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Vietnam'S Footwear Exports In 2016 Amounted To US $17 Billion.

2016/3/9 13:05:00 52

VietnamFootwearExport Volume

According to Ruan Deshun, President of Vietnam leather, footwear and luggage Association, exports of Vietnamese footwear, bags and umbrellas in 2015 were nearly 15 billion dollars, up 16% over the same period last year, of which exports to the Chinese market increased by nearly 50%.

According to Ruan Deshun, Vietnam's exports to traditional markets increased in 2015, except for China, its exports to the United States increased by over 25% and the EU growth exceeded 10%.

Previously, the EU was the largest consumer area of Vietnamese footwear, but in 2015,

U.S.A

For the first time, it was the largest importing area with an import volume of nearly US $5 billion.

According to introduction,

Vietnam?

It ranks fourth in the world in terms of export volume of footwear products, ranking behind China, India and Brazil, but only after China and Italy in terms of export volume.

Ruan de Shun said Vietnam in 2016.

footwear

The export target was US $17 billion, an increase of 16-20% over the same period last year, because Vietnam signed a free trade agreement with the EU and South Korea.

In the first two months of 2016, the EU Court announced that the anti-dumping provisions against certain leather footwear imports in Vietnam were partially invalid, which reduced the resistance of Vietnam's footwear exports to the European Union.

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Data from the General Administration of Customs show that in the first 2 months of 2016, the total value of China's imports and exports was 3 trillion and 310 billion yuan, down 12.6% from the same period last year (the same below).

Among them, exports were 1 trillion and 960 billion yuan, down 13.1%; imports 1 trillion and 350 billion yuan, down 11.8%; trade surplus 615 billion 900 million yuan, narrowed 15.9%.

In February, China's import and export value was 1 trillion and 430 billion yuan, down 15.7%.

Among them, exports were 821 billion 800 million yuan, down 20.6%; imports 612 billion 300 million yuan, down 8%; trade surplus 209 billion 500 million yuan, narrowed 43.3%.

Although exports have not yet recovered, the result of a common industry judgment is that foreign trade will continue to go through a period of cold winter, and enterprises seem to have gradually adapted to it.

"The export is bad. Yes, it is very conservative now that customers are placing orders overseas. Because the economic situation is not good, it needs to spend the winter," said a sales person in charge of a well-known household appliance company in Shunde, Guangdong, who did not want to be named.

He told reporters that the situation of business failures in Shunde has been different from the past one year, and there seems to be a slight improvement in recent business failures.

The callback of the RMB exchange rate gave them a sigh of relief.

It is worth noting that over the past few years, textile and other labor-intensive enterprises have been considering labor costs and gradually moving to Burma, Vietnam and other places around China.

However, as the main supply base of the world's household appliances, China's manufacturing capacity in other areas has not yet threatened China.

The foregoing Shunde foreign trade personage discovered that because of the labor cost consideration, there are also Mexico, Eastern Europe and other places of household electrical appliance production capacity, and is still moving to China.

"The estimate of the collapse is almost the same, and it should not be worse now," the source said.

For foreign trade enterprises, the core policy is exchange rate and export tax rebate.

The former affects export competitiveness and profit, while the latter affects cash flow.

Now it seems that these policies are gradually tilting towards exports and are expected to play a role gradually.


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