Plastic exports up 31% in H1, above 70% growth in shipments to China, Vietnam
Tuesday, November 6,2018
AsemconnectVietnam - India's plastics exports grew 31.6% on year at $4.59 billion in the first half of the fiscal compared with $3.48 billion a year ago.
The growth in India's plastics export has been primarily boosted by higher shipment of plastic raw materials, plastic sheet, film, plates, and packaging materials, according to Plastics Export Promotion Council.
Further, exports to China, Vietnam and Mexico witnessed high growth rates ranging between 70-140% in the April-September period.
"China, United States and United Arab Emirates continue to be top-3 destinations for India's plastics products. These three countries accounted for 27.5% of India's plastics product exports, by value in the first half, " said Ravish B Kamath, chairman, Plastics Export Promotion Council.
India exported plastics to 205 countries in the period with French Guiana, Guam, Kiribati Republic, Lesotho, Marshall Island, Mayotte, Monaco, Nauru Republic and United States Virgin Islands being the latest destinations.
India is currently ranked among the top five consumers of polymers in the world and has 30, 000 plus plastic processing units employing over four million people across the country.
Source: Reuters.com
HCM City sees over 22% rise in FDI inflows in Q1
Seafood market Update: The Seafood Expo North America
DAILY: Vietnamese coffee prices increased by 1000 VND on March 31
DAILY: Vietnamese pepper prices remained unchanged on March 31
Q1 trade of agro-forestry-fisheries products exceeds 20 billion USD
Reference exchange rate down 3 VND on March 31
Imports of materials for animal feed production in February and first two months
Vietnam expected to export 7 million tonnes of rice this year: Ministry
Goods retail sales, service revenue rise almost 14% in Q1
Vietnamese banks remain attractive to foreign investors
Rice market Update: 2023 set to be favourable for Vietnamese rice enterprises
DAILY: Vietnamese pepper prices fell by 500 VND on March 30
DAILY: Vietnamese coffee prices fell by 300 VND on March 30
Vietnam runs trade surplus of 4.07 bln USD in Q1
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...
