China Imports 80% Of Its Textile And Leather Raw Materials In Vietnam.

< p > it is understood that Vietnam formally became a member of the World Trade Organization WTO in January 1, 2007. Vietnam's target will become the world's top 10 largest exporter of garments in the future. The government will continue to vigorously develop a href= "//www.sjfzxm.com/" target= "_blank" > strong > textile > /strong > /a > a a "" "" "" "" > "> clothing > < < > >" and "related industries.

In Vietnam, as foreign or wholly owned garment enterprises can only temporarily supply the demand of high-grade cotton in China, < a href= "//www.sjfzxm.com/" target= "_blank" > strong > cloth > /strong > /a > 20-30%, Vietnam garment industry is committed to increasing exports to the United States, Europe, Japan and other places, and the local demand for cloth quality is high. Therefore, domestic garment manufacturers are eager to explore and develop a large number of imported cotton materials market.

Over the past year, Vietnam has maintained a favorable balance of trade relations with the rest of the world.

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P Vietnam Vietnam textile and Garment Association (VITAS) predicts that Vietnam's exports to the EU will reach $2 billion 380 million in 2013, up 2.89% over the same period last year.

However, Vietnam's domestic textile and clothing raw materials can only meet the production needs of 35-40%, auxiliary parts and auxiliary materials can only supply 5-10%, and the rest need to be imported.

In order to ensure the growth goals and sustainable development of Vietnam's textile and garment industry, a large textile and Garment Group in Vietnam is promoting the development and investment of cotton and ramie production bases, providing raw materials for the textile and garment industry.

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< p > China is the largest supplier of Vietnam. Now China imports large quantities of cloth products to Vietnam, and cloth has become the fourth Chinese export Vietnamese product.

The textile and garment industry in the lower reaches of Vietnam is very developed, and the amount of cloth imported from China is also high. Nylon and knitted fabrics are the most expensive parts. The former is mainly used for Vietnam's a href= "//www.sjfzxm.com/" target= "_blank" > strong > shoes < /strong > /a > category, raincoat and umbrella processing, while the latter is mostly the advanced cloth needed by local garment makers.

In terms of fiber (spinning) products, China also exports a lot to Vietnam, which is second only to cloth.

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In 2011, Vietnam's trade deficit with China was only 210 million US dollars, and it grew to 16 billion 300 million US dollars in 2012, and the amount of imports from China accounted for 25% of Vietnam's total imports in the first quarter of 2013. P

The deficit products imported from Vietnam are mainly raw materials and spare parts for processing export products.

According to Yu Zhang, deputy director of the Asia Pacific Division of the Ministry of Commerce and industry, the industry in Vietnam has not yet developed and has failed to meet the needs of domestic processing export industry.

90% raw and auxiliary materials must be imported from China, of which 80% are imported from China, namely, a href= "//www.sjfzxm.com/" target= "_blank" > strong > leather < /strong > /a > raw materials are processed in Vietnam and exported to the United States, European Union and Japan.

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