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ASEAN textile and clothing industry has more business opportunities

China ASEAN Business Council executive director Xu Ningning pointed out that in the days before, in the "The Belt and Road seize business opportunities, more and more enterprises into the China textile ASEAN and related industries, because:

First, the textile and clothing industry is one of the important manufacturing industries in ASEAN countries such as Vietnam, Indonesia, Kampuchea, Burma, Thailand and other ASEAN countries, and has a strong comparability with the Chinese industry.

Two is a large number of labor resources, with a cost advantage, preferential tariff and cotton price advantages, and have a preferential policy to attract foreign investment.

The three is to develop the European and American markets with the aid of the trade policies of the ASEAN countries and the European and American countries.

The four is that China and ASEAN are close neighbors, and the traffic is convenient.

Vietnam

According to Xu Ningning, the total export of textile and clothing in Vietnam in 2017 increased by 9.5%, compared with only 3.6% in 2016.

In 2017, Vietnam's clothing exports rebounded, and exports to the US slowed down due to the sharp rise of export unit price, and exports to the EU increased significantly. With the implementation of the preferential tariff policy for EU clothing, Vietnam's clothing exports to the EU will increase significantly.

In 2017, about 47.2% of the Vietnam textile and apparel exports to the United States, exports increased 7.2%, is expected to gradually catch up with Chinese become U.S. textile and apparel imports to the EU's first major supply; clothing exports increased by 13.2%, the EU's sixth largest garment suppliers; on the China textile and apparel exports surged by 33.8%, mainly cotton yarn export sales soared; very strong on South Korea's exports accounted for more than 10% of the total exports of textiles and garments.

Vietnam's clothing textile and leather shoes will benefit most from the comprehensive and progressive trans Pacific Partnership Agreement (CPTPP). After the entry into force of the agreement, the export of garment textile and leather shoes in Vietnam is expected to increase by 8.3% to 10.8%. In the Americas, the industry is a key protection industry, so the tariff reduction policy after the entry into force of the CPTPP agreement will promote the competitiveness of Vietnam's clothing, textile and leather footwear products.

Cambodia

The garment industry is one of the four main economic pillars of Kampuchea, and the costumes produced by Cambodia are mainly exported to the United States and the European Union. The 28 countries, such as the United States, Europe and Japan, gave the CSP. For the Cambodian textile and apparel imports from the United States, to give a more relaxed and reduce import tariffs, quotas and income restrictions, the EU does not give Canada shall be exempted from import duties and other incentives to attract China (including Hong Kong, Macao and Taiwan) led by the textile and garment export restricted countries and regions to invest. Of the more than 200 textile and garment enterprises in Cambodia, more than 80% of them are from China (including Hong Kong, Macao and Taiwan).

Cambodia is working with 5 countries in Asia and Europe to discuss the import of textiles, namely Russia, Kazakhstan, Armenia, Kyrgyzstan and Belarus, of which 3 countries have expressed interest in ordering Kampuchea winter.

Russia in the past China multi order winter clothing, but now Chinese enterprises have to invest and build factories in Cambodia, therefore, Russia agreed to transfer orders to cambodia. China clothing exports to Europe market must pay 20% tax on imports, if Cambodia obtained import duty-free preferential treatment to attract more Chinese enterprises to invest in Cambodia clothing production.

Indonesia

The export of clothing accounts for about 70% of the total export of Indonesian textiles. Although the export of Indonesian textiles increased by 5% to $12 billion 400 million in 2017, the export growth in 2018 would be slowed down.

Malaysia

In 2017, the silk trade in Malaysia was $421 million, down by 18.64%. Among them, the import amount was 327 million US dollars, a year-on-year decline of 23.14%; the export volume was 93 million 579 thousand and 400 US dollars, and an increase of 2.37% over the same period. The details are as follows:

The composition of imported commodities was 7 million 631 thousand dollars for silk products, down 28.3% from the same period last year, the number of 196.2 tons, down 45.36% compared with the same period last year, and 40 million 643 thousand and 800 of silks and satin decreased by 17.04% compared with the same period last year. The finished products of 279 million US dollars decreased by 23.81% compared with the same period last year.

The main source of imported China (for the amount of $164 million, down 34.83%, accounting for 50.1%), Singapore (the amount of $22 million 77 thousand and 400, an increase of 14.39%, accounting for 6.74%), India ($21 million 141 thousand and 500, an increase of 5.36%, accounting for 6.46%), Indonesia ($17 million 623 thousand and 800, down 11.37%, accounting for 5.38%) Bangladesh, (the amount of $16 million 397 thousand and 300, down 15.84%, accounting for 5.01%. The total ratio of the above 5 sources is 73.69%.

The composition of export commodities is 8 million 915 thousand and 500 dollars for silk products, down 26.64% from the same period last year, the number of 189.61 tons, down 34.61% compared with the same period last year, and the 14 million 873 thousand and 400 of silks and satin decreased by 12.18% compared with the same period last year. The finished products 69 million 790 thousand and 500 dollars, up 11.99% over the same period.

The main export market for Singapore ($21 million 815 thousand and 200, an increase of 3.7%, accounting for 23.31%), the United States (the amount of $14 million 477 thousand and 900, an increase of 25.28%, accounting for 15.47%), India ($9 million 754 thousand and 300, down 25.45%, accounting for 10.42%), Australia (US $5 million 995 thousand and 200, an increase of 111.41%, accounting for 6.41%), Turkey (the amount of $5 million 985 thousand and 300, down 30.36%, accounting for 6.4%). The total ratio of the above 5 markets is 62.01%.

Xu Ningning said, Chinese enterprise and ASEAN enterprises in the textile industry have complementary cooperation space, more opportunities, China enterprises should pay attention to in the field of textile enterprises and ASEAN cooperation, explore effective ways of cooperation, open up the international market through asean. Suggestion:

- can cooperate with the ASEAN national textile and clothing association to participate in the exhibition, understand the industry information and find out the partners.

The industrial parks of textile enterprises can be set up in ASEAN countries for development.

In textile raw materials, machinery and dyeing

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