Why should Bangladesh's trouser exporters prefer Germany instead of no.1 USA? Blog-16
'The best way to predict the future is to create it.'
By Dr. Lade Vedkumar.
We are introducing an innovative apparel export generation concept for the first time. It is a product specific marketing in emerging, rather growing markets. Is it possible to predict exact product wise future export figures of Bangladesh garment export products? Can we predict the size of the growing/bearish garments market? Is it helpful for you, if you know your competitor countries future export size? Yes, we are mastered in these super speciality segments…
Many garments products have great growth potential in developed, developing or undeveloped countries. Time has come to redefine our marketing strategy. It should be product specific aggressive marketing in a fast growing market. In a neutral market simple marketing will work.
Workshop content:
Why should Bangladesh's trouser exporters prefer Germany instead of no.1 USA?
Why should Bangladesh T-shirt exporters prefer no.8 USA instead of no.1 Germany?
Why should Bangladesh shirt exporters prefer no.2 Germany instead of no.1 USA?
Why should Bangladesh women trousers exporters prefer no.3 Germany instead of no.1 USA?
Why should Bangladesh jersey exporters prefer no.2 USA instead of no.1 Germany?
Why should Bangladesh babies' garments exporters prefer no.2 US instead of no.1 Germany?
Why should Bangladesh men's wind-jackets exporters favour no.13 Italy instead of no.1 USA?
(more workshop details mentioned after this insight)
Global exports of Apparel will increase from $437.4 billion to $588.3 billion by 2021 to 2025.
Bangladesh exports of Apparel will increase from $37.7 billion to $63.7 billion by 2021 to 2025.
Insight number one:
Why should Bangladesh's trouser exporters prefer Germany instead of no.1 USA?
Bangladesh trouser exports represent 21.7% of world exports for this product, its ranking in world exports is number one.
Bangladesh men's trousers export market will increase from $5.7 billion to $9.4 billion by 2021 to 2025.
World's men's trousers export market will increase by $25.1 billion to $33.4 billion by 2021-25.
HS code 620342 Men's trousers.
These are Bangladesh trousers average export values of 2021's export and prospects by 2025 in Germany.
Germany :
2021: $871.7 million dollars,
2025: $1.5 billion dollars.
Important note:
Best results can be found in countries having larger absolute difference between 2021's exports and prospects by 2025. It will create the space to earn additional export.
According to the above note, Bangladesh will create additional export generation of +$628 million in Germany.
For Bangladesh trousers exporters, Germany will be at 1st place by 2021-25. Bangladesh should conquer the space by efficient marketing.
Why will Germany be at the top of the table in Bangladesh men's trousers export market by 2021-25?
Is it important to understand the wisdom of the above question?
Yes of course, you must always have an eagle's eye on your competitor country's market share in your target destination. Here the destination is Germany's trousers market.
Bangladesh's competitors in Germany's trousers market will be China, Turkey and Spain, considering the criteria of larger difference between 2021's export and prospects by 2025.
China will increase its market share in Germany by $202.0 mn to $519.5 mn by 2021-25
Turkey will gain from $250.6 mn to $386.0 mn.
Spain will rise five times from $19.9 mn to $101.7 mn.
Poland will lose from $198.5 mn to $55.3 mn. The Netherlands will lose from $177.3 mn to $51.7 mn. Switzerland will lose from $93.3 mn to 6.4 mn.
Below are the Bangladesh trousers average export values of 2021's export and prospects by 2025 in the USA.
2) United States of America:
2021: $1.4 billion dollars,
2025: $ 1.4 billion dollars.
As per above note, Bangladesh will not create any additional export in the USA. It will be an neutral growth by 2021-25.
Bangladesh competitors in the USA trousers export market will be China, Germany and Italy by 2021-25.
China will gain 2.5 time's share in the USA market from $871.7 mn to $2.2 bn.
Germany will rise 38 times from $6.8 mn to $256.7 mn.
Italy will increase five times from $34.6 mn to $196.9 mn.
Mexico will lose the US market from $1.0 bn to $514.7 mn by 2021-25.
Even though the USA will be a $1.4 bn market by 2021-25, it's not a growing market, rather it's a saturated market.
