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Vietnamese Cotton Yarn Will Occupy Half Of China's Imports.

2014/10/11 11:15:00 35

VietnamCotton YarnImport

Here world Clothing and shoes The Xiaobian of the network introduces Vietnamese cotton yarn or half of China's imports.

According to customs data, in August 2014, China imported 150 thousand and 200 tons of pure cotton yarn, down 26.1% compared to the same period last year, down 3.6%, including 40 thousand tons of imported cotton yarn, accounting for 26.63%, far exceeding India and Pakistan yarn (22%), and Vietnam continued to stabilize China's largest pure cotton yarn supplier status in a single month. Since March 2014, the amount of cotton yarn imported from Vietnam has been maintained at over 30 thousand tons. In July, the volume of imports exceeded India, reaching a historical peak of 34 thousand and 300 tons, accounting for 22% of the total imports of cotton yarn in that month.

Under the premise that China's imports of cotton yarn have slowed down and India, Vietnam, Indonesia, Thailand and Uzbekistan, Turkey, Mexico and non state cotton yarn export "princes struggle for hegemony", Vietnamese cotton yarns have been rapidly rising in China and defeated Pakistan and India in succession. What are the reasons for the two consecutive months' top ranking?

First, textile enterprises in China's Taiwan, Hongkong and coastal areas of China realize the "going global" strategy. Because Vietnam is on the border with China and is attractive to workers in terms of wages, production costs and tax incentives, about 30%-40% of the cotton yarn exported to Vietnam is exported from China's cotton mills in Vietnam.

Two, compared with the mainland, India, Pakistan and other traditions. Spin Great powers, Vietnam not only has a great advantage in price and price of raw materials such as cotton, but also because most of the cotton mills are newly built after 90 years, a large number of compact spinning, siro spinning, new technology and new equipment of Camo spinning have been put into use, and gradually adapt to cotton blending in the United States, West Africa cotton, India cotton and Central Asia cotton. The quality, stability and convenience of transportation, and the credibility of merchants are higher than those of India and Pakistan. Textile manufacturers and cotton yarn importers in Jiangsu, Zhejiang, Guangdong, Shandong and other places also reflect that Vietnam's cotton yarn has surpassed Pakistan, Thailand, Indonesia and other manufacturers in terms of strength, CV value and product stability. It has no disadvantage in the competition between India and large and medium size mills in the field of high count yarn, and Vietnam has the advantages of short distance, low freight and convenient settlement. In addition, Vietnam's cotton yarn is not strong because of its brand effect. The quoted price is generally slightly lower than the India brand yarn 0.02-0.05 USD / kg with the same number.

Three, Vietnam is trying to join the trans Pacific Strategic Economic Partnership Agreement (TPP). If it is signed, Vietnam's exports to the United States will be zero tariff, so attracting more and more Chinese textile enterprises to invest and build factories in Vietnam, and a large number of Chinese enterprises' "Vietnamese yarn" will be exported to China. Some agencies analyzed that the United States imposed 23% tariffs on China's chemical fiber products and 16%-17% tariffs on clothing. Once Vietnam joined the TPP, China's textile and garment enterprises were basically in the "naked Tour" state. According to Vietnam Textile Association data, Vietnam's textile exports to the United States and Japan will continue to increase. In the coming period, Vietnam's textile exports will account for 50% of Southeast Asia's exports. It is estimated that Vietnam's textile exports will reach US $50 billion by 2025.

Some of the mainland enterprises that plan to invest in textile enterprises in Vietnam think Vietnam. clothing The industry started earlier than other Southeast Asian countries such as Kampuchea, with larger scale, better industrial foundation and stronger momentum of development. Therefore, it is foreseeable that in the case of low cost of raw materials such as cotton and labor costs, only China 1/4-1/3, and product quality and supply capacity have been greatly improved, if Vietnam's territorial disputes are no longer intensified, Vietnam's cotton yarn will occupy China's 40%-50% market share.

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