The main markets consume electricity wires and cables Vietnam first 7 months of 2015

Japan is the largest consumer market in this group of Vietnam; First 7 months of 2015, exports of electrical wires and cables into the Japanese market reached 106.40 million, up 0.6% from the same period in 2014, representing 22.3% of total export value of commodities .

China is the 2nd largest market, turnover was 97.07 million, accounting for 20.4% of total turnover, up 29.7% over the same period last year.

The market's third largest exporter of the commodity turnover wires and power cables as Korea, reached 40.24 million, accounting for 8.4% of the total value of commodity exports, up 12.1% compared to the same period last year.

According to the tally stats 7 months we have seen, virtually exporting electric wires and cables into the market are positive growth in turnover compared to the same period last year; Notably, exports to Indonesia, while turnover reached only 17.37 million US dollars worth, but the highest growth rate with 156.4%.

Some other markets also achieved high growth rates in turnover compared to the same period as the UK (up by 63.8%, reaching US $ 1.37 million); Malaysia (up 54% to 3.71 million); Philippines (increased 46.5%, reaching US $ 16,37trieu).

Although, exports to these markets are growing, but exports to Australia, Singapore and Taiwan the turnover decline, with a fall of 30.5%, respectively, 23.1% and down 6.7% compared with the same period last year.

Preliminary statistical data of GDC exporting electric wires and cables first 7 months of 2015

Unit: USD