Home / Knowledge / News / Textiles / Import of textile boards & threads rise considerably in Q1
Import of textile boards & threads rise considerably in Q1
16
May '08
According to the Ministry of Industry and Trade (MOIT), in the first quarter 2008, Vietnamese textile and apparel industry had spent nearly US $13.5 million on importing different varieties of textile boards for local production. The figures witness an increase of 23.5 percent over same period 2007.

In March, the nation had to spend approximately $4.7 million for importing boards, a significant rise of 21.8 percent over previous month and 17.7 percent year-on-year. Among all suppliers, Korea remained at top position, by enjoying a strong growth of 51 percent.

In 2007, Vietnam imported textile boards that include elastic, cotton, fibre, worth $57.1 million, representing a year-on-year boost of 48.3 percent. Import from Korea came up to almost $18.3 million, accounting for 32.1 percent of total.

The nation also expended nearly $5.28 million for importing threads for local garment production units in March 2008, with a boost of 43.1 percent, compared to February showing hike of 26.9 percent over same period last year.

During the first three months of 2008, import turnover climbed to almost $14.1 million, representing a year-on-year growth of 47.5 percent.

Asian countries including China, Thailand and Japan are the largest suppliers of thread to Vietnamese garment industry.

The imports price of thread in Q1, for 100 percent polyester spun thread sourced from China stood at approximately $0.7 per reel and 100 percent polyester thread was at $1.03 per reel, up by 9.6 percent over same period of 2007.

The 100 percent cotton C60 thread, 310,000m per reel which was imported from Thailand quoted at nearly $4.52 per reel, a rise of 7.6 percent. In the same line, the price of the 100 percent polyester thread from Japan was around $4.84 per reel, a boost of 5.7 percent.

Fibre2fashion News Desk - Vietnam


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search