Home / Knowledge / News / Textiles / Import of yarn decreases
Import of yarn decreases
02
Jan '09
According to statistics released by General Custom Department, in the month of November, Vietnam imported 30,400 ton yarn, valuing US $50 million, representing a decrease of 15.6 percent in quantity and 24.5 percent in value over October 2008 and 24.1 and 30.6 percent compared to similar period previous year.

During the period from January to November, the import quantity reached 379,300 tons worth $724,300 million, showcasing a downfall of 1.4 percent in quantity but rise of 7.9 percent in value year-on-year.

In November, the country imported 13.200 ton yarn from Taiwan worth $17.1 million, depicting a sharp fall by 11.3 percent in quantity and 28.8 percent in value over October and 29 percent and 44.6 percent over November 2007. In this period, the import quantity reached 157,700 tons, valuing $269.6 million, down 11.8 percent and 4.8 percent compared to same period 2007.

Nearly 33,900 ton of year has been imported from Korea, up 2.4 percent for $7.4 million in value, down 6 percent compared to October. The figures were 30,400 tons and $75.2 million as for 11 months, up 7.1 and 15.4 percent on year.

From Thailand the country imported 5,600 tons of yarn worth $7.3 million, showing a decrease of 14.8 and 29.6 percent over October. The import quantity and value reached $60,200 tons and $98 million during this period, down by mere one percent in quantity but up 3.6 percent in terms of value year-on-year.

In the month of November, import of yarn from China strongly decreased 44.2 percent in quantity and 36.9 percent in value over October and 55.2 and 30.3 percent over November 2007. In these 11 months, Vietnam spent around $114.5 million for importing 50,700 tons of yarn from China, up 34.2 and 29.2 percent on year.

The average import price of yarn during this period stood with in the range of $1,131- $2,530 per ton, up 9.5 percent on year.

Fibre2fashion News Desk - Vietnam


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Madhu Jain
Madhu Jain

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

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

Leave your Comments


April 2018

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
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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