Views: 0 Author: Site Editor Publish Time: 2022-05-30 Origin: Site
The share of Vietnam' s textile and apparel exports to the United States fluctuated before the trade war, but after the trade war began, the proportion of Vietnam' s textile and apparel exports to the United States increased year by year from 2019 to 2021, rising to 49.4% last year, and 51.3% in Jan-Feb this year. As for growth rate, the growth rate of Vietnam' s textile and apparel exports from 2013 to 2018 was faster than that of the exports to the United States, while from 2019 to 2021, the growth rate of the Vietnam' s textile and apparel exports to the United States was significantly faster than that of total exports, which showed that the contribution of Vietnam' s textile and apparel exports to the United States was greater than the average in the last three years. From the perspective of US textile and apparel imports, Vietnam has always been the second largest US textile and apparel import source besides China, and its market share has also gradually increased in recent years. The Sino-US trade war and U.S. ban on Xinjiang cotton only accelerated the process of the transfer of American orders