{"id":47265,"date":"2021-01-18T10:53:50","date_gmt":"2021-01-18T05:23:50","guid":{"rendered":"https:\/\/www.denimsandjeans.com\/?p=47265"},"modified":"2021-01-18T10:53:54","modified_gmt":"2021-01-18T05:23:54","slug":"vietnam-imports-over-7-million-mtr-denim-fabrics-in-oct-2020","status":"publish","type":"post","link":"https:\/\/www.denimsandjeans.com\/recovery\/subscriber-reports\/vietnam-imports-over-7-million-mtr-denim-fabrics-in-oct-2020\/47265","title":{"rendered":"Vietnam Imports Over 7 million Mtr Denim Fabrics In Oct 2020"},"content":{"rendered":"\n

Vietnam is an increasingly important denim apparel production and export centre . With various factors going against China, Vietnam has come out to be the biggest beneficiary . Denim production started slowly but surely and with strict Vietnam laws, eco friendly production methods and technologies have been employed in most factories. With its FTA with EU, we see a great increase in production in this country and the same can also be visible with increasing imports of fabrics – one department where Vietnam is weak and is an opportunity for suppliers. In this report, we are covering the denim fabric imports in Vietnam during October 2020.<\/p>\n\n\n\n

The analysis will be in three parts<\/p>\n\n\n\n

  1. Countrywise Import Analysis<\/li>
  2. Leading Suppliers<\/li>
  3. Leading Denim Buyers<\/li><\/ol>\n\n\n\n
    #<\/td>Particulars \/Content of the report<\/td><\/tr>
    1<\/td>Table showing country-wise Denim Imports along with Average Price and % Share of countries during October 2020.<\/td><\/tr>
    2<\/td>Graphs showing month wise Denim Imports, Average Price, and %Share of countries during October 2020.<\/td><\/tr>
    5<\/td>Table showing Leading Denim Buyers along with Average Price during October 2020.<\/td><\/tr>
    6<\/td>Graphs showing Leading Denim Buyers along with Average Price during October 2020.<\/td><\/tr><\/tbody><\/table>
    [private_special]<\/figcaption><\/figure>\n\n\n\n

    COUNTRY WISE DENIM EXPORTS OCTOBER 2020<\/strong><\/h3>\n\n\n\n

    There are 6 major countries from where Vietnam imported approx.\u00c2\u00a097%\u00c2\u00a0<\/strong>of its total denim import.\u00c2\u00a080%<\/strong>\u00c2\u00a0of denim imported from China\u00c2\u00a0at an average price of $3.72\/meter while other countries that are exporting denim to Vietnam include Turkey, Taiwan, Pakistan, South Korea and Japan. Vietnam imported\u00c2\u00a07.2 million\u00c2\u00a0meters of denim during October 2020 at an average price of $3.74\/meter.<\/p>\n\n\n\n

    Note: This figure is likely to be much higher as the full data is normally not captured in the figures received<\/em> from various authorities.<\/em><\/p>\n\n\n\n

    Japan exported the denim at the most expensive average price of $6.47\/meter and Pakistan exported at the cheapest average price of $2.48\/meter.<\/p>\n\n\n\n

    Country<\/td>Quantity (Meter)<\/td>Average Price($\/Meter)<\/td>% Share<\/td><\/tr>
    China<\/td>57,89,108<\/td>3.72<\/td>80%<\/td><\/tr>
    Pakistan<\/td>3,42,346<\/td>2.48<\/td>5%<\/td><\/tr>
    Taiwan<\/td>3,24,686<\/td>4.56<\/td>4%<\/td><\/tr>
    Turkey<\/td>2,77,242<\/td>4.57<\/td>4%<\/td><\/tr>
    South Korea<\/td>2,22,493<\/td>2.26<\/td>3%<\/td><\/tr>
    Japan<\/td>89,214<\/td>6.47<\/td>1%<\/td><\/tr>
    Others<\/td>1,87,260<\/td>4.44<\/td>3%<\/td><\/tr>
    Total<\/td>72,32,350<\/td>3.74<\/td>100%<\/td><\/tr><\/tbody><\/table>
    Leading Exporters Of Fabric To Vietnam \u00e2\u20ac\u201c June 2020<\/figcaption><\/figure>\n\n\n\n
    \"\"<\/figure><\/div>\n\n\n\n
    \"\"<\/figure><\/div>\n\n\n\n
    \"\"<\/figure><\/div>\n\n\n\n
    \"\"<\/figure><\/div>\n\n\n\n

