#Vietnam import data by HS code

[seaireximsolution-blog]

Vietnam's Dynamic Trade Landscape: An In-Depth Analysis

Vietnam has emerged as a significant player in the global trade arena, thanks to its robust export and import activities. With a rapidly growing economy and strategic location in Southeast Asia, the country has become a key hub for international trade. In this article, we will explore Vietnam's trade landscape, delving into Vietnam export data, Vietnam import data, and Vietnam customs data to provide a comprehensive overview of the country's trade dynamics.

Vietnam's Economic Growth and Trade Evolution

Vietnam's economic transformation in recent decades has been truly extraordinary. From an agrarian economy, it has evolved into a manufacturing powerhouse, attracting substantial foreign investment. This shift has been instrumental in boosting Vietnam's trade volumes, making it one of the fastest-growing economies in the region.

Vietnam Export Data: Key Insights

Vietnam export data reveals a significant increase in the country’s export volumes over the years. In the last fiscal year, Vietnam's exports reached approximately USD 280 billion, showcasing the country's strong presence in the global market. The main export commodities include electronics, textiles, footwear, machinery, and agricultural products.

Electronics: The export of electronics, particularly smartphones and components, has been a major driver of Vietnam's export growth. Companies like Samsung have established large manufacturing bases in Vietnam, contributing significantly to export revenues.

Textiles and Footwear: Vietnam is one of the world's leading exporters of textiles and footwear, supplying major brands in the US, Europe, and other markets.

Agricultural Products: Vietnam is a top exporter of agricultural commodities such as rice, coffee, cashew nuts, and seafood. These products are highly esteemed in international markets for their exceptional quality.

Machinery and Equipment: The export of machinery and equipment, including electrical machinery, has also seen a substantial rise, reflecting Vietnam's growing industrial capabilities.

Vietnam Import Data: An Overview

Vietnam import data indicates that the country imports a wide range of goods to support its manufacturing and consumption needs. The total import value for the last fiscal year was around USD 260 billion. Key import categories include machinery, electronics, raw materials, and consumer goods.

Machinery and Equipment: Vietnam imports a significant amount of machinery and equipment, necessary for its manufacturing sector and industrial growth.

Electronics: The country imports electronic components, which are essential for its thriving electronics manufacturing industry.

Raw Materials: To support its textile and footwear industries, Vietnam imports large quantities of raw materials such as cotton, yarn, and fabric.

Consumer Goods: With a growing middle class, the demand for consumer goods, including automobiles, pharmaceuticals, and luxury items, has increased, leading to higher import volumes.

Vietnam Export Import Data: Balancing Trade

Vietnam export import data reveals a well-balanced trade scenario, with a slight trade surplus in recent years. This balance is crucial for maintaining economic stability and fostering sustained growth. The government's proactive trade policies and agree Vietnam trade data

Vietnam Trade Data: Regional and Global Partners

Vietnam trade data shows that the country has diversified its trade partners across various regions. Major trading partners include the United States, China, Japan, South Korea, and the European Union.

United States: The US is one of Vietnam's largest export destinations, particularly for textiles, footwear, and electronics.

China: Vietnam has a complex trade relationship with China, importing raw materials and components while exporting finished goods.

Japan and South Korea: These countries are significant investors in Vietnam, contributing to the growth of the electronics and automotive sectors.

European Union: The EU is a major market for Vietnamese agricultural products, textiles, and electronics.

Vietnam Customs Data: Ensuring Compliance and Efficiency

Vietnam customs data is crucial for understanding the country’s trade regulations and compliance requirements. The Vietnamese government has implemented various measures to streamline customs procedures, enhance transparency, and reduce trade barriers. These efforts have been instrumental in attracting foreign investment and boosting trade volumes.

Import Data Vietnam: Detailed Analysis by HS Code

Analyzing import data Vietnam by HS code provides a detailed understanding of the types of goods entering the country. The Harmonized System (HS) code is a standardized numerical method of classifying traded products. This system helps in identifying trends, managing tariffs, and implementing trade policies effectively.

HS Code 85 (Electrical machinery and equipment): This category includes items like smartphones, electronic circuits, and other electrical components, which are vital for Vietnam’s electronics manufacturing sector.

HS Code 84 (Machinery and mechanical appliances): This includes industrial machinery and parts, essential for Vietnam’s manufacturing and construction industries.

HS Code 52 (Cotton): Raw cotton and yarn imports support Vietnam’s extensive textile industry.

HS Code 87 (Vehicles other than railway): Includes automobiles and parts, catering to the rising demand for personal and commercial vehicles.

Key Trade Agreements and Policies

Vietnam has entered into numerous trade agreements that have significantly boosted its export and import activities. Key agreements include:

CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership): This agreement has opened up new markets for Vietnamese products, particularly in the Asia-Pacific region.

EVFTA (EU-Vietnam Free Trade Agreement): This agreement has reduced tariffs and non-tariff barriers, enhancing trade between Vietnam and the European Union.

ASEAN Trade in Goods Agreement (ATIGA): As a member of ASEAN, Vietnam benefits from reduced tariffs and improved trade facilitation within Southeast Asia.

Challenges and Opportunities in Vietnam’s Trade

While Vietnam’s trade landscape is thriving, it faces several challenges. These include:

Infrastructure Development: Continued investment in infrastructure is essential to support growing trade volumes.

Regulatory Compliance: Ensuring compliance with international standards and regulations is crucial for maintaining market access.

Global Competition: Vietnam must navigate competitive pressures from other emerging markets.

However, the country also has numerous opportunities:

Diversification of Export Markets: Expanding into new markets can reduce dependency on traditional trading partners.

Innovation in Manufacturing: Investing in technology and innovation can enhance the competitiveness of Vietnamese products.

Sustainable Practices: Adopting sustainable and environmentally friendly practices can attract eco-conscious consumers and investors.

The Future of Vietnam’s Trade Landscape

The future of Vietnam’s trade landscape looks promising, with continued growth expected in both exports and imports. The government’s focus on improving trade infrastructure, enhancing regulatory frameworks, and fostering international trade relationships will play a crucial role in shaping this future.

Conclusion

Vietnam’s trade landscape is dynamic and evolving, characterized by robust export and import activities. The comprehensive Vietnam export data and Vietnam import data underscore the country’s significant role in global trade. By leveraging its strategic location, diverse product offerings, and proactive trade policies, Vietnam is well-positioned to continue its upward trajectory in the international trade arena. The detailed Vietnam customs data and import data by HS code provide valuable insights for businesses and policymakers, helping them navigate the complexities of global trade. As Vietnam continues to grow and develop, its trade dynamics will undoubtedly play a key role in its economic success.

[exportimportdata3]

Discover Vietnam's top imports and exports in 2024. Explore the latest trade data, key products, and major economic trends driving Vietnam's growth. Get accurate Vietnam customs data and insights into the country's role in global trade.

[anamseair]

https://www.seair.co.in/blog/top-10-vietnam-imports-and-exports-products.aspx

Explore Vietnam's top imports and exports with the latest data for 2024. Discover the country's economic growth, key trade products, and major trading partners. Get accurate Vietnam export import data, Vietnam customs data, export-import statistics, and insights into the booming trade landscape. Learn how Vietnam, a neighboring country of China, is shaping global markets with its diverse agricultural and industrial exports.

[seairexim]

Vietnam’s thriving export sector cements its global trade role. Businesses use Vietnam trade data in 2024-2025 to analyze trends, optimize supply chains, and seize opportunities.

[datavaultinsightsllp]

Vietnam Export and Import Data: Strategic Insights from Data Vault Insights

Vietnam has become one of Southeast Asia’s most vibrant trade hubs, thanks to its export-driven growth and rapidly evolving import structure. Analyzing Vietnam export data and Vietnam import data provides essential insights for businesses, analysts, and policymakers. At Data Vault Insights, we offer accurate, up-to-date, and actionable trade intelligence that reveals the patterns behind Vietnam’s global commerce.

Vietnam’s Trade Overview

With trade turnover exceeding $730 billion in 2024, Vietnam has solidified its position in global supply chains. Exports reached approximately $370 billion, while imports totaled about $360 billion, delivering a healthy trade surplus. This balance reflects the country’s efficiency in value-added manufacturing and growing domestic demand for industrial inputs.

Key trading partners include the United States, China, Japan, South Korea, and EU nations. Vietnam's involvement in high-impact trade agreements—such as the EVFTA and CPTPP—has reduced tariffs and expanded market access, encouraging both exports and imports.

At Data Vault Insights, our comprehensive datasets help businesses identify high-opportunity markets and understand the underlying trends driving these figures.

