In Vietnam, this year (2012) imported raw materials for textile products of USD 5.5 billion

According to statistics of the Vietnam Textile Association (Vitas), in the first half of 2012, Vietnam imported raw materials for textile products of US$5.5 billion, which was 5.87% lower than the same period of last year. The original materials of imported textile products were cotton ( US$440 million, a decrease of 29.87% over the same period of last year. Yarn and fiber (US$683 million, a decrease of 14% over the same period of last year, fabrics (3.4 billion US dollars, a decrease of 0.02% over the same period of last year) and the original Vice materials (RMB 913 million).

According to the Vietnam Textile Association, Vietnam exported $7.5 billion worth of textiles, yarn and fiber in the first half of this year, of which textile exports amounted to $6.6 billion, an increase of 11% over the same period of last year, and accounted for Vietnam’s total exports in the first half of this year. 13% of the amount.

At present, the Vietnamese textile manufacturers have obtained orders for textile exports in the third quarter of this year and are striving for orders for the fourth quarter.

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