Vietnam’s textile fibers and yarns have been exported to 17 countries and territories, of which China is the main market because of their favorable geographic position in trade in goods, accounting for 54 , 7% in volume, reaching 281.2 thousand tons, worth $ 766.6 million, up 20.89% in volume and up 31.82% in value. Second place was the South Korean market with a growth rate of both volume and value, up 44.82% and 44.02%, respectively, reaching 57.1 thousand tons, worth USD 137.3 million, Next is the Turkish market, but the export of this product to Turkey declined in both volume and value, equivalent to 21.4 thousand tons, worth $ 49.6 million, down 44 , 72% in volume and 33.65% in value over the same period last year.
In general, in 5 months 2017, the export of fiber and yarn to the markets have a positive growth rate (76.4%), in which exports to Taiwan (China) increased sharply, Increased 85.67% in volume and 62.98% in value, although only exported 11.2 thousand tons, turnover 31.5 million USD. In addition, the export to Hong Kong (China) and Pakistan have a relatively high growth rate, up 74.54% and 67.77% respectively in value; Increased by 64.49% and 6.6% respectively. Conversely, the market with negative growth rate only accounted for 23.5% and exports to Turkey fell sharply.
(According to Vinanet)