Vietnam Export Data: Leading Sectors

Vietnam’s economy thrives on its strong and diversified export sector. According to Vietnam export data available on Data Vault Insights, the top exported categories include:

Electronics and Components: Products like smartphones, tablets, and integrated circuits dominate exports, driven by foreign investment from tech giants like Samsung and Intel.

Textiles and Garments: Vietnam ranks among the world’s largest garment exporters, known for high-quality and fast turnaround capabilities.

Footwear: As a global manufacturing hub, Vietnam’s footwear exports cater to major international brands.

Agricultural Goods: The country is a top exporter of rice, coffee, pepper, cashews, and seafood.

Machinery and Tools: This growing sector reflects Vietnam’s move toward industrial sophistication.

Export trends highlight a shift toward value-added production and green manufacturing, with the government and private sector investing in sustainability to meet ESG standards.

Vietnam Import Data: What Drives Demand

Vietnam imports a wide array of raw materials and components necessary for its export manufacturing and domestic consumption. Based on Vietnam import data from Data Vault Insights, key imports include:

Electronic Components and Semiconductors: These are vital for the assembly of devices destined for export.

Petroleum and Fuels: Despite some domestic production, Vietnam heavily relies on imported energy.

Textile Raw Materials: Yarn, cotton, and fabrics are largely imported to support its garment industry.

Chemicals and Pharmaceuticals: As the healthcare and industrial sectors grow, so does demand for specialized imports.

Automotive Parts and Vehicles: Both luxury and commercial vehicle imports are on the rise, alongside parts for local assembly.

These import patterns show how Vietnam strategically sources inputs for high-margin exports. Data Vault Insights enables users to explore supplier countries, import trends, and HS code-level granularity to make smarter sourcing and investment decisions.

Trade Policy and Economic Implications

Vietnam’s participation in over a dozen FTAs and its commitment to WTO principles make it a reliable trade partner. Customs modernization, digitization, and port infrastructure upgrades have improved trade efficiency.

However, risks such as global inflation, geopolitical tensions, and supply chain disruptions require careful monitoring. By using Data Vault Insights, businesses can adapt quickly to shifts in demand, tariffs, and regulatory landscapes.

Conclusion: Why Trade Data Matters

Vietnam’s thriving trade ecosystem offers significant opportunities—but only for those equipped with the right insights. Export growth in electronics and garments, and import demand for critical inputs, paint a picture of a resilient and globally integrated economy.

Data Vault Insights is your partner in navigating this landscape. Whether you're analyzing Vietnam export data, tracking imports by product or country, or developing a market entry strategy, our tools provide clarity, accuracy, and strategic value.

Visit Data Vault Insights to access real-time trade data and make informed decisions in Vietnam’s evolving trade market.

[tradeimex453]

USA Import Data with Buyers Details: How Trade Flows and Business Intelligence Shape the Market

In the vast ocean of international trade, the United States stands as one of the biggest hubs of imports in the world. As the total value of U.S. imports reached $3.35 trillion in 2024, the scale, complexity, and transparency of U.S. trade flows make it a goldmine for businesses, analysts, and policymakers, as per the US import data.

But import values are just the surface. Beneath lies a deep, structured database of importer details, product-level shipments, and supply chain intelligence. If used strategically, this data can offer a competitive edge to anyone from freight forwarders to global brands and startup manufacturers. Let’s break down the 2024 import landscape—and why the US import data with importer details is more powerful than ever.

US Import Data Overview: The Big Picture (2024)

Total U.S. Imports (2024): $3.36 trillion

Top import categories:

Capital goods (e.g., machinery, semiconductors, telecommunications equipment)

Consumer goods (e.g., phones, apparel, toys, furniture)

Industrial supplies (e.g., crude oil, chemicals, metals)

Top 5 Import Partner Countries:

Mexico

Canada

China

Germany

Japan

Key US Import Trends in 2024

A significant shift toward nearshoring and friend-shoring, particularly with Mexico and Canada, is replacing some reliance on China.

Strong growth in electric vehicle (EV) and battery imports aligns with energy transition goals.

Heightened demand for pharmaceuticals, medical supplies, and AI-related semiconductors.

What Is U.S. Importer Data?

The import data, which provides the import trade information about the US importers & buyers, is called the US importers data. U.S. law mandates that maritime import shipment data be made publicly available. This means each shipment arriving in U.S. ports by ocean freight is logged and recorded, with details including:

Name and address of the importing company

Name and country of the exporting company

Description of goods

Quantity and container details

Port of entry and date

Country of origin

HS code (product classification)

Bill of lading number

Note: Air, rail, and truck imports do not fall under this public disclosure, making ocean freight the key source of visible import activity.

Why Importer Data Matters

This isn’t just data for customs brokers. It’s a strategic tool used by:

Competitor intelligence teams

B2B sales teams targeting importers

Supply chain professionals seeking new sourcing partners

Market researchers identify trends by product or region

Governments and NGOs are monitoring trade flows and compliance

Example Use Cases:

A textile manufacturer in India identifies 50 U.S.-based apparel importers and pitches better prices.

An exporter in Miami gets data on high-volume electronics importers to offer warehousing solutions.

A compliance officer reviews shipments of restricted materials for proper labeling. 

Example: What a Real US Shipment Record Shows

Let’s say a U.S.-based company imports wooden furniture from Vietnam. A typical record might show:

Importer Name: Urban Spaces LLC, New Jersey

Exporter: Minh An Wood Co., Ltd., Vietnam

Product: “Assembled wood dining tables and chairs”

HS Code: 940360

Quantity: 500 sets

Port of Entry: Los Angeles

Arrival Date: June 12, 2024

Bill of Lading #: ABCD123456

This level of transparency gives precise, actionable insight into sourcing behavior and trade routes.

US Import Volume by Sector (2024 Highlights)

Electronics: U.S. imports of semiconductors and smart devices rose by 18% in 2024, as per the USA electronics import data.

Automotive: Imports of EV components grew by 26%, driven by the EV transition.

Furniture & Home Goods: Vietnam and Mexico dominated this space with rising U.S. home renovation demand.

Pharmaceuticals: India remained the leading exporter of generic medicines to the U.S., as per the data on US pharmaceutical imports from India. 

How Businesses Leverage Importer Data

✅ Lead Generation

Sales teams build prospect lists based on real shipment volume, ensuring leads have real trade activity.

✅ Trend Forecasting

Consultants and analysts monitor real-time import shifts, e.g., decline in China reliance or rise in Southeast Asian imports.

✅ Supplier Verification

Retailers and private-label brands use importer data to vet partners or discover shared suppliers with competitors.

✅ Risk Management

Insurers search for US trade data by product category, geography, or volume concentration.

How to Get Started

Sign up with a trade data platform like TradeImeX or USImportdata.

Search Live Data by product, HS code, or country of origin to find target importers.

Export data to Excel and filter by port, shipment size, or consistency.

Cross-reference with LinkedIn or company websites for context.

Build outreach or partnership strategies around verified data.

Conclusion and Final Thoughts

In conclusion, US import data with importer details is a valuable resource for businesses looking to unlock market insights and drive success. The US importer data isn’t just a customs form—it’s a window into the global economy. For businesses of all sizes, it offers competitive intelligence, partner discovery, trend forecasting, and operational clarity. In 2024, as trade flows reshape in real time, those who tap into this data will not just follow markets—they’ll lead them.

Need help using import data for your business strategy, trade goals, or market entry plan? Contact info@tradeimex.in for a detailed and customized database report on US export-import data and get a list of top US importers. 

[exportimportdataproviderindia]

Where to Find Trusted Export Import Buyers and Suppliers in 2025?

If you've ever attempted to get in on the action of global trade, you've likely experienced the thrill of an international opportunity, soon replaced by the annoyance of not having a clue where to begin. You research, you send emails, you wait. Perhaps someone responds. Perhaps it's a scam. Or worst of all, “Nothing”.

In 2025, identifying genuine export import buyers and sellers is not all about having a product or service. It's about having access to the correct trade intelligence and leveraging it. 

That's precisely where EXIMAPS comes in. It's not yet another tool. It's a game-changer for traders who need actual buyers, actual sellers, and actual trade potential all fueled by real-time export import data.

Why Do Most Traders Waste Time on Bad Leads?

Assume you are sending 50 emails to prospects and receiving only one response. Now picture if you could reverse that ratio with assurance that every lead is already trading in your product category.

EXIMAPS was designed to fix that very issue. Unlike generic contact directories or unverified listings, EXIMAPS provides you with live, verified trade data so each buyer or supplier you notice is actively transacting global business. Not last year. Not guesswork. Now.

What is EXIMAPS?

