Export Data per destination and product category - US and EU Import statistics per product category

Vietnam Apparel Exports in Full 2016 Quarterly Report

Vietnam's apparel exports have experienced a serious slowdown in 2016, due to the recession of the US apparel import market. However, the market share of Vietnamese exporters has improved in the United States whereas being maintained on a recovering European market. Our report includes Vietnam's latest clothing export data per month and destination and provides comprehensive data for US imports per quota category and EU imports per HS 4-digit categories over the 2011-2016 period. Unit prices and long-term trends are calculated over the last five years.

Vietnam's apparel exports have less sharply increased in full 2016, due to the recession of the US apparel market.

Total apparel exports have only risen 3.6% in dollar terms against a jump of more than 10% in the previous year.

Shipments to the US market have been up 3.2% vs a rise of nearly 13% in 2015. With the United States accounting for about 50% of total exports, any fall in US buying is negatively affecting the sales of the Vietnamese apparel industry.

As total US apparel imports have declined in the last year, the share of Vietnam has however improved, rising from 11.5% to 12.4% in volume terms, and even climbing from 12.4% to 13.4% in dollar terms.

The start of 2017 has been extremely disappointing for Vietnam, with the decision by the new US president to scrap the free trade agreement between the United States and the "Pacific" nations, including Vietnam, which would have further boosted apparel sales to the US market.

More important, the yarn-forward provision previously imposed by Washington in the so-called TPP would have forced Vietnamese apparel exporters to use domestically produced yarns and would have therefore supported future investment in yarn capacities in the country.

On the contrary, the end of the TPP has eliminated a good reason for Chinese investors to expand their spinning capacities in Vietnam.

Even without the free-trade booster, the Vietnamese apparel industry remains very competitive, although labor costs are not so low in the country.

More important, man-made fiber production has been developed in addition to imports of Chinese fabrics, allowing to satisfy a US demand which is rapidly shifting from cotton to cheaper man-made fiber apparel.

If US imports of cotton apparel from Vietnam have only risen 1.8% in volume terms in full 2016, imports of man-made fiber apparel have gained 11.5% in the meantime with a double-digit surge in many categories, as reflected by our below tables.

MMF apparel now account for 51% of total US imports from Vietnam in value terms, against 40% only for cotton apparel (and the remaining for wool apparel).

On EU's market, Vietnam remains relatively shy, with its exporters being more interested in selling to a large single US market.

Vietnam has however maintained its market share in volume terms at 5.2% whereas raising its share to 6.4% in value terms.

Bangladesh and Cambodia have got much better results in the last year.

EU's clothing imports from Vietnam have however surged 40% in the last five years in dollar terms, whereas total imports were falling 8%.



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Download full data in a comprehensive table (csv file)




















US Apparel Imports per Category (csv file)



























EU Clothing Imports: Vietnam v. China per Category (.csv file)




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