Statistics from the U.S. Department of Commerce’s Office of Textile Products (OTEXA) show that U.S. jeans imports totaled US$308 million in January 2011, an increase of 11.5% over the same period last year. A new report from the Irish Market Research Institute predicts that the global jeans market will grow to US$76.1 billion in 2026 from US$57.3 billion in 2020.
In January 2011, exports to the United States from the top five suppliers of jeans to the United States (each accounting for more than 10% of the U.S. jeans import market) showed growth. Bangladesh is the largest source of jeans imports to the United States. In January 2011, the United States imported jeans from Bangladesh to US$62.03 million, an increase of 9.99% over the same period last year; Mexico ranked second, an increase of 28.68%, reaching US$53.89 million; imports from Vietnam increased Imports from Pakistan increased by 49.19%, reaching US$37.25 million; imports from Pakistan increased by 32.76%, reaching US$34.52 million; imports from China increased by 17.13%, reaching US$33.31 million.
In addition, imports from Egypt increased by 78.17%, reaching US$15.71 million; imports from Turkey increased by 80.74%, reaching US$7.95 million; imports from Cambodia increased by 8.54%, reaching US$1,588 million US dollars; imports from Sri Lanka increased by 10.77%, reaching 4.26 million US dollars.
In countries in the Western Hemisphere, imports from Nicaragua increased by 20.15%, reaching US$4.26 million; imports from Colombia more than doubled, reaching US$2.48 million; imports from Guatemala increased by 32.44% %, amounting to US$1.66 million. </p