    TOP SUPPLIERS<\/h2>\n\n\n\n

    Crystal Apparel Limited, one of the biggest denim manufacturers in the world, is the biggest supplier to Vietnamese companies and during October 2020, it exported more than 1.4 million meters at an average price of $4.68\/meter. Crystal Apparel is the world’s largest denim apparel producer and also sources fabrics from its suppliers and exports to Vietnam. The list of suppliers also includes Texhong Fashion(HK), Y.H Texpert(China) and Nien Hsing Textile. Most of the top exporters belongs to China which shows the great dependence of Vietnamese companies on China. Many of these suppliers like Texhong are apparel producers and supply to their own units in Vietnam. <\/p>\n\n\n\n

    Supplier<\/td>Quantity(Meters)<\/td>Av Price($\/Meter)<\/td>Country<\/td><\/tr>
    CRYSTAL APPAREL LIMITED<\/td>1,497,444<\/td>4.68<\/td>China<\/td><\/tr>
    TEXHONG FASHION INDUSTRIAL LIMITED<\/td>623,565<\/td>5.14<\/td>Hong Kong<\/td><\/tr>
    Y.H. TEXPERT CORPORATION<\/td>442,009<\/td>5.23<\/td>China<\/td><\/tr>
    NIEN HSING TEXTILE CO., LTD<\/td>438,300<\/td>4.75<\/td>Taiwan<\/td><\/tr>
    INTRO FABRIC<\/td>320,969<\/td>2.18<\/td>China<\/td><\/tr>
    DNC CO.,LTD<\/td>280,823<\/td>2.13<\/td>China<\/td><\/tr>
    GOLDENROAD CO.,LTD<\/td>250,605<\/td>5.30<\/td>China<\/td><\/tr>
    ADVANCE DENIM CO., LIMITED<\/td>199,041<\/td>4.39<\/td>China<\/td><\/tr>
    E.LAND WORLD CO LTD<\/td>174,034<\/td>2.68<\/td>South Korea<\/td><\/tr>
    FUSION TEX LIMITED<\/td>153,293<\/td>2.43<\/td>China<\/td><\/tr>
    SCORVV DENIM WORKSHOP<\/td>146,947<\/td>2.36<\/td>South Korea<\/td><\/tr>
    E.8 DENIM HOUSE, LLC<\/td>128,681<\/td>1.88<\/td>China<\/td><\/tr>
    SHANDONG DAIYIN TEXTILE<\/td>124,464<\/td>1.80<\/td>China<\/td><\/tr>
    EUNINA INC<\/td>122,647<\/td>2.32<\/td>China<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
    \"\"<\/figure><\/div>\n\n\n\n
    \"\"<\/figure><\/div>\n\n\n\n

    Leading Fabric Buyers<\/h2>\n\n\n\n

    So far as the leading denim buyers are concerned, During the month of Oct 2020, the top five denim buyers are as below:<\/p>\n\n\n\n