EXIMAPS is an insightful trade data platform that enables you to find trusted export import buyers and suppliers through real-time shipment data, customs records, and market trends. Regardless of whether you are an Indian exporter, a UAE trader, or an African sourcing agent, EXIMAPS provides the information of:

Who is purchasing your product?

Where are they purchasing from?

How much do they import/export?

Who are their existing suppliers? 

100% human-verified contact information

Competitors trade activity 

Country wise analysis and many more 

It's like looking at the actual trade flows of your industry spread out in detail before you.

1. Find Trusted Buyers Through Verified Import Data

Suppose you produce ceramic tiles and desire to enter the European market. With EXIMAPS, you can search by product name or HS code and immediately access:

Live importers in Germany, Italy, Spain, etc.

Their shipping frequency and volume

Names of suppliers and source nations

Past trade history and get verified contact information

This degree of exposure makes your pitch from cold to personalised. Now you know what, where and when they purchase, and on what scale. You're no longer selling. You're fulfilling a known requirement.

2. Identify Reputable Global Suppliers with Export Data

Want to import? Perhaps you're buying electrical components or clothing. With EXIMAPS, you don't have to depend on random B2B websites. Rather, you get to:

Screen suppliers by volume exported

Verify if they regularly ship to your nation

Find out their leading customers

Examine shipment quality and regularity

This data-driven supplier discovery will save you from fraud, negotiate more effectively, and establish long-term partnerships.

3. One Platform! 181+ Countries! Real Intelligence!

What sets EXIMAPS apart isn't the data, but how it's visualized. The platform has a broad coverage of countries and allows you to compare:

Leading exporting nations for your commodity

Rising markets with growing demand

Competitor analysis by shipping history

New entrants to your market as suppliers or buyers

This makes EXIMAPS a strategic tool not only for lead searching, but for knowing where your trade opportunities really are.

4. Outreach That Works

EXIMAPS doesn't give you just a name—it provides context. Suppose you identify a buyer of stainless steel from Vietnam. You notice that they've placed monthly shipments for the last 6 months. You can approach them with an outreach message. This isn't a guess. It's data-driven outreach and it works.

5. For New Traders: EXIMAPS Levels the Playing Field

When you are new to exports and imports the global market can be daunting. Where do you begin? Who can you trust? What's the ideal product-market fit? EXIMAPS makes it all easy:

Discover niche products with increasing demand

Find countries with less competition

Reach small or mid-size buyers who want to diversify sources

Monitor seasonal buying trends for improved timing

You don't require years of experience, you require the proper import-export information.

7. Easy Interface, Clever Filters

Whether you’re a data nerd or a sales pro, EXIMAPS keeps things actionable and easy. Unlike some cumbersome platforms, EXIMAPS is designed to be easy to use:

Search by product name or HS code

Filter by country, shipment size, or company name

Visualize trade trends and market gaps

Download contact lists with trade history

Wrap-Up

Don't Just Trade. Trade Smart with EXIMAPS. It all comes down to one thing in 2025: having the right information at your fingertips. With EXIMAPS, you're not guessing. You're aiming at the right markets, hitting actual buyers, and establishing viable supply chains supported by actual, verified, and live trade data.

Whether you're importing goods, exporting in volume, or simply starting out, EXIMAPS provides you with the clarity and confidence you require to succeed in international trade. Book your live demo and take a free trial to explore the platform. 

FAQs

1. What is EXIMAPS?

EXIMAPS is a platform for real time accurate trade data that offers updated export import data to assist traders in locating active and verified suppliers and buyers from all over the world.

2. In what ways is EXIMAPS distinct from other directories?

It's not a directory. EXIMAPS utilizes genuine customs and shipping data to demonstrate real trade activity making your outreach more intelligent and secure.

3. Is EXIMAPS appropriate for small businesses?

Yes, definitely. EXIMAPS enables even small traders to make better decisions, identify niche buyers, and compete on the global stage.

4. How do I begin using EXIMAPS?

Simply go to The Dollar Business website and sign up for a free trial or ask for a demo. Try out the dashboard to understand how it can benefit your business.

[cleverhottubmiracle]

