Denim Imports Into US From AGOA, ASEAN, Latin America, EU and CAFTA Regions

In this report ,we analyse how the different trade groups/regions  of the world are faring when exporting their denim apparel to US in 2017 vs 2016. These regions include the ASEAN, AGOA, CAFTA, EU27 and Latin America. We also analyze the comparative growth in exports from these regions in the two years and their relative % shares.

Table Of Contents

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1. All Denim Apparels

a. In 2017

The exports of all denim apparels into USA from different countries shows that Latin America was the largest exporter of denims with about 131 million pcs with the average price of usd 8.16 per pc,in 2016 and with the decrease of 11% it fell to about 119 million pcs with the average price of usd 8.23 per pc, in 2017 . ASEAN(Second largest exporter) followed with about 47 million pcs and the average price of usd 8.27 per pc in 2016 which saw an increase of 7% to about 50 million pcs and an average price of usd 8.16  per pc. in 2017. The third largest exporter was AGOA where the exports in the year 2016 was 21.50 million pcs with the average price of usd 7.37 per pc and with the decrease of 6% the exports went down to about little more than 20 million pcs with the average price of usd 7 per pc in 2017. CAFTA and EU 27 were the lowest exporters with about 20 million pcs and 1 million pcs in the year 2017 of which CAFTA saw an decrease of 7% . However EU 27 saw an increase of 30% in 2017.
Among Latin American countries, Mexico is the main country which exports to US and has the lion’s share . However, on the whole, we see a fall in exports from all these regions put together. AGOA , though losing this year, might gain next year as Ethiopia steams up and exports more and more denim apparel to US . ASEAN was the biggest gainer in export growth.

b. In 2016

 

The percentage share in the exports of all denim apparels into USA from above mentioned different regions in 2017 shows that LATIN AMAERICA was the largest exporter of all denim apparels with 57% of the total exports followed by ASEAN where the exports was 24% , further AGOA, CAFTA, EU27 contributes somewhere between 9% and 10% respectively.

The percentage share in exports of all denim apparels into USA from the above mentioned  different region in 2016 shows that LATIN AMERICA was the largest exporter with 60% of the exports, followed by ASEAN with 21% of the exports further AGOA and CAFTA shared 10% and 9% of the exports respectively.

2. Men’s Jeans

a.In 2017

The exports of men’s jeans into USA from different regions shows that LATIN AMERICA was the largest exporter of men’s jeans and with about  117 million pcs and an average price of usd 7.92 per pc in 2016 which saw an fall of 10% to about  106 million pcs with an average price of usd 8.08 per pc in 2017, followed by AGOA(Second largest) where the exports was little more than 15 million pcs with an average price of usd 7.64 per pc in 2016 which saw an increase of 7 % to about little more than 16 million pcs with an average price of usd 7.26 per pc in 2017 .Further ASEAN contributes little more than  14 million pcs  and CAFTA contributes close to 15 million pcs in 2016 and saw an fall of about 4% and 9% it went down to 14 million pcs and 13 million pcs respectively in 2017. On the whole, there is a fall of about 12 million men jeans in 2017 when we compare with figures for 2016 . All the regions have reduced their exports and only AGOA and EU 27 seems to have increased exports of men’s jeans a little.

EXPORTING REGION	YEAR OF IMPORT	MEN’S/BOYS JEANS (MILLION PCS)	TOTAL VALUE (MILLION USD)	AVERAGE PRICE (USD/PC)
LATIN AMERICA	2017	105.52	852.47	8.08
AGOA	2017	16.15	117.19	7.26
ASEAN	2017	13.69	114.74	8.38
CAFTA	2017	13.36	96.4	7.22
EU27	2017	0.92	20.29	21.96
TOTAL	2017	149.64	1201.09	8.03

b. In 2016

EXPORTING REGION	YEAR OF IMPORT	MEN’S/BOYS JEANS (MILLION PCS)	TOTAL VALUE (MILLION USD)	AVERAGE PRICE (USD/PC)
LATIN AMERICA	2016	116.53	922.88	7.92
AGOA	2016	15.14	115.70	7.64
CAFTA	2016	14.58	109.44	7.51
ASEAN	2016	14.27	123.66	8.67
EU27	2016	0.63	17.89	28.63
TOTAL	2016	161.15	1289.57	8.00

 

The percentage share in exports of men’s jeans into USA from different regions in 2017 shows that, LATIN AMERICA contributes is the largest exporter of men’s jeans with 70% of the total exports, AGOA was the second largest exporter with 11 % in exports, CAFTA and ASEAN contributes 9 % in exports whereas EU 27 contributes 1% in exports in 2017.

The percentage share in exports of men’s jeans into USA for different regions in 2016 shows that Latin America contributes almost two – third in exports of men’s jeans with 72% of the exports, further AGOA, CAFTA, ASEAN contributes between 10% and 9% respectively.

3. Women’s Jeans

a. In 2017

The exports of women’s jeans into USA from different regions shows that ASEAN was the largest exporter of women’s jeans with about close to 32 million pcs and an  average price of usd 8.10 per pc in 2016, which saw an increase of 13% to about little more than 36 million pcs with an average price of usd 8.09 per pc in the year 2017. LATIN AMERICA was the second largest exporter with 14 million pcs and an average price of usd 10.80 per pc in 2016 which saw an fall of 8% to about close to 13 million pcs and an average price of usd 11.50 per pc in 2017 . CAFTA and AGOA had almost the same exports in the year 2016 and also in the year 2017 . Pricing wise, LATIN AMERICA seems expensive compared to CAFTA and ASEAN. EU is expectedly most expensive exporter because of their high fashion local made products which are expensive. ASEAN countries seem best placed to supply the high fashion women jeans – something which Latin American companies are not able to do and have high costs.

b. In 2016

EXPORTING REGION	YEAR OF IMPORT	WOMEN’S/GIRLS JEANS (MILLION PCS)	TOTAL VALUE (MILLION USD)	AVERAGE PRICE (USD/PC)
ASEAN	2016	31.91	258.55	8.10
LATIN AMERICA	2016	14.02	151.35	10.80
AGOA	2016	6.36	42.67	6.71
CAFTA	2016	5.21	35.19	6.76
EU27	2016	0.26	6.83	25.87
TOTAL	2016	57.76	494.59	8.56

 

The percentage share in exports of women’s jeans into USA from different regions in 2017 shows that ASEAN was the largest exporter and contributes more than 60% (against 55% in 2016) of the total exports followed by LATIN AMERICA which contributes about 22% further AGOA and CAFTA contributes about 9% and 7% of the total exports in the year 2017.

The percentage share in exports of women’s jeans into USA from different regions in 2016 shows that ASEAN shares the largest and contributes  55% of the total exports followed by LATIN AMERICA with 24% in the total exports . AGOA, CAFTA, and EU 27 contributes 11% , 9% , and 1% respectively.

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