Interesting Comparison:
Comparison of countries having value wise larger difference between 2021's export and prospects by 2025 Vs countries with lesser value wise export difference between 2021-25.
Germany + $628 mn Vs USA neutral.
"Now consider the scenario where you don't know the above insight. Even though you are efficiently marketing in the USA and simply marketing in Germany. You will not grow in both scenarios. If you will know the complete insight. You can generate additional export revenue at a great pace." That's the 'Power of Knowledge'
Bangladesh Trousers Top Export Sub-Regions, By 2021-25?
EU & West Europe:
2021: $3.1 bn,
2025: $5.8 bn.
Exclusive conclusion: Bangladesh men's trousers export market needs aggressive marketing in Germany and other fast growing markets. In neutral markets simple marketing will work.
We have elaborated two countries in the above valuable content.
We can present an exclusive workshop preferably to the apparel/Garments association or Chamber of commerce or companies.
What's in it for me in the workshop?
Who will be the top importers of Bangladesh, contributing to the big $9.4 billion trouser import demand?
Who will offer higher value/unit for the Bangladesh trousers? Germany/USA/Switzerland?
Why will Bangladesh's largest trouser importer market increase from $871.7 mn to $1.5 bn by 2021-25?
Why should Bangladesh trouser exporters favour no.5 Spain over no.3 France?
Which will be the world's top trousers exporting countries by 2021 to 2025?
Why should Bangladesh trouser exporters prefer no.8 Netherlands instead of no.4 UK?
We are capable of demonstrating below apparel product insights.
First six digits indicate HS code.
1) HS code 610910 T-shirts.
Why should Bangladesh T-shirt exporters prefer no.8 USA instead of no.1 Germany?
Why will Bangladesh's biggest T-shirt importer market increase from $1.1 bn to $1.4 bn?
Why should Bangladesh T-shirt exporters prefer no.17 China over no.2 Spain?
Who will be Bangladesh's top importers contributing $9.5 billion of huge T-shirt import demand by 2021-25?
Why should Bangladesh T-shirt exporters prefer no.14 Japan over no.5 Poland?
Which will be the world's top T-Shirt exporting countries by 2021 to 2025?
Why should Bangladesh T-shirts exporters favour no.20 Hong Kong instead of no.10 Australia?
2) 620462 Women's trousers(W. trousers) & shorts of cotton.
Why should Bangladesh W. trousers exporters prefer no.3 Germany instead of no.1 USA?
Why will the biggest W. trousers importer market increase from $731.3 mn to $924.7 mn?
Who will be Bangladesh's top importers contributing $5.5 billion of W. trousers import demand by 2021-25?
Which will be the world's top W. trousers exporting countries by 2021 to 2025?
3) 611020 Jerseys & similar cotton, knit/crochet.
Why should Bangladesh jersey exporters prefer no.2 USA instead of no.1 Germany?
Why will Bangladesh's biggest jersey importer market increase from $324.4 mn to $755.2 mn?
Who will be Bangladesh's top importers contributing $4.5 billion of jersey import demand by 2021-25?
Which will be the top jersey exporting countries by 2021 to 2025?
Why should Bangladesh jersey exporters prefer no.11 Netherlands instead of no.3 France?
Why should Bangladesh jersey exporters prefer no.18 China instead of no.7 Denmark?
4) 611030 Jerseys & similar man-made fibres, knit/crochet.
Why should Bangladesh jersey exporters prefer no.7 USA instead of no.1 Germany?
Why will the Bangladesh biggest jersey importer market increase from $414.8 mn to $634.2 bn?
Who will be Bangladesh's top countries contributing $4.0 billion of jersey import demand by 2021-25?
Which will be the top jersey exporting countries by 2021 to 2025?
Why should Bangladesh jersey exporters prefer France instead of Japan?
5) 620520 Men's shirts of cotton.
Why should Bangladesh shirt exporters prefer no.2 Germany instead of no.1 USA?
Why will the US drag down from no.1 to no.39 for Bangladesh shirt export by 2021-25?
Why should Bangladesh shirt exporters prefer no.16 China instead of no.12 Turkey?
Why will the biggest Bangladesh shirt's importer market decrease from $601.5 mn to $551.5 mn?