The recent imposition of a 125 per cent tariff increase on Chinese textile and apparel products by the United States marks a significant turning point in global trade dynamics. In textile and apparel products, the tariff is likely to disrupt China’s price advantage, with potential gains for Vietnam, Bangladesh, and other nations with established trade ties with the US.President Donald Trump’s recent decision to impose, effective April 10, a sweeping 125 per cent tariff on Chinese textile and apparel imports—compared to a mere 10 per cent duty on comparable goods from all other countries—has severely undermined China’s price competitiveness in the US market. This enormous tariff disparity makes Chinese products vastly more expensive than those of other suppliers, effectively pricing many Chinese goods out of contention. US importers are expected to respond by shifting orders to alternative sourcing markets to avoid the exorbitant costs, especially favouring suppliers in low-cost manufacturing countries with well-established trade ties to the United States.The imposition of a 125 per cent US tariff on Chinese apparel significantly undermines China's pricing advantage, causing importers to seek alternative sources. Countries like Vietnam, Bangladesh, and Indonesia stand to gain notably across multiple apparel categories. This trade shift presents substantial opportunities for nations with robust apparel manufacturing sectors and established trade with US. Figure 1 Source: TexProIn 2024, the United States imported apparel worth $72.99 billion from its top 15 exporting partners, accounting for approximately 87.2 per cent of its total apparel imports. China remained the leading exporter with $18.39 billion, representing 22 per cent of the market share, followed closely by Vietnam at $15.33 billion (18 per cent) and Bangladesh at $7.40 billion (9 per cent). India ranked fourth with $4.93 billion (6 per cent), showcasing its growing influence in the global apparel trade. Other significant contributors included Indonesia, Cambodia, and several Central American nations, reflecting the diversified sourcing strategy of the US apparel industry.Impact on apparel productsFibre2Fashion examines the potential impact on key apparel categories—such as jerseys, trousers, hosiery, and undergarments—among China’s top exports to the US. The imposition of steep tariffs on these products is likely to significantly drive up the cost of Chinese goods in the US market, undermining one of China’s main competitive advantages: low pricing. As China grapples with this substantial setback, countries with lower tariff exposure (around 10 per cent), robust manufacturing capabilities, and well-established trade relationships with the US are well positioned to gain from the resulting shift in sourcing strategies. Table 1: US’ top 15 apparel imports (6-digit HS code) from China, total export values, competitors, initial and new tariff rates and tariff comparison in % Source: TexProThe recent imposition of substantial tariffs by the United States on Chinese textile and apparel imports has significantly altered global trade dynamics, particularly affecting China’s competitiveness in the US market. This shift presents opportunities for other manufacturing countries to capture increased market share across various product categories. Below is an analysis of the impact on specific apparel segments:1. Hosiery (HS 611596) 2024 US Import Data: Total imports were valued at $1,532.77 million, with China contributing $1,095.28 million. Tariff Impact: An 849 per cent tariff increase on Chinese hosiery has made these products considerably more expensive. Beneficiary Countries: Vietnam, Pakistan, and El Salvador are poised to benefit. Vietnam, with its robust hosiery manufacturing infrastructure and competitive pricing, is particularly well positioned to capture a larger market share.2. Cotton Pullovers and Cardigans (HS 611020) 2024 US Import Data: Total imports stood at $7,411.20 million, with China accounting for $1,043.15 million. Tariff Impact: A 1,263 per cent tariff increase on Chinese imports creates opportunities for other suppliers. Beneficiary Countries: Vietnam, Cambodia, and Bangladesh are likely to gain. Vietnam’s established cotton garment industry positions it to capture a significant share, while Cambodia and Bangladesh offer cost advantages that appeal to US buyers.3. Man-Made Fibre Pullovers (HS 611030) 2024 US Import Data: Imports totalled $4,837.28 million, with China contributing $995.51 million. Tariff Impact: A 916 per cent tariff increase on Chinese products affects sourcing decisions. Beneficiary Countries: Vietnam, Honduras, and Indonesia stand to benefit. Vietnam’s strong synthetic garment manufacturing base makes it a primary alternative, while Honduras and El Salvador can also attract buyers seeking competitive pricing.4. Women’s Cotton Trousers and Shorts (HS 620462) 2024 US Import Data: Total imports were $4,011.92 million, with China supplying $674.59 million. Tariff Impact: A 1,606 per cent tariff increase on Chinese goods shifts demand. Beneficiary Countries: Bangladesh, Vietnam, and Pakistan are well positioned. Bangladesh’s low-cost manufacturing is particularly attractive, while Vietnam’s advanced production capabilities also make it a strong contender.5. Brassieres (HS 621210) 2024 US Import Data: Imports amounted to $2,119.78 million, with China providing $579.47 million. Tariff Impact: A 1,311 per cent tariff hike on Chinese brassieres alters market dynamics. Beneficiary Countries: Vietnam, Indonesia, and Sri Lanka are set to gain. Vietnam, already a leader in undergarments, is expected to see the most significant increase in demand, with Indonesia and Sri Lanka also capturing portions of the market.6. Synthetic Fibre Dresses (HS 620443) 2024 US Import Data: Total imports were $1,131.78 million, with China accounting for $511.95 million. Tariff Impact: A 1,115 per cent tariff increase on Chinese dresses impacts sourcing. Beneficiary Countries: Vietnam, India, and Indonesia are likely to benefit. Vietnam’s strong position in synthetic apparel makes it the prime beneficiary, while India and Indonesia offer competitive pricing that appeals to US importers.7. Gloves and Mittens (HS 611610) 2024 US Import Data: Imports totalled $852.01 million, with China supplying $502.45 million. Tariff Impact: A 1,261 per cent tariff hike on Chinese gloves and mittens affects cost structures. Beneficiary Countries: Sri Lanka, Vietnam, and Pakistan stand to gain. Sri Lanka’s specialised focus on glove manufacturing positions it to see the greatest increase in demand, while Vietnam and Pakistan offer efficient manufacturing processes that attract buyers.8. Women’s Overcoats (HS 620240) 2024 US Import Data: Total imports were $1,346.76 million, with China contributing $456.27 million. Tariff Impact: A 991 per cent tariff increase on Chinese overcoats shifts sourcing preferences. Beneficiary Countries: Vietnam, Bangladesh, and Indonesia are well positioned. Vietnam’s strong garment export sector is expected to dominate, while Bangladesh and Indonesia can capture market share due to their competitive prices.9. Nightdresses and Pyjamas (HS 610832) 2024 US Import Data: Imports amounted to $894.75 million, with China providing $446.52 million. Tariff Impact: An 881 per cent tariff hike on Chinese products influences market dynamics. Beneficiary Countries: Vietnam, Cambodia, and Sri Lanka are poised to benefit. Vietnam’s dominant position in sleepwear makes it the primary beneficiary, with Cambodia and Sri Lanka also positioned to capture additional demand.10. Men’s Overcoats (HS 620140) 2024 US Import Data: Total imports were valued at $1,466.97 million, with China supplying $440.03 million. Tariff Impact: A 991 per cent tariff increase on Chinese men's overcoats affects sourcing strategies. Beneficiary Countries: Vietnam, Bangladesh, and Indonesia stand to gain. Vietnam is poised to capture a significant share due to its established export network, while Bangladesh and Indonesia offer competitive alternatives.11. Sporting Apparel (HS 611430) 2024 US Import Data: The United States imported sporting apparel valued at approximately $1.02 billion, with China supplying about $404 million. Tariff Impact: The US has imposed a 599 per cent tariff increase on Chinese sporting apparel, significantly raising the cost of these imports. Potential Beneficiaries: Vietnam, Indonesia, and Cambodia are positioned to benefit from this development. Vietnam, with its efficient manufacturing capabilities and robust apparel sector, stands to gain the most. Indonesia and Cambodia may also capture market share in specific niches within the sporting apparel segment.12. Men’s Synthetic Trousers (HS 620343) 2024 US Import Data: The US imported men's synthetic trousers worth approximately $2.3 billion in 2024, with China accounting for around $377 million. Tariff Impact: A 1,190 per cent tariff increase on Chinese imports in this category has been implemented. Potential Beneficiaries: Bangladesh, Vietnam, and Indonesia are likely to benefit. Bangladesh, with its large-scale production capacity, is well positioned to capture a significant portion of the market. Vietnam and Indonesia also stand to gain due to their established manufacturing infrastructures and competitive pricing.13. Luxury Cashmere Garments (HS 611012) 2024 US Import Data: Luxury cashmere garment imports to the US were valued at approximately $512 million, with China supplying about $354 million. Tariff Impact: The US has imposed a 1,350 per cent tariff hike on Chinese luxury cashmere products. Potential Beneficiaries: Italy, Vietnam, and other European manufacturers are set to benefit. Italy, renowned for its luxury textiles and craftsmanship, is likely to see the most significant gain. Vietnam may also benefit from increased demand for mid-range cashmere products, leveraging its growing expertise in garment manufacturing.14. Felt and Nonwoven Garments (HS 621010) 2024 US Import Data: The US imported felt and nonwoven garments valued at approximately $913 million in 2024, with China contributing around $336 million. Tariff Impact: A 1,933 per cent tariff increase on Chinese imports in this category has been enacted. Potential Beneficiaries: Mexico, Honduras, and Vietnam are well positioned to absorb the shift in sourcing. Mexico, with its proximity to the US and favourable trade agreements, stands to gain significantly. Vietnam and Honduras can also benefit due to their established garment industries and competitive production costs.15. Cotton T-Shirts and Vests (HS 610910) 2024 US Import Data: In 2024, US imports of cotton T-shirts and vests totalled approximately $4.94 billion, with China supplying about $311 million. Tariff Impact: An 858 per cent tariff increase on Chinese products in this category has been imposed. Potential Beneficiaries: Vietnam, Bangladesh, and Honduras are poised to benefit. Vietnam, with its efficient supply chains and competitive pricing, is the key beneficiary. Bangladesh and Honduras are also expected to capture additional market share due to their cost-effective manufacturing capabilities and established export relationships with the US.These tariff adjustments are prompting US importers to diversify their sourcing strategies, leading to a realignment of global supply chains in the textile and apparel industry. Countries with competitive manufacturing sectors and favourable trade relations with the US are well positioned to capitalise on these changes.      Fibre2Fashion News Desk (NS) Source link

[norajworld]

