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Textile and apparel industry of " purpose " soon ?
Textile and apparel industry of " purpose " soon ?
( 24 ) - In the first 6 months of 2010, the textile industry has reached more than $ 4.8 billion in exports . Does textile sector has hit $ 10.5 billion target this year ?
Major export markets of the textile industry in the U.S. and Japan remain . In the first 6 months of 2010, exports of textiles to the U.S. market reached 2.217 billion U.S. dollars , up 23.8 % , to Japan also increased 12 % compared to the same period in 2009 . New markets such as Taiwan , South Korea , ASEAN also increase significantly .

The textile industry is expected to end with $ 10.5 billion in exports this year ( Artwork) .

Total exports during the first 6 months of the textiles in 2010 was 4.85 billion, up 17.2 % compared to the same period last year , led by growth in turnover in the export sector .

According to the Ministry of Industry and Trade , exports of textile and garment industry are quite strong growth in most traditional markets , which led the U.S. market with the export turnover reached 475.6 million USD.

Behind America 's 10 market market turnover in the textile exports of $ 10 million , which topped Japan with 80 million, Germany 31.4 million, Spain 26.8 million, UK 25.4 million, Canada 19 million, South Korea $ 17 million remaining , Taiwan , Belgium , France , the Netherlands are more than 13 million.

In recent years , America has always led the market for apparel imports from Vietnam. Exports of this commodity group in the United States are more than 50 % of the total exports of the country Textile and about 40 % of the total turnover of the country's exports to this market . Currently the U.S. market is also expected to have a decisive role in the target goal of 10.5 billion dollars of our country's textile exports in 2010 .

The EU and Japan are the two largest import market of Vietnam textiles proportion respectively 18 % and 11 % of total exports of this group in the country in 2009 .

In the first 6 months of this year , the growth rate of exports of textile industry in the Japanese market remained fairly good with 12 %, particularly in the EU , but have slower growth rates but the comments experts , Vietnam 's garment is a good opportunity to boost exports to this market . Besides , the renminbi ( RMB ) appreciation in the international market and rising against the euro since early this year , will reduce China's exports to the EU . These are good opportunities for other suppliers , including Vietnam .

Information from the Vietnam Textile and Apparel Association , at this time , orders of the Indian garment companies is rising . Along with trade exchange event between textile producers Vietnam and India, which took place recently in both Hanoi and HCMC. Ho Chi Minh City is also opening up opportunities for Vietnam textile and garment enterprises in the broad market and this potential .

With positive results and export the good signals from the market , textile exports are expected to destination on time with a turnover of $ 10.5 billion in exports this year .