Wires, cables and conductors - News - Wire&Cable Show in Vietnam 2017 is largest and most professionalwire cable industry event

Wires, cables and conductors


Click:286662014-07-17 00:00:00 Source: Wire&Cable Show in Vietnam 2017 is largest and most professionalwire cable industry event


VIETRADE - About 60 businesses in Vietnam produce and sell high-quality electrical wires, cables and conductors at reasonable prices. The use of modern, high-capacity manufacturing lines for their production is the norm.


Exports are growing significantly, peaking at US$ 883 million, up 20% over 2006. In 2008, export value attained US$ one billion, putting it within the ranks of the club of US$ billion industries. However, because of the global recession, 2009 witnessed a drop to export value of US$ 885 million.


Major importers of Vietnamese electrical wires and cables are Japan, the U.S., South Korea, Hong Kong, Australia and ASEAN-member countries. 


Ministry of Industry and Trade data shows that the amount of Vietnamese electrical cables exported continues to increase, registering US$ 99 million in May 2010, up 6% in comparison with the performance of a month earlier – that of April 2010.


Vietnamese producers and businesses claim more than 70% of the domestic market, and many of these have also made great strides in overseas’ markets thanks to both product quality and reasonable prices.  

 

Export of electrical wires and cables  (2000 - 6/2010)export_of_electrical_wires_and_cables

(Source: General Department of Vietnam Customs)

 

Vietnam's exports of electrical wires and cables by main export markets (2009)Vietnam_s_exports_of_electrical_wires_and_cables_by_main_export_markets

(Source: General Department of Vietnam Customs)