The recent imposition of a 125 per cent tariff increase on Chinese textile and apparel products by the United States marks a significant turning point in global trade dynamics. In textile and apparel products, the tariff is likely to disrupt China’s price advantage, with potential gains for Vietnam, Bangladesh, and other nations with established trade ties with the US.President Donald Trump’s recent decision to impose, effective April 10, a sweeping 125 per cent tariff on Chinese textile and apparel imports—compared to a mere 10 per cent duty on comparable goods from all other countries—has severely undermined China’s price competitiveness in the US market. This enormous tariff disparity makes Chinese products vastly more expensive than those of other suppliers, effectively pricing many Chinese goods out of contention. US importers are expected to respond by shifting orders to alternative sourcing markets to avoid the exorbitant costs, especially favouring suppliers in low-cost manufacturing countries with well-established trade ties to the United States.The imposition of a 125 per cent US tariff on Chinese apparel significantly undermines China's pricing advantage, causing importers to seek alternative sources. Countries like Vietnam, Bangladesh, and Indonesia stand to gain notably across multiple apparel categories. This trade shift presents substantial opportunities for nations with robust apparel manufacturing sectors and established trade with US. Figure 1 Source: TexProIn 2024, the United States imported apparel worth $72.99 billion from its top 15 exporting partners, accounting for approximately 87.2 per cent of its total apparel imports. China remained the leading exporter with $18.39 billion, representing 22 per cent of the market share, followed closely by Vietnam at $15.33 billion (18 per cent) and Bangladesh at $7.40 billion (9 per cent). India ranked fourth with $4.93 billion (6 per cent), showcasing its growing influence in the global apparel trade. Other significant contributors included Indonesia, Cambodia, and several Central American nations, reflecting the diversified sourcing strategy of the US apparel industry.Impact on apparel productsFibre2Fashion examines the potential impact on key apparel categories—such as jerseys, trousers, hosiery, and undergarments—among China’s top exports to the US. The imposition of steep tariffs on these products is likely to significantly drive up the cost of Chinese goods in the US market, undermining one of China’s main competitive advantages: low pricing. As China grapples with this substantial setback, countries with lower tariff exposure (around 10 per cent), robust manufacturing capabilities, and well-established trade relationships with the US are well positioned to gain from the resulting shift in sourcing strategies. Table 1: US’ top 15 apparel imports (6-digit HS code) from China, total export values, competitors, initial and new tariff rates and tariff comparison in % Source: TexProThe recent imposition of substantial tariffs by the United States on Chinese textile and apparel imports has significantly altered global trade dynamics, particularly affecting China’s competitiveness in the US market. This shift presents opportunities for other manufacturing countries to capture increased market share across various product categories. Below is an analysis of the impact on specific apparel segments:1. Hosiery (HS 611596) 2024 US Import Data: Total imports were valued at $1,532.77 million, with China contributing $1,095.28 million. Tariff Impact: An 849 per cent tariff increase on Chinese hosiery has made these products considerably more expensive. Beneficiary Countries: Vietnam, Pakistan, and El Salvador are poised to benefit. Vietnam, with its robust hosiery manufacturing infrastructure and competitive pricing, is particularly well positioned to capture a larger market share.2. Cotton Pullovers and Cardigans (HS 611020) 2024 US Import Data: Total imports stood at $7,411.20 million, with China accounting for $1,043.15 million. Tariff Impact: A 1,263 per cent tariff increase on Chinese imports creates opportunities for other suppliers. Beneficiary Countries: Vietnam, Cambodia, and Bangladesh are likely to gain. Vietnam’s established cotton garment industry positions it to capture a significant share, while Cambodia and Bangladesh offer cost advantages that appeal to US buyers.3. Man-Made Fibre Pullovers (HS 611030) 2024 US Import Data: Imports totalled $4,837.28 million, with China contributing $995.51 million. Tariff Impact: A 916 per cent tariff increase on Chinese products affects sourcing decisions. Beneficiary Countries: Vietnam, Honduras, and Indonesia stand to benefit. Vietnam’s strong synthetic garment manufacturing base makes it a primary alternative, while Honduras and El Salvador can also attract buyers seeking competitive pricing.4. Women’s Cotton Trousers and Shorts (HS 620462) 2024 US Import Data: Total imports were $4,011.92 million, with China supplying $674.59 million. Tariff Impact: A 1,606 per cent tariff increase on Chinese goods shifts demand. Beneficiary Countries: Bangladesh, Vietnam, and Pakistan are well positioned. Bangladesh’s low-cost manufacturing is particularly attractive, while Vietnam’s advanced production capabilities also make it a strong contender.5. Brassieres (HS 621210) 2024 US Import Data: Imports amounted to $2,119.78 million, with China providing $579.47 million. Tariff Impact: A 1,311 per cent tariff hike on Chinese brassieres alters market dynamics. Beneficiary Countries: Vietnam, Indonesia, and Sri Lanka are set to gain. Vietnam, already a leader in undergarments, is expected to see the most significant increase in demand, with Indonesia and Sri Lanka also capturing portions of the market.6. Synthetic Fibre Dresses (HS 620443) 2024 US Import Data: Total imports were $1,131.78 million, with China accounting for $511.95 million. Tariff Impact: A 1,115 per cent tariff increase on Chinese dresses impacts sourcing. Beneficiary Countries: Vietnam, India, and Indonesia are likely to benefit. Vietnam’s strong position in synthetic apparel makes it the prime beneficiary, while India and Indonesia offer competitive pricing that appeals to US importers.7. Gloves and Mittens (HS 611610) 2024 US Import Data: Imports totalled $852.01 million, with China supplying $502.45 million. Tariff Impact: A 1,261 per cent tariff hike on Chinese gloves and mittens affects cost structures. Beneficiary Countries: Sri Lanka, Vietnam, and Pakistan stand to gain. Sri Lanka’s specialised focus on glove manufacturing positions it to see the greatest increase in demand, while Vietnam and Pakistan offer efficient manufacturing processes that attract buyers.8. Women’s Overcoats (HS 620240) 2024 US Import Data: Total imports were $1,346.76 million, with China contributing $456.27 million. Tariff Impact: A 991 per cent tariff increase on Chinese overcoats shifts sourcing preferences. Beneficiary Countries: Vietnam, Bangladesh, and Indonesia are well positioned. Vietnam’s strong garment export sector is expected to dominate, while Bangladesh and Indonesia can capture market share due to their competitive prices.9. Nightdresses and Pyjamas (HS 610832) 2024 US Import Data: Imports amounted to $894.75 million, with China providing $446.52 million. Tariff Impact: An 881 per cent tariff hike on Chinese products influences market dynamics. Beneficiary Countries: Vietnam, Cambodia, and Sri Lanka are poised to benefit. Vietnam’s dominant position in sleepwear makes it the primary beneficiary, with Cambodia and Sri Lanka also positioned to capture additional demand.10. Men’s Overcoats (HS 620140) 2024 US Import Data: Total imports were valued at $1,466.97 million, with China supplying $440.03 million. Tariff Impact: A 991 per cent tariff increase on Chinese men's overcoats affects sourcing strategies. Beneficiary Countries: Vietnam, Bangladesh, and Indonesia stand to gain. Vietnam is poised to capture a significant share due to its established export network, while Bangladesh and Indonesia offer competitive alternatives.11. Sporting Apparel (HS 611430) 2024 US Import Data: The United States imported sporting apparel valued at approximately $1.02 billion, with China supplying about $404 million. Tariff Impact: The US has imposed a 599 per cent tariff increase on Chinese sporting apparel, significantly raising the cost of these imports. Potential Beneficiaries: Vietnam, Indonesia, and Cambodia are positioned to benefit from this development. Vietnam, with its efficient manufacturing capabilities and robust apparel sector, stands to gain the most. Indonesia and Cambodia may also capture market share in specific niches within the sporting apparel segment.12. Men’s Synthetic Trousers (HS 620343) 2024 US Import Data: The US imported men's synthetic trousers worth approximately $2.3 billion in 2024, with China accounting for around $377 million. Tariff Impact: A 1,190 per cent tariff increase on Chinese imports in this category has been implemented. Potential Beneficiaries: Bangladesh, Vietnam, and Indonesia are likely to benefit. Bangladesh, with its large-scale production capacity, is well positioned to capture a significant portion of the market. Vietnam and Indonesia also stand to gain due to their established manufacturing infrastructures and competitive pricing.13. Luxury Cashmere Garments (HS 611012) 2024 US Import Data: Luxury cashmere garment imports to the US were valued at approximately $512 million, with China supplying about $354 million. Tariff Impact: The US has imposed a 1,350 per cent tariff hike on Chinese luxury cashmere products. Potential Beneficiaries: Italy, Vietnam, and other European manufacturers are set to benefit. Italy, renowned for its luxury textiles and craftsmanship, is likely to see the most significant gain. Vietnam may also benefit from increased demand for mid-range cashmere products, leveraging its growing expertise in garment manufacturing.14. Felt and Nonwoven Garments (HS 621010) 2024 US Import Data: The US imported felt and nonwoven garments valued at approximately $913 million in 2024, with China contributing around $336 million. Tariff Impact: A 1,933 per cent tariff increase on Chinese imports in this category has been enacted. Potential Beneficiaries: Mexico, Honduras, and Vietnam are well positioned to absorb the shift in sourcing. Mexico, with its proximity to the US and favourable trade agreements, stands to gain significantly. Vietnam and Honduras can also benefit due to their established garment industries and competitive production costs.15. Cotton T-Shirts and Vests (HS 610910) 2024 US Import Data: In 2024, US imports of cotton T-shirts and vests totalled approximately $4.94 billion, with China supplying about $311 million. Tariff Impact: An 858 per cent tariff increase on Chinese products in this category has been imposed. Potential Beneficiaries: Vietnam, Bangladesh, and Honduras are poised to benefit. Vietnam, with its efficient supply chains and competitive pricing, is the key beneficiary. Bangladesh and Honduras are also expected to capture additional market share due to their cost-effective manufacturing capabilities and established export relationships with the US.These tariff adjustments are prompting US importers to diversify their sourcing strategies, leading to a realignment of global supply chains in the textile and apparel industry. Countries with competitive manufacturing sectors and favourable trade relations with the US are well positioned to capitalise on these changes.      Fibre2Fashion News Desk (NS) Source link

[chilimili212]

