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Exports of wire and cables in Vietnam amounted to $17.53 million

时间:2017-07-13 15:31:15   来源:   作者:   点击:

   In the first half of September 2009, the export volume of Vietnamese wire cables reached $17.53 million, up 14.7 percent from the previous month. Therefore, as of September 15, 2009, the export amount of the goods nationwide amounted to $260 million. In August, the export amount of wire and cable was $819.3 million, up 17.3 percent from the previous month and 3.3 percent from a year earlier. Japan, the United States and Hong Kong continue to be Vietnam's largest export market for power lines and cables. Exports to South Korea and Indonesia also rose sharply.

  With the progress of The Times, the electric wires used for cars continued to lead, with an export value of $62 million, up 22.7% from the previous month. Exports of optical cables also increased sharply, to $420,000, up 101% from the previous month. At the same time, the export of plastic-covered cables continued to decline, amounting to only $28.4 million, down 6.4 percent from the previous month. In addition, the insulating paint line dropped by 15.5 percent to just $1.46 million. Exported to South Korea's wire and cable amount is $1.98 million, rose by 202%, exports to South Korea's main products are plastic set of cables and HD wire, export amount is $1.23 million and $230000 respectively. Exports to Cambodia have also increased significantly, to $1.38 million, an increase of 227% from the previous month, while the export of wire cables has also increased significantly, to $890,000 and $360,000 respectively. The largest market for growth in August was India, with a total of $270,000, up 756% from the previous month. It is worth mentioning that the only product exported to India is the copper conductive plate. The amount of electric cables exported to Japan continued to lead to $58.29 million, up 17.5 percent from the previous year and 6.6 percent year-on-year. The main products exported to Japan have power lines for cars, accounting for 87.8 percent of the total. Exports to the United States also rose sharply, to $9.72 million, up 37.6 percent from the previous year and 6.9 percent year-on-year.
  In fact, as early as December 26, 2007, the ministry of industry and commerce of Vietnam reported that the total export of electric wires and cables reached $850 million, up 20.6% year on year. In 2008, the export of cable and cable in Vietnam was projected to reach $1.3 billion, a 53 percent increase from 2007. Exports of electrical cables in Vietnam rose by 24.5% year on year in the first eight months of 2009.
  It is understood that the main markets for the export of wire cables in Vietnam include Japan (90%), South Korea, Australia, Hong Kong and southeast Asian countries. In addition, the us, Germany, China, Mexico and France are also potential markets for Vietnam's exports.
  Although the world demand for wire and cable products only 3% a year growth, but because of Vietnam's export share is still small, so the impact on Vietnamese cable export prospects is not large, and Vietnam, wire and cable products in the international market competitiveness has been sure. At present, the investment of domestic and foreign enterprises in the production of wire and cable is increasing, so the export growth capacity of such products is also very large.

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