Who will be Bangladesh shirt's top importers contributing $3.4 billion of huge import demand by 2021-25?
Which will be the top shirt's exporting countries by 2021 to 2025?
6) 610462 Women's trousers & shorts of cotton, knit/crochet.
Why should Bangladesh women's trousers exporters prefer no.5 US instead of no.1 Germany?
Why will the biggest Bangladesh women's trousers importer market increase from $232.2 mn to $313.0 mn?
Who will be Bangladesh women's trousers top importers contributing $1.9 billion of huge import demand by 2021-25?
Which will be the top women's trousers exporting countries by 2021 to 2025?
7) 610510 Men's shirts of cotton, knit/crochet.
Why should Bangladesh men's shirt exporters prefer no.6 US instead of no.1 Germany?
Why will the biggest Bangladesh men's shirts importer market increase from $177.6 mn to $251.8 mn?
Who will be Bangladesh men's shirts top importers contributing $1.7 billion of huge import demand by 2021-25?
Which will be the top men's shirts exporting countries by 2021 to 2025?
8) 611120 Babies' garments & accessories of cotton, knit/crochet.
Why should Bangladesh babies' garments exporters prefer no.2 US instead of no.1 Germany?
Why will the Bangladesh babies' garments biggest importer market increase from $81.6 mn to $208.1 mn?
Why should Bangladesh babies' garments exporters prefer no.17 China instead of no.6 Poland?
Who will be Bangladesh babies' garments top importers contributing $1.4 billion of huge import demand by 2021-25?
Which will be the top babies' garments exporting countries by 2021 to 2025?
9) 610990 T-shirts & vests, knit/crochet.
Why should Bangladesh T-shirt exporters prefer no.10 US instead of no.1 Germany?
Why will the Bangladesh T-shirts biggest importer market increase from $140.6 mn to $225.2 mn ?
Why should Bangladesh T-shirt exporters prefer no.19 China instead of no.3 Japan?
Who will be Bangladesh T-shirts top importers contributing $1.3 billion of import demand by 2021-25?
Which will be the top T-shirts exporting countries by 2021 to 2025?
10) 620343 Men's trousers & shorts of synthetic fibres.
Why should Bangladesh men's trousers exporters prefer no.2 Germany instead of no.1 USA?
Why will the US drag down from no.1 to no.40 for Bangladesh men's trousers export by 2021-25?
Why will the Bangladesh men's trousers biggest importer market increase from $102.9 mn to $170.7 mn?
Who will be Bangladesh men's trousers top importers contributing $1.1 billion of import demand by 2021-25?
Which will be the top men's trousers exporting countries by 2021 to 2025?
11) 620193 Men's wind-jackets & similar man-made fibres.
Why should Bangladesh men's wind-jackets exporters favour no.13 Italy instead of no.1 USA?
Why will Italy rise from no.13 to no.1 for Bangladesh men's wind-jackets exporters?
Why should Bangladesh men's wind-jackets exporters favour no.10 China instead of no.3 Spain?
Why will the Bangladesh men's wind-jackets biggest importer market increase from $67.2 to $129.1?
Who will be Bangladesh men's wind-jackets top importers contributing $928.0 mn of import demand by 2021-25?
Which will be the world's top men's wind-jackets exporting countries by 2021 to 2025?
12) 620293 Women's wind-jackets & similar of man-made fibres.
Why should Bangladesh women's wind-jackets exporters prefer no.12 Italy instead of no.2 US?
Why will the biggest Bangladesh women's wind-jackets importer market increase from $63.9 mn to $132.1 mn ?
Why should Bangladesh women's wind-jackets exporters favour no.17 China over no.5 Canada?
Who will be Bangladesh women's wind-jackets top importers contributing $709.8 mn of import demand by 2021-25?
Which will be the world's world's top women's wind-jackets exporting countries by 2021 to 2025?
13) 610711 Men's underpants & briefs of cotton, knit/crochet.
Why should Bangladesh men's underpants exporters prefer no.3 Germany instead of no.1 UK?
Why will the biggest Bangladesh men's underpants importer market increase from $53.3 mn to $107.9 mn?
Why should Bangladesh men's underpants exporters prefer no.4 Netherlands instead of no.2 US?
