Friday, September 20,2019 - 9:18 GMT+7  Việt Nam EngLish 

Exports of fibers reached nearly 2.4 billion USD 

 Tuesday, August 20,2019

AsemconnectVietnam - According to the statistics figures from the General Department of Customs, in the first 7 months of 2019, Vietnam exported 947,714 tons fibers of all kinds worth of nearly 2.4 billion USD, with the average price of 2,531 USD per ton (increased by 11.1 per cent in volume, and 2.6 per cent in turnover but down by 7.7 per cent in price over the same period of 2018).

China was the leading export market of fibers of all kinds, accounting for 56 per cent of the total volume and for 57.2 per cent of the total export turnover of this group of the whole country, with 531,230 tons, and the turnover of over 1.37 billion USD, with the price of 2,584 USD per ton (up by 19 per cent in volume, 8.1 per cent in turnover but down by 9.2 per cent in price over the same period last year).

The following were several markets such as South Korea - 81,744 tons, equivalent to 198.12 million USD, down by 15.3 per cent in volume and 17.8 per cent in turnover; Southeast Asia - 62,170 tons, equivalent to 171.81 million USD, up by 3.7 per cent in volume and 2.7 per cent in turnover; Turkey - 39,700 tons, equivalent to 86.17 million USD, down by 7 per cent in volume and 15.7% in turnover; India 23,435 tons, equivalent to 78.77 million USD, up 12.9% in volume but down 1.2% in turnover.

In the first 7 months of this year, exporting this group to the majority of markets increased turnover compared to the same period last year. The exports to EU market increased by 87.3 per cent in volume and 120.6 per cent in turnover to 15,534 tons, equivalent to 32.66 million USD; the exports to the UK market also increased relatively well by 49.9 per cent in volume and by 40.9 per cent in turnover, reaching 9,915 tons, equivalent to 10.42 million USD.
In contrast, the exports to Taiwan fell by 30 per cent, both in volume and turnover, to 10,614 tons, equivalent to 32.37 million USD.

Vietnam’s exports of fibers of all kinds in the first 7 months of 2019 - Unit: USD – source: the General Department of Customs
Market
First 7 months of 2019
 +/- First 7 months of 2019 vs. same period of 2018 (%)
Volume (ton)
Value (USD)
Volume
Value
Total
947,714
2,398,733,801
11.14
2.63
China
531,230
1,372,729,619
18.94
8.05
South Korea
81,744
198,120,549
-15.29
-17.8
Turkey
39,700
86,168,232
-7.01
-15.73
India
23,435
78,766,732
12.91
-1.17
Thailand
26,230
69,834,604
6.15
9.61
Brazil
29,610
62,490,757
33.83
19.28
Japan
16,220
47,871,024
30.18
6
Bangladesh
11,626
47,281,533
-12.8
-10.1
Hong Kong (CN)
12,869
42,330,535
-3.95
-14.33
Indonesia
11,912
38,512,787
5.59
2.83
The U.S
25,992
34,513,900
24.75
33.76
Malaysia
12,301
32,597,015
1.51
-6.26
Taiwan (CN)
10,614
32,370,818
-29.99
-30.89
Egypt
13,923
31,143,409
-18.09
-13.76
Colombia
10,215
25,377,029
2.01
-9.29
Pakistan
7,510
19,149,451
-26.27
-25.11
Cambodia
5,832
17,691,194
-11.27
-4.85
Romania
4,002
15,196,233
 
 
Sri Lanka
3,619
14,702,383
 
 
The Philippines
5,895
13,176,170
11.63
3.29
Britain
9,915
10,415,138
49.93
40.94
Italy
1,617
7,045,073
-3.81
-4.95
Chile
2,395
5,864,509
 
 
Peru
1,140
3,060,016
 
 
CK
Source: VITIC

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