Bangladesh, according to the BGMEA, is gradually replacing China as the world’s biggest denim exporter country with the increase of denim export. On an average Bangladesh exports 180 million pieces of denim jeans to different world markets annually, which is half of the Chinese annual denim export. But during the last seven months of 2016, Bangladesh denim export shot at 200 million pairs of denim jeans in men’s and boys category. It is expected at the end of 2016 denim export might shot at around 300 million pieces, which would be nearer to Chinese annual denim export. “Diversion of orders from Bangladesh’s rivals has opened up new opportunity for local denim goods producers, potentially helping the country to replace China as the world’s no. 1 denim industry”, the BGMEA insider said. To cope up with the increasing demand, the country’s denim industry is poised to go for expansion and upgradation, they said. Bangladesh, the second largest producer of denim products after China, has more than 5000 factories concentrated around Dhaka and the port city of Chittagong. “Though other segment of garment is facing dearth of orders, denim manufacturers are enjoying good export orders due to an increase in denim consumption across the globe, “Managing Director of Argon Denims Anwar-ul-Alam Chowdhury Parvez said. He said, good price range and quality-the two factors, helping Bangladesh to fast replace China as the world’s biggest denim exporter. Pervez said Bangladesh has become one of the most important centers for denim apparel production and export across the world. In fact, it has come up as the second important exporter of denim apparel to the world market, experts said. He said demand for denim goods has been increasing. However, the Europe Union (EU), the US and Russia top the list in denim importing nations. The industrial circle said, not only China, but also some other rival countries including India, Pakistan, Vietnam and Indonesia are also losing their market share to Bangladesh for denim goods in the US and EU markets.
