Composite Fabric,bonded fabric,Lamination Fabric Lamination Fabric News Vietnam’s textile exports show a growing trend, with the United States leading the way

Vietnam’s textile exports show a growing trend, with the United States leading the way



According to a report on the Vietnamese government website (Chinhphu.vn) on the 2nd, it is forecast that Vietnam’s textile exports to the United States will increase by 13% in 2015 compared with 2014, reaching …

According to a report on the Vietnamese government website (Chinhphu.vn) on the 2nd, it is forecast that Vietnam’s textile exports to the United States will increase by 13% in 2015 compared with 2014, reaching more than 11 billion US dollars (approximately 69 billion yuan) .
According to the Industry and Trade Information Center of the Ministry of Industry and Commerce of Vietnam, Vietnam’s textile exports reached more than 1.9 billion US dollars (approximately 11.9 billion yuan) at the beginning of 2015, an increase of 0.7% compared with 2014.
As of the first quarter of 2015, many textile companies have received production orders. Some large companies even received orders for the second quarter of 2015. In the first few months of this year, the export value of the three export markets of the United States, Japan and South Korea reached more than 100 million US dollars.
Among them, the United States ranks first, reaching approximately 927 million US dollars (approximately 5.8 billion yuan), accounting for 48.31% of Vietnam’s total textile exports. It is estimated that Vietnam’s textile exports to the United States will increase by 13% in 2015 compared with 2014, reaching more than 11 billion US dollars.
Ranking second is Japan, with an export value of approximately US$242 million (approximately 1.5 billion yuan), an increase of 5.96%, accounting for 12.62% of the total value. In 2015, it is estimated that Vietnam’s total export value of Japanese textiles may reach US$2.9 billion, an increase of 9% compared with 2014.
Ranking third is South Korea. In January 2015, Vietnam’s textile exports to South Korea reached US$174 million (approximately 1.1 billion yuan), accounting for 9.08%, an increase of 5.16% compared with the same period last year. South Korea’s demand for textile imports has been soaring since the end of 2014.
The Industrial and Trade Information Center of the Ministry of Industry and Commerce of Vietnam predicts that in 2015, Vietnam’s textile exports to the EU will show a growing trend, reaching more than 4 billion US dollars (approximately 25 billion yuan).

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