Analysis Of China's Export Data To Vietnam Textiles

In 2013, the number of Vietnamese population reached 90 million, and the proportion of the employed population was 60%. The supply of adequate labour shows Vietnam. Spin clothing Industry potential. Demographic dividend will support the development of textile and clothing as a labor-intensive industry. The textile and garment industry also contributed to Vietnam's development. Vietnam's textile and garment industry turnover reached 23 billion US dollars in 2013, accounting for 10% of Vietnam's GDP, with an export volume of US $19 billion 730 million, accounting for 15% of Vietnam's exports and 2 million 500 thousand people in the industry. Specifically, Vietnam is still dominated by garment manufacturing in Vietnam's textile and apparel business. In 2013, Vietnam exported 17 billion 640 million US dollars of clothing, far exceeding the export volume of textiles of US $2 billion 90 million. There are 4424 domestic garment factories in Vietnam, far more than 604 of fiber and fabric enterprises. Although the main consumer market economy is still recovering slowly, Vietnam has maintained its export growth. In 2013, Vietnam's textile and clothing exports to the United States increased by 14% over the same period last year, exports to the EU grew by 9% compared to the same period last year, exports to Japan increased by 20% over the same period last year, and exports to Korea increased by 43% over the same period last year. In January 2014, Vietnam exported $1 billion 904 million in fabrics and garments from the United States, Japan and South Korea, up 21.7% from a year earlier.

According to the Vietnam textile and Apparel Association's relevant planning, Vietnam's fabric output will increase by 8.5 times by 2025. In the 2025 plan, Vietnam's clothing exports will reach $35 billion in 2025, a 1 fold increase compared to the current US $17 billion 640 million. However, the output of upstream fabrics increased by 8.5 times to 11 billion 900 million meters, and the output of spindles reached 17 million 900 thousand spindles, which was 2.98 times higher than the current growth. The demand for raw materials reached 2 million 900 thousand tons, 3.5 times higher than the current growth rate. The textile and apparel industry reached 5 million people, 1 times more than the current growth rate.

1 exports of textile machinery increased by 92.4% over the same period last year.

Key data in 2013, China exported Vietnam textile machinery products to US $200 million, an increase of 92.4% over the same period last year. From the perspective of export enterprises, the export concentration of China's textile machinery products is relatively high, and the total export volume of the top 10 enterprises accounted for 24.9% of the total export volume of China's textile machinery products in the same period.

The reason is that 90% of Vietnam's machinery and equipment need to be imported from abroad. Vietnam? The tariff imposed on imported sewing equipment is lower than that in other Southeast Asian countries, so the potential of Vietnam sewing machine market is huge. For Vietnam, a major difficulty in importing textile machinery is the high price. A textile company's production line needs 200 thousand different machines, which cost about $200 million. The textile equipment from Germany, France and Japan has good quality, but their price is too expensive. Many Vietnamese companies have turned to Asian suppliers to purchase machinery. At present, China is the largest supplier of sewing machinery in Vietnam. China's various industrial products are better suited to Vietnam's market demand than other countries in terms of price, quality, service and so on, and the average price is more acceptable to Vietnamese garment enterprises. The "made in China" brand is now widely accepted by the Vietnamese market and enjoys high popularity in the local related industries. China's sewing machine enterprises should seize this opportunity to expand export to Vietnam market. At present, Vietnam's sewing machinery market is far from saturated, and China's brand products have a high market share in Vietnam. In recent years, China's export of Vietnam's sewing equipment has increased rapidly, and China's sewing machinery manufacturers, especially large and medium-sized sewing equipment manufacturers are also generally optimistic about the Vietnamese market.

　 2 natural fiber exports grew by 63.6% over the same period last year.

Key data in 2013, Vietnam Exit Natural fiber products amounted to US $2 billion 730 million, an increase of 63.6% over the same period last year. Judging from the main exports of natural fiber products, the export volume of all types of cotton fabrics ranks the top. The top ranked export natural fibers are: cotton more than 85% unbleached plain cloth, square meter weight less than 100g; cotton more than 85% printed plain cloth, 100g< square meter weight less than 200g; cotton more than 85% dyed weave plain cloth, 100g< square meter weight less than 200g; other cotton dyeing fabric 85% or more, square meter weight >200g; cotton <85% and chemical fiber imitation dyed woven cloth, square meter heavy >200g; other cotton 85% or more dyed fabric, square meter weight equal to 200g; cotton 85% or more 85% unbleached plain cloth, 100g< square meter weight less than 200g; cotton > 85% yarn dyed coarse denim (labor cloth), square meter heavy weight, etc.