Home / Knowledge / News / Textiles / Exports get delayed due to dearth in containers

Exports get delayed due to dearth in containers

02
Jul '10
Domestic firms witness losses, as dearth in containers leads to delayed deliveries of export orders to overseas partners.

In order to avoid delay in shipments, many exporters have pre-registered their firms with shipping companies, two or three weeks in advance to reserve their containers

Although, dearth in containers commenced in March, but off late the problem has adversely increased. As per a member of a wood export firm in HCM city, this is luckily not the peak season.

The most affected, owing to dearth of containers, are those firms that, export bulk volumes of goods to key transport routes such as the US and EU.

However, till now companies with constant volumes have not been affected as much as those with unpredictable or irregular contracts or orders. For instance, Secoin Building Materials in HCM City, regularly exports with constant volume figures, therefore, it has come across lesser problems with respect to dearth in containers.

More so, the shortage in containers was partly due to the rise in the number of export contracts, inked by different Vietnamese firms.

Le Quoc An, Chairman, Viet Nam Textile and Apparel Association, too confirmed the aforesaid details, further adding that, they export orders signed are more as against last year's figures.

Firms involved in apparels, handicrafts, leather footwear, coffee and furniture exports are adversely affected due to dearth in containers.

But still, the textile and apparel segment, attained net export turnover of US $4.8 billion, within the initial six months of the year, witnessing a year-on-year rise of 17.2 percent.

Viet Nam Timber and Forest product Association too informed that, member firms inked more contracts with US this fiscal, which has lead to rise in exports by 5 percent.

Export turnover of farm produce, seafood and forest goods too rose by 13.5 percent year-on-year to $8.6 billion in the first half of 2010, informed the Ministry of Agriculture and Rural Development.

Industry exports opine that, despite experiencing recovery in economic, investment in containers, as always, was at a lower level.

Fibre2Fashion News Desk - India


Must ReadView All

Foreign brands competing with local clothing companies in Vietnam

Apparel/Garments | On 17th May 2021

Foreign brands competing with local clothing companies in Vietnam

International brands are giving tough competition to the local...

Pic: Casimiro PT / Shutterstock.com

E-commerce | On 17th May 2021

London-based global fashion platform Lyst raises £60mn

Lyst, a London-based global fashion aggregator that operates an...

Pic: Shutterstock

Textiles | On 17th May 2021

Prime Content| China cotton index may remain stable in coming months: TexPro

The China cotton is expected to remain above 16,000 RMB per ton or...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Fashion tech has to be lean and very productive

Textile Industry, Head honchos

Textile Industry
Head honchos

Good tidings expected for textile industry

Textile Industry, Head honchos

Textile Industry
Head honchos

Verticals like fast fashion won’t completely adopt personalisation on...

Ritu Oberoi,

Ritu Oberoi

Established in 2018, Forsarees is a socially driven business enterprise,...

P V Kadole,

P V Kadole

Nine co-operative organisations from Ichalkaranji came together to form an ...

Tony Naschberger,

Tony Naschberger

With production sites in Klagenfurt and Kufstein, Zimmer Austria is a...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Ian Russell, Pireta

Ian Russell
Pireta

UK-based Pireta has developed a unique free-form process to add durable,...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha & Jigar blends India's unique handcrafts...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees 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


May 2021

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


Advanced Search