The recent imposition of a 125 per cent tariff increase on Chinese textile and apparel products by the United States marks a significant turning point in global trade dynamics. In textile and apparel products, the tariff is likely to disrupt China’s price advantage, with potential gains for Vietnam, Bangladesh, and other nations with established trade ties with the US.President Donald Trump’s recent decision to impose, effective April 10, a sweeping 125 per cent tariff on Chinese textile and apparel imports—compared to a mere 10 per cent duty on comparable goods from all other countries—has severely undermined China’s price competitiveness in the US market. This enormous tariff disparity makes Chinese products vastly more expensive than those of other suppliers, effectively pricing many Chinese goods out of contention. US importers are expected to respond by shifting orders to alternative sourcing markets to avoid the exorbitant costs, especially favouring suppliers in low-cost manufacturing countries with well-established trade ties to the United States.The imposition of a 125 per cent US tariff on Chinese apparel significantly undermines China's pricing advantage, causing importers to seek alternative sources. Countries like Vietnam, Bangladesh, and Indonesia stand to gain notably across multiple apparel categories. This trade shift presents substantial opportunities for nations with robust apparel manufacturing sectors and established trade with US. Figure 1 Source: TexProIn 2024, the United States imported apparel worth $72.99 billion from its top 15 exporting partners, accounting for approximately 87.2 per cent of its total apparel imports. China remained the leading exporter with $18.39 billion, representing 22 per cent of the market share, followed closely by Vietnam at $15.33 billion (18 per cent) and Bangladesh at $7.40 billion (9 per cent). India ranked fourth with $4.93 billion (6 per cent), showcasing its growing influence in the global apparel trade. Other significant contributors included Indonesia, Cambodia, and several Central American nations, reflecting the diversified sourcing strategy of the US apparel industry.Impact on apparel productsFibre2Fashion examines the potential impact on key apparel categories—such as jerseys, trousers, hosiery, and undergarments—among China’s top exports to the US. The imposition of steep tariffs on these products is likely to significantly drive up the cost of Chinese goods in the US market, undermining one of China’s main competitive advantages: low pricing. As China grapples with this substantial setback, countries with lower tariff exposure (around 10 per cent), robust manufacturing capabilities, and well-established trade relationships with the US are well positioned to gain from the resulting shift in sourcing strategies. Table 1: US’ top 15 apparel imports (6-digit HS code) from China, total export values, competitors, initial and new tariff rates and tariff comparison in % Source: TexProThe recent imposition of substantial tariffs by the United States on Chinese textile and apparel imports has significantly altered global trade dynamics, particularly affecting China’s competitiveness in the US market. This shift presents opportunities for other manufacturing countries to capture increased market share across various product categories. Below is an analysis of the impact on specific apparel segments:1. Hosiery (HS 611596) 2024 US Import Data: Total imports were valued at $1,532.77 million, with China contributing $1,095.28 million. Tariff Impact: An 849 per cent tariff increase on Chinese hosiery has made these products considerably more expensive. Beneficiary Countries: Vietnam, Pakistan, and El Salvador are poised to benefit. Vietnam, with its robust hosiery manufacturing infrastructure and competitive pricing, is particularly well positioned to capture a larger market share.2. Cotton Pullovers and Cardigans (HS 611020) 2024 US Import Data: Total imports stood at $7,411.20 million, with China accounting for $1,043.15 million. Tariff Impact: A 1,263 per cent tariff increase on Chinese imports creates opportunities for other suppliers. Beneficiary Countries: Vietnam, Cambodia, and Bangladesh are likely to gain. Vietnam’s established cotton garment industry positions it to capture a significant share, while Cambodia and Bangladesh offer cost advantages that appeal to US buyers.3. Man-Made Fibre Pullovers (HS 611030) 2024 US Import Data: Imports totalled $4,837.28 million, with China contributing $995.51 million. Tariff Impact: A 916 per cent tariff increase on Chinese products affects sourcing decisions. Beneficiary Countries: Vietnam, Honduras, and Indonesia stand to benefit. Vietnam’s strong synthetic garment manufacturing base makes it a primary alternative, while Honduras and El Salvador can also attract buyers seeking competitive pricing.4. Women’s Cotton Trousers and Shorts (HS 620462) 2024 US Import Data: Total imports were $4,011.92 million, with China supplying $674.59 million. Tariff Impact: A 1,606 per cent tariff increase on Chinese goods shifts demand. Beneficiary Countries: Bangladesh, Vietnam, and Pakistan are well positioned. Bangladesh’s low-cost manufacturing is particularly attractive, while Vietnam’s advanced production capabilities also make it a strong contender.5. Brassieres (HS 621210) 2024 US Import Data: Imports amounted to $2,119.78 million, with China providing $579.47 million. Tariff Impact: A 1,311 per cent tariff hike on Chinese brassieres alters market dynamics. Beneficiary Countries: Vietnam, Indonesia, and Sri Lanka are set to gain. Vietnam, already a leader in undergarments, is expected to see the most significant increase in demand, with Indonesia and Sri Lanka also capturing portions of the market.6. Synthetic Fibre Dresses (HS 620443) 2024 US Import Data: Total imports were $1,131.78 million, with China accounting for $511.95 million. Tariff Impact: A 1,115 per cent tariff increase on Chinese dresses impacts sourcing. Beneficiary Countries: Vietnam, India, and Indonesia are likely to benefit. Vietnam’s strong position in synthetic apparel makes it the prime beneficiary, while India and Indonesia offer competitive pricing that appeals to US importers.7. Gloves and Mittens (HS 611610) 2024 US Import Data: Imports totalled $852.01 million, with China supplying $502.45 million. Tariff Impact: A 1,261 per cent tariff hike on Chinese gloves and mittens affects cost structures. Beneficiary Countries: Sri Lanka, Vietnam, and Pakistan stand to gain. Sri Lanka’s specialised focus on glove manufacturing positions it to see the greatest increase in demand, while Vietnam and Pakistan offer efficient manufacturing processes that attract buyers.8. Women’s Overcoats (HS 620240) 2024 US Import Data: Total imports were $1,346.76 million, with China contributing $456.27 million. Tariff Impact: A 991 per cent tariff increase on Chinese overcoats shifts sourcing preferences. Beneficiary Countries: Vietnam, Bangladesh, and Indonesia are well positioned. Vietnam’s strong garment export sector is expected to dominate, while Bangladesh and Indonesia can capture market share due to their competitive prices.9. Nightdresses and Pyjamas (HS 610832) 2024 US Import Data: Imports amounted to $894.75 million, with China providing $446.52 million. Tariff Impact: An 881 per cent tariff hike on Chinese products influences market dynamics. Beneficiary Countries: Vietnam, Cambodia, and Sri Lanka are poised to benefit. Vietnam’s dominant position in sleepwear makes it the primary beneficiary, with Cambodia and Sri Lanka also positioned to capture additional demand.10. Men’s Overcoats (HS 620140) 2024 US Import Data: Total imports were valued at $1,466.97 million, with China supplying $440.03 million. Tariff Impact: A 991 per cent tariff increase on Chinese men's overcoats affects sourcing strategies. Beneficiary Countries: Vietnam, Bangladesh, and Indonesia stand to gain. Vietnam is poised to capture a significant share due to its established export network, while Bangladesh and Indonesia offer competitive alternatives.11. Sporting Apparel (HS 611430) 2024 US Import Data: The United States imported sporting apparel valued at approximately $1.02 billion, with China supplying about $404 million. Tariff Impact: The US has imposed a 599 per cent tariff increase on Chinese sporting apparel, significantly raising the cost of these imports. Potential Beneficiaries: Vietnam, Indonesia, and Cambodia are positioned to benefit from this development. Vietnam, with its efficient manufacturing capabilities and robust apparel sector, stands to gain the most. Indonesia and Cambodia may also capture market share in specific niches within the sporting apparel segment.12. Men’s Synthetic Trousers (HS 620343) 2024 US Import Data: The US imported men's synthetic trousers worth approximately $2.3 billion in 2024, with China accounting for around $377 million. Tariff Impact: A 1,190 per cent tariff increase on Chinese imports in this category has been implemented. Potential Beneficiaries: Bangladesh, Vietnam, and Indonesia are likely to benefit. Bangladesh, with its large-scale production capacity, is well positioned to capture a significant portion of the market. Vietnam and Indonesia also stand to gain due to their established manufacturing infrastructures and competitive pricing.13. Luxury Cashmere Garments (HS 611012) 2024 US Import Data: Luxury cashmere garment imports to the US were valued at approximately $512 million, with China supplying about $354 million. Tariff Impact: The US has imposed a 1,350 per cent tariff hike on Chinese luxury cashmere products. Potential Beneficiaries: Italy, Vietnam, and other European manufacturers are set to benefit. Italy, renowned for its luxury textiles and craftsmanship, is likely to see the most significant gain. Vietnam may also benefit from increased demand for mid-range cashmere products, leveraging its growing expertise in garment manufacturing.14. Felt and Nonwoven Garments (HS 621010) 2024 US Import Data: The US imported felt and nonwoven garments valued at approximately $913 million in 2024, with China contributing around $336 million. Tariff Impact: A 1,933 per cent tariff increase on Chinese imports in this category has been enacted. Potential Beneficiaries: Mexico, Honduras, and Vietnam are well positioned to absorb the shift in sourcing. Mexico, with its proximity to the US and favourable trade agreements, stands to gain significantly. Vietnam and Honduras can also benefit due to their established garment industries and competitive production costs.15. Cotton T-Shirts and Vests (HS 610910) 2024 US Import Data: In 2024, US imports of cotton T-shirts and vests totalled approximately $4.94 billion, with China supplying about $311 million. Tariff Impact: An 858 per cent tariff increase on Chinese products in this category has been imposed. Potential Beneficiaries: Vietnam, Bangladesh, and Honduras are poised to benefit. Vietnam, with its efficient supply chains and competitive pricing, is the key beneficiary. Bangladesh and Honduras are also expected to capture additional market share due to their cost-effective manufacturing capabilities and established export relationships with the US.These tariff adjustments are prompting US importers to diversify their sourcing strategies, leading to a realignment of global supply chains in the textile and apparel industry. Countries with competitive manufacturing sectors and favourable trade relations with the US are well positioned to capitalise on these changes.      Fibre2Fashion News Desk (NS) Source link

[eximpedia1]

Fertilizer Export from India: Opportunities and Insights

India, one of the world's largest agricultural economies, plays a significant role in the global fertilizer market. While the primary focus remains on domestic consumption, Indian fertilizer exports have seen steady growth over the years. With advancements in technology, evolving trade policies, and increasing global demand for agricultural inputs, India holds immense potential in the fertilizer export sector. This article provides an in-depth look at India's fertilizer production, key export destinations, leading fertilizer exporters, and the overall profitability of fertilizer exports.