    1. NIEN HSING (NINH BINH) GARMENT CO.,LTD<\/strong>: Total denim was bought by Nien Hsing Garment was 1.04 million meters at an average price of $4.97\/m. All the fabrics were bought from NIEN HSING TEXTILE (CHINA) and TEXHONG FASHION INDUSTRIAL LIMITED(TAIWAN).
      Address:\u00c2\u00a0Ng\u00c3\u00b4 Gia Kh\u00e1\u00ba\u00a3m, P. Ph\u00c3\u00ba Kh\u00c3\u00a1nh, Th\u00c3\u00a1i B\u00c3\u00acnh, Vietnam<\/em>
      <\/li>
    2. YDVL<\/strong>: YDVL bought 9.24 lacs meters at an average price of $4.75\/meter. All fabric was bought from Crystal Apparel Limited, China.
      Address: Nh\u00c3\u00a0 M\u00c3\u00a1y May YI DA Vi\u00e1\u00bb\u2021t Nam (YI DA VIET NAM LIMITED- Crystal Group , TT. L\u00c3\u00a2m Thao, C\u00e1\u00ba\u00a9m Kh\u00c3\u00aa, Ph\u00c3\u00ba Th\u00e1\u00bb\u008d, Vietnam<\/em>
      <\/li>
    3. PPJ<\/strong>: The company bought 5.66 lac meters during the month of October 2020 at an average price of $2.45\/meter. ZAOZHUANG HIYOUNG DYNASTY TEXTILE, H.W. TEXTILES, YIXING LUCKY G & L DENIM, JINAN FREEDOM TEXTILES, and ADVANCE DENIM are the main suppliers for PPJ.
      Address:\u00c2\u00a0Phong Phu International JSC (PPJ,48 Tang Nhon Phu Str, Tang Nhon Phu B Ward, District 9, Ho Chi Minh City, VIETNAM.
      Tel. (848) 7305 6886 | Fax (848) 3728 1846
      info@ppj-international.com<\/em>
      <\/li>
    4. TRUC XANH CLOTHING ONE MEMBER COMPANY LIMITED<\/strong> : Truc Xanh bought 5.33 lac meter at an average price of $5.31\/meter. Y.H.Texpert and Goldenroad are the main suppliers to Truc Xanh Clothing Company.
      Address: T\u00c3\u00a2n Ph\u00c6\u00b0\u00e1\u00bb\u203ac Kh\u00c3\u00a1nh, T\u00c3\u00a2n Uy\u00c3\u00aan District, \u00eb\u00b9\u02c6\u00eb\u2018\u00a5 \u00ec\u00a3\u00bc\u00eb\u00b3\u20ac, T\u00c3\u00a2n Uy\u00c3\u00aan, B\u00c3\u00acnh D\u00c6\u00b0\u00c6\u00a1ng, Vietnam
      <\/li>
    5. SAITEX<\/strong> : Total denim was bought by SAITEX was 3.61 lacs meters at an average price of $6.17\/meter. ADVANCE DENIM, ARTISTIC MILLINERS and CANDIANI are the major suppliers to SAITEX.
      Address:\u00c2\u00a013 Khu C\u00c3\u00b4ng Nghi\u00e1\u00bb\u2021p Amata, An B\u00c3\u00acnh, Th\u00c3\u00a0nh ph\u00e1\u00bb\u2018 Bi\u00c3\u00aan H\u00c3\u00b2a, \u00c4\u0090\u00e1\u00bb\u201cng Nai, Vietnam
      Telephone: +84 251 8877 100<\/em><\/li><\/ol>\n\n\n\n
      Buyer<\/td>Quantity( Meter)<\/td>Av Price($\/Meter)<\/td><\/tr>
      NIEN HSING (NINH BINH) GARMENT CO.,LTD<\/td>10,47,238<\/td>4.97<\/td><\/tr>
      YDVL<\/td>924781<\/td>4.75<\/td><\/tr>
      PP. J.S.C.<\/td>5,66,109<\/td>2.43<\/td><\/tr>
      TRUC XANH CLOTHING ONE MEMBER COMPANY LIMITED<\/td>533807<\/td>5.32<\/td><\/tr>
      SAITEX<\/td>361427<\/td>6.17<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
      \"\"<\/figure><\/div>\n\n\n\n
      \"\"<\/figure><\/div>\n\n\n\n

      The importance of Vietnam is going to increase over next few years as the effect of FTA with Europe becomes more visible and import duties into EU become zero. We are going to see more and more exports from Vietnam in the coming years. Would be interesting to watch the details in 2021 !<\/p>\n\n\n\n

      [\/private_special]<\/p>\n","protected":false},"excerpt":{"rendered":"

      Vietnam is an increasingly important denim apparel production and export centre . With various factors going against China, Vietnam has come out to be the biggest beneficiary . Denim production started slowly but surely and with strict Vietnam laws, eco friendly production methods and technologies have been employed in most factories. With its FTA with […]<\/p>\n","protected":false},"author":59,"featured_media":47305,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318,1271],"tags":[1272,1403],"class_list":["post-47265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-subscriber-reports","tag-special-reports","tag-vietnam-denim"],"_links":{"self":[{"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/posts\/47265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/comments?post=47265"}],"version-history":[{"count":2,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/posts\/47265\/revisions"}],"predecessor-version":[{"id":47327,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/posts\/47265\/revisions\/47327"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/media\/47305"}],"wp:attachment":[{"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/media?parent=47265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/categories?post=47265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/tags?post=47265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}