According to Vietnamese media reports, in the first five months, Vietnam's textile and clothing exports totaled US $18.7 billion, an increase of 23.5% over the same period in 2021. The export orders of enterprises have been placed by the end of the third quarter. Among them, Vietnam's textiles and clothing have made considerable achievements in major markets such as the United States, Europe and Japan.

The order situation of export enterprises is quite stable. However, Ruan Xuemei, Deputy Secretary General of Vietnam textile and clothing association, said that the current difficulty faced by enterprises is that they are unable to recruit more workers to complete the new orders.

In addition, Vietnam has made great efforts to build the manufacturing industry by reducing tariffs and introducing investment through policies. In addition, the United States has obstructed China's export trade by raising import tariffs on Chinese goods and setting trade barriers between China and the United States. In order to avoid high tariffs, Chinese export enterprises have taken measures to bypass Vietnam.

As a member of Southeast Asian countries, Cambodia also handed over a good report card. According to the statistics of the General Administration of Customs of the country, in the first may, the total export volume of Cambodia reached US $9.412 billion, a year-on-year increase of 34.5%; Among them, the export of clothing, shoes and travel goods reached US $5.2 billion, accounting for 55% of the total export.

In contrast, despite the year-on-year growth of China's textile and clothing exports in the first five months, China's textile and clothing export enterprises are still facing business problems such as order transfer and difficulty in ensuring the stability of the supply of textile and clothing raw materials. In the future, China's textile and clothing exports will be under great pressure to maintain growth.

Some experts said: "at present, the global textile industry pattern is in the stage of transferring to Southeast Asia. Due to the blocked transmission of the industrial chain of domestic textile enterprises, the efficiency of textile and clothing supply has decreased. With the gradual maturity of high-end garment industry technology in Vietnam, India and other countries, the industrial transfer shows signs of acceleration, and the export competition of China's textile and clothing has become increasingly fierce."

Analysts said that the current international situation is changing rapidly. Trade protectionism occurs frequently in countries all over the world. Some countries have raised commodity export tax rates and even implemented commodity export bans, exacerbating the global shortage of textile raw materials.

Some cotton spinning enterprises reported that due to export requirements, some textile and clothing export orders had to be produced with imported cotton, resulting in a sharp increase in the order volume of pure American cotton from May to June. However, the arrival price of American cotton was about 24000 yuan / ton, and the high cost greatly reduced the profit space of spinning enterprises using imported cotton.