities of garment factories that have been coming up go on stream.
On the whole, a huge growth for Vietnam is expected in the next couple of years as more and more Vietnamese and Chinese units become operational to take advantage of the FTAs.
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