Fertilizer Production in India: An Overview

India produced approximately 21.99 million metric tonnes (MT) of fertilizers in the fiscal year 2023–2024, measured in terms of the essential nutrients nitrogen (N) and phosphate (P2O5). This marks a 6% increase from the previous year. Among specific fertilizers, urea production surged by 10.2%, reaching 31.41 million MT, while NP/NPK complex fertilizer production rose by 2.7% to 9.55 million MT. The Indian fertilizer industry was valued at USD 41.2 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.1%, reaching USD 70.2 billion by 2032.

India's Fertilizer Export Data: 2023-2024

India’s fertilizer exports experienced fluctuations, with total exports falling from USD 130.43 million in 2022-23 to USD 37.58 million in 2023-24, based on fertilizer export data. Between March 2023 and February 2024, India exported 2,334 shipments to 771 buyers, facilitated by 501 fertilizer exporters. Over the past decades, India’s fertilizer exports have varied significantly, reaching an all-time high of USD 130.43 million in 2022 and a record low of USD 2.56 million in 1999.

A major reason for the recent decline in fertilizer exports is China’s decision to restrict its fertilizer exports, leading to global shortages. Consequently, India prioritized domestic supply to ensure sufficient availability of crucial fertilizers such as urea and DAP for its farmers.

Key Fertilizer HS Codes for Export

Harmonized System (HS) codes are crucial in streamlining the fertilizer export process. Some key fertilizer HS codes include:

3101: Fertilizers derived from vegetable or animal sources

3102: Nitrogen-based chemical or mineral fertilizers

3104: Potassium-based chemical or mineral fertilizers

3105: Fertilizers containing a mix of nitrogen, phosphorus, and potassium

These HS codes help exporters classify their products accurately and ensure smooth trade operations.

Top Destinations for India's Fertilizer Exports

India exports fertilizers to over 50 countries, with the top 15 destinations accounting for 80% of total exports. Major importers of Indian fertilizers include:

Nepal – USD 2.64 million

United States – USD 2.60 million

Philippines – USD 1.34 million

Kenya – USD 944k

Bangladesh – USD 928k

China – USD 776k

Sri Lanka – USD 694k

Vietnam – USD 597k

Tanzania – USD 478k

Indonesia – USD 314k

The consistent demand from these countries highlights India's strong position in the global fertilizer market.

Global Fertilizer Export Market: Leading Exporters

The global fertilizer market is highly competitive, with several key players dominating exports. The top fertilizer exporting countries include:

Russia – USD 15.24 billion

China – USD 9.71 billion

Canada – USD 9.55 billion

United States – USD 5.48 billion

Morocco – USD 5.46 billion

Saudi Arabia – USD 4.36 billion

Belgium – USD 2.78 billion

Netherlands – USD 2.59 billion

Oman – USD 2.58 billion

Egypt – USD 2.46 billion

Among these, Russia leads the global fertilizer export market with a value of USD 15.24 billion. The increasing demand for fertilizers worldwide presents a significant opportunity for Indian exporters to expand their market reach.

Leading Fertilizer Exporters in India

Several prominent Indian companies contribute significantly to the country’s fertilizer exports. Some of the top fertilizer exporters in india include:

Agile India Exports

Vani International Trade LLP

Joshi Agrochem

Gujarat State Fertilizers & Chemicals Ltd

Chambal Fertilisers

Coromandel International Limited

Deepak Fertilisers and Petrochemicals Co. Ltd.

Go Green Agri Solutions

Nagarjuna Fertilizers and Chemicals Ltd

Rama Phosphates Limited

These companies play a pivotal role in supplying quality fertilizers to international markets.

Is Fertilizer Export From India Profitable?

Fertilizer export from India can be highly lucrative when managed effectively. Exporters need to balance global demand, trade policies, and economic conditions to maximize profitability. Identifying niche markets and focusing on specific fertilizer categories can further enhance business opportunities. Sustainable practices and innovation in fertilizer production can also provide a competitive edge in the market.

How Can Eximpedia Assist Fertilizer Exporters?

Eximpedia.app serves as a valuable platform for Indian fertilizer exporters seeking global buyers. The platform provides authentic export data, including:

Verified lists of international fertilizer buyers

Competitive pricing insights

Comprehensive details on HS codes

Market trends and analysis

By leveraging Eximpedia’s resources, exporters can make informed decisions and expand their global reach effectively.

Final Thoughts

The fertilizer export business in India holds substantial growth potential. Staying updated on market trends, competitor strategies, and trade policies is crucial for success. Since navigating international markets can be complex, platforms like Eximpedia.app provide essential data and insights to support exporters. Whether you are an existing exporter or planning to enter the fertilizer export market, accessing reliable export data can significantly enhance your business prospects.

For a deeper understanding of India's fertilizer export data, including shipment details, leading exporters, and HS codes, visit Eximpedia.app today and take your fertilizer export business to new heights.

[isabellaexim]

Vietnam ATTAR imports data | Global import export data

Complete Detailed Competitor Analysis through our latest ATTAR Import Data of Vietnam 2021. Find detailed Vietnam Import Data statistics consisting of the name of ATTAR device importer in Vietnam with Date, HS code, Product Details, quantity, Unit, Total Value in USD, Country, port Loading & unloading, buyer and more shipping information details below. Vietnam Trade Data, enables you to access data of over 200+ countries at a single platform. Switch to Vietnam Trade Data and schedule your demo today for best and most precise data for your business. https://vietnamtradedata.com/search/type-import/product-ATTAR

[exim-pedia]

The Thriving Industry of Dry Fruits in India: Key Insights and Top Suppliers for 2024-25

India is globally recognized for its agricultural excellence, and the dry fruits industry is a significant contributor to this reputation. Dry fruits such as cashews, almonds, raisins, and pistachios are staples in Indian households and are increasingly popular as healthy snack options worldwide. This article explores the top dry fruits suppliers in India, key export and import data, and valuable insights into the flourishing wholesale market for dry fruits in India.

An Overview of Dry Fruits Production in India

India’s diverse agricultural landscape and favorable climatic conditions contribute to its robust dry fruit production. Key varieties of dry fruits produced in India include:

Pistachios: Gujarat, Maharashtra Cashews: Karnataka, Kerala, Goa Almonds: Jammu & Kashmir, Himachal Pradesh Raisins: Maharashtra, Karnataka, Andhra Pradesh Figs: Karnataka, Maharashtra Walnuts: Jammu & Kashmir

In 2022-2023, India produced approximately 290,000 metric tons of dried fruits, making it the sixth-largest producer globally. This production supports not only domestic consumption but also the growing export demands.

Dry Fruits Export Data from India

India is a prominent player in the global dry fruits market. According to dry fruits export data, the country exported 125,000 tonnes of dry fruits in 2022, involving 1,788 exporters and 3,146 buyers. Vietnam, the United States, and China are the leading destinations for Indian dry fruits.

Key HS codes for dry fruits exports include:

09042110

08135020

21069099

These categories represent a significant portion of the exported goods. For those looking to delve deeper into trade insights, platforms like Eximpedia.app provide updated information on export data.

Identifying Major Importers of Dry Fruits in India

While India exports a substantial volume of dry fruits, it also imports high-quality varieties to meet domestic demand. The biggest importer of dry fruits in India includes companies like Pisum Foods, Satyara & Co., and Nutraj. These companies source premium-quality dry fruits from global markets, enriching the domestic supply chain.

For businesses and traders seeking reliable dry fruits importers in India, platforms like Eximpedia.app offer accurate and up-to-date data to locate potential partners.

Top Dry Fruits Suppliers in India for 2024-25

Here are the top dry fruits manufacturers in India known for their quality and reliability:

Nani Agro Foods: Renowned for its extensive product line and superior quality of nuts and dry fruits.

