Rattan and bamboo products exported to China are competitive. Vietnamese products need to invest in good quality and high value in daily life. They should not be mass produced because they will face big competition from products from China.
According to the General Department of Customs, the export turnover of rattan, bamboo and rattan products exported in the first seven months of 2016 to USD 147 million, up 0.4% against the same period last year. in the same period last year.
Among the countries and territories importing Vietnam’s rattan, bamboo and sedge products, the United States is the main market, accounting for 24% of the total turnover, reaching nearly USD 35 million but slightly decreasing compared to the same period of 2015. The second largest market is Japan, followed by the German market also decreased compared to the same period last year.
According to the Vietnam Handicraft Exporters Association, there are over 1,500 enterprises and establishments involved in the manufacture and export of handicrafts. With the characteristics of many villages across the country, exports of handicrafts is the field of Vietnam has many advantages. However, many manufacturers and exporters of this product are facing many challenges from integration.
Recommend solutions for Vietnamese handicrafts, experts said that to dominate the export market hard, local businesses should focus on producing high quality products and high value in use. Everyday life should not be mass produced because it will face the big competition of products coming from China.