Who will be Bangladesh men's underpants top importers contributing $798.1 mn of import demand by 2021-25?
Which will be the world's top men's underpants exporting countries by 2021 to 2025?
14) 621210 Brassieres.
Why should Bangladesh brassieres exporters prefer no.5 France instead of no.3 UK?
Why will the biggest Bangladesh brassieres importer market increase from $89.4 mn to $118.2 mn?
Why should Bangladesh brassieres exporters prefer no.39 China instead of no.4 Netherlands?
Who will be Bangladesh brassieres top importers contributing $847.6 mn of import demand by 2021-25?
Which will be the world's top brassieres exporting countries by 2021 to 2025?
15) 610821 Women's briefs & panties of cotton, knit/crochet.
Why should Bangladesh women's panties exporters prefer no.2 Germany instead of no.1 USA?
Why will the biggest Bangladesh women's panties importer market decrease from $129.2 mn to $100.8 mn?
Who will be Bangladesh women's panties top importers contributing $688.4 mn of import demand by 2021-
Which will be the world's top women's panties exporting countries by 2021 to 2025?
Why should Bangladesh women's panties exporters favour France over Canada?
16) 620640 Women's blouses & shirts of man-made fibres.
Why should Bangladesh women's blouses exporters prefer no.3 USA instead of no.1 Germany?
Why will the biggest Bangladesh women's blouses importer market increase from $91.7 mn to $121.2 mn?
Why should Bangladesh women's blouses exporters favour no.5 Spain over no.2 United Kingdom?
Who will be Bangladesh women's blouses top importers contributing $706.8 mn of import demand by 2021-25?
Which will be the world's top women's blouses exporting countries by 2021 to 2025?
We can predict below product insights by 2021 to 2025 through Bangladesh export perspective.
17) 620920 Babies' garments & accessories of cotton
18) 620630 Women's blouses & shirts of cotton
19) 650500 Hats & other headgear, knitted/crocheted etc.
20) 621040 Men's garments with plastics
21) 610442 Women's dresses of cotton, knit/crochet
22) 610711 Men's underpants & briefs of cotton, knit/crochet
23) 620469 Women's trousers & shorts
24) 620463 Women's trousers & shorts of synthetic fibres
25) 621050 Women's garments with plastics
26) 610831 Women's pyjamas of cotton, knit/crochet
27) 610610 Women's blouses & shirts of cotton, knit/crochet
28) 620530 Men's shirts of man-made fibres
29) 610463 Women's trousers & shorts of synthetic fibres, knit/crochet
30) 620292 Women's wind-jackets & similar of cotton
31) 620192 Men's wind-jackets & similar of cotton
32) 611420 Garments for professional, sporting, other purposes of cotton
33) 610822 Women's briefs & panties of man-made fibres, knit/crochet
34) 620452 Women's skirts of cotton
35) 610220 Women's overcoats, capes & similar of cotton, knit/crochet.
36) 610343 Men's trousers &
shorts of synthetic fibres, knit/crochet.
37) 610230 Women's overcoats, capes & similar of man-made fibres, knit/crocheted
38) 610721 Men's pyjamas of cotton, knit/crochet
39) 620442 Women's dresses of cotton
40) 620213 Women's overcoats, capes & similar man-made fibres.
We are capable of demonstrating more products as per your requirement.
We have chosen the above sequence, considering products having a larger value difference between 2021's export and prospects by 2025.
Note: All the values are in an USA dollar. Prices may vary as per the market demand and dollar value fluctuation. 2021's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years. Six digit HS code was used for the above insight as it is standard protocol HS code.
Email:
'Professionals work. Experts create results. Authorities predict the future. DECIDE which one you are going to follow'
Research source:
1. World Trade Organization, Trade forecast.
2. World Bank WITS.
3. International Trade Centre.
Research access duration:
1st edition December 2020.
2nd edition June 2021.
© 2021-25 Future Export Vision.
Other valuable links:
Amazon global selling guide:
https://sell.amazon.com/global-selling/guide
World's Top 10 Export Products, By 2021-25? Blog-1
https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-exports-by.html
World's Top 10 Exporting Countries?
https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-export.html
World's Top 10 Importing Countries?
https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-importing.html
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