Thakkar Bros: A leader in the industry offering a wide range of premium products at competitive prices.

K.R. Trading Corporation: Specializes in supplying dry fruits and nuts in large quantities to wholesalers and retailers.

Adinath Trading Company: Known for its commitment to quality and customer satisfaction.

Maharaja Dry Fruits: Offers a variety of high-quality products with exceptional freshness and flavor.

Geesai Enterprises: Popular for affordable prices and timely delivery.

Shashila Healthy Master Private Limited: Focuses on providing wholesome and organic dry fruits.

Shivam Cashew Industry: Specializes in cashews along with other premium dry fruits.

G.T. Jayanti Agrochem India Private Limited: Noted for its extensive product line and affordability.

Mega Grain: A trusted name in the industry, known for its quality and customer focus.

Wholesale Markets for Dry Fruits in India

India’s bustling wholesale markets offer a variety of dry fruits at competitive prices. Below are some notable hubs:

Delhi: Chandni Chowk and Lajpat Rai Market

Mumbai: Crawford Market and Masjid Bunder

Kolkata: Burrabazar

Chennai: Koyambedu Wholesale Market Complex

Ahmedabad: Panchkuva Market

These markets house leading dry fruits wholesale suppliers in India, ensuring quality and affordability. However, for those seeking convenience, online platforms like Exporters India and Eximpedia.app provide directories of wholesale suppliers and importers.

Organic Dry Fruits Suppliers in India

As consumer preferences shift towards healthier options, the demand for organic dry fruits is on the rise. Organic dry fruits suppliers in India are meeting this demand by offering pesticide-free and sustainably sourced products. Companies like Shashila Healthy Master Private Limited lead this segment, providing nutritious and high-quality options.

Why Exporting Dry Fruits from India is a Lucrative Venture

The global demand for high-quality dry fruits continues to grow, making this an attractive market for Indian exporters. Key reasons include:

High-Quality Produce: Indian dry fruits are renowned for their taste, nutritional value, and freshness.

Rising Demand for Healthy Snacks: As consumers globally prioritize health, dry fruits have become a preferred choice.

Established Supply Chains: With a robust network of suppliers and exporters, India efficiently meets international demands.

To excel in this business, potential exporters can leverage platforms like Eximpedia.app to access reliable trade data and connect with major importers of dry fruits in India and abroad.

Finding Reliable Dry Fruits Importers and Suppliers

Locating trustworthy importers and suppliers is crucial for success in the dry fruits industry. Eximpedia.app offers an extensive database of dry fruits importers in India and wholesalers. This tool simplifies the search process and ensures access to genuine trade data.

Final Thoughts

The dry fruits industry in India presents immense opportunities for traders and entrepreneurs. With a strong domestic market, a growing export presence, and a surge in demand for organic and healthy products, this sector is set to flourish. By partnering with trusted dry fruits suppliers in India and leveraging tools like Eximpedia.app, businesses can expand their reach and succeed in the competitive global market.

Whether you are sourcing from the top dry fruits manufacturers in India or targeting the biggest importer of dry fruits in India, thorough research and reliable partnerships will pave the way for success.

[exportimportdata13]

The Rising Export Market of Jaggery from India: Insights and Opportunities (2023-24)

Jaggery, a traditional unrefined sugar derived from sugarcane or palm sap, has long held a significant place in Indian culture, praised for its nutritional and medicinal benefits. This article explores India's jaggery export landscape for 2023-24, including key statistics, top exporters, market size, and HS codes, shedding light on why this sweetener has become a highly valued export product.

Introduction to Jaggery: An Indian Heritage Product

Jaggery, also known as gur in Hindi, has been a staple in Indian cuisine and Ayurveda for centuries. Unlike refined sugar, jaggery is rich in vitamins and minerals, making it a healthier alternative that has found increasing popularity worldwide. Approximately 55% of the world's jaggery is produced in India, highlighting the country's dominance in this industry. Tamil Nadu and Uttar Pradesh are the largest jaggery-producing states, contributing significantly to India’s agricultural economy. Colombia, the second-largest producer, accounts for only 11% of global production, underscoring India’s unparalleled position.

Jaggery Export Data for 2023-24: Key Figures

In the fiscal year 2023-24, India exported a staggering 516,746.10 metric tons (MT) of jaggery and confectionery products, valued at Rs. 3,570.77 crores (430.88 million USD). These exports reached a wide range of markets, including the United States, Indonesia, Kenya, the UAE, and Nepal. Notably, February 2024 saw a significant spike in exports, with 1,886 shipments representing a 22% year-over-year increase from February 2023 and a 26% growth from the previous month.

Export Performance and Market Growth

According to updated data, India recorded a total of 15,924 jaggery shipments between March 2023 and February 2024. These shipments were executed by 1,241 exporters and received by 2,969 importers worldwide. This marked a 12% increase in shipments compared to the previous year, indicating the growing global demand for Indian jaggery.

Australia, the UAE, and the United States are among the top import markets for Indian jaggery, reflecting the product's widespread appeal. Additionally, India remains the world’s largest jaggery exporter, with 106,108 global shipments, far surpassing competitors like Sri Lanka (3,005 shipments) and Vietnam (621 shipments).

Top Jaggery Exporters in India

Several companies have established themselves as leading exporters of jaggery from India. Here is a list of top exporters making a mark in the global market:

Royaldivine Produce Products LLP

Krishived Organic Farm

Subbamart Impex

Shiva Ruthra Exports

Clora Export Pvt. Ltd.

Mahalaxmi Overseas

Nani Agro Foods

Yuvaraju Agro Impex

Aum Exports

Balaji Jaggery Farm

These companies have set high standards for quality and consistency, making Indian jaggery highly sought after in international markets.

Global Jaggery Export Landscape: Top Exporting Countries

Beyond India, several countries also play a crucial role in the global jaggery export market. Here is a list of the top jaggery-exporting nations:

Thailand: $864.7 million

China: $480.9 million

France: $439.9 million

Netherlands: $214.4 million

United States: $191.9 million

Belgium: $129.0 million

Germany: $105.7 million

Malaysia: $88.9 million

Austria: $73.1 million

Italy: $66.5 million

Thailand leads the way, with an impressive export value of $864.7 million, followed by China and France. However, India’s position as the largest jaggery exporter highlights its superior capacity and strong global demand.

The Growing Indian Jaggery Market

The packaged jaggery market in India was valued at INR 63.5 billion in 2023. This market is projected to grow at a compound annual growth rate (CAGR) of 12.68% from 2023 to 2032, reaching an estimated INR 186.0 billion. Factors contributing to this growth include the rising awareness of jaggery’s health benefits and an increasing preference for natural sweeteners.

Why Exporting Jaggery from India is Profitable

India’s jaggery export market is a highly profitable venture for several reasons:

High Production Capacity: India produces 60-70% of the world’s jaggery. Around 15% of the sugarcane crop in India is dedicated to jaggery and Khansari (unrefined sugar) production.

Growing Global Demand: As consumers worldwide become more health-conscious, the demand for natural sweeteners like jaggery has surged.

Versatility and Cultural Significance: Jaggery, also known as Bellam in Telugu, Vellam in Tamil, and Charkara in Malayalam, plays a crucial role in many Indian and global cuisines. It is also valued for its medicinal properties.

Given these factors, India has a robust infrastructure of jaggery manufacturers ready to meet the increasing global demand.

Key HS Codes for Jaggery Export

To efficiently navigate the export business, understanding HS codes is crucial. Here are some important HS codes for jaggery:

1701: Cane or beet sugar and chemically pure sucrose in solid form

17011310: Cane Jaggery

17011410: Other cane sugar

These HS codes help streamline international trade and ensure compliance with global export standards.

Tools and Platforms for Jaggery Export Insights

For businesses looking to tap into the jaggery export market, having access to reliable trade data is essential. Platforms like ExportImportData.in provide comprehensive trade data, including updated lists of importers and exporters, HS codes, and shipment details across 100+ countries. This information helps businesses make informed decisions and capitalize on opportunities in the international market.

Conclusion: The Future of Jaggery Export from India

India’s jaggery export market is a testament to the country’s strong agricultural heritage and trading capabilities. As the global demand for natural sugar substitutes continues to rise, jaggery has become a valuable export product. By understanding key HS codes, keeping track of export statistics, and partnering with established exporters, businesses can successfully navigate this profitable industry.

For those interested in exploring jaggery export opportunities or needing assistance with trade data, platforms like ExportImportData.in offer valuable resources. Stay informed, leverage the right data, and be a part of India’s growing jaggery export story.

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