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ABRAMS.wiki provides you with genuine shipments, location, competitors, buyers, customers, suppliers, supply chain, products, product portfolio, contacts, employees, turnover of:

Fengjiatex (Hk) Ltd.

Unit 2 Lg1 Mirror Tower, 61 Mody Road Tsim Sha Tsui KL
Last updated: November 2, 2023
Import
Export

Where does Fengjiatex (Hk) Ltd. buy?

no data available

no data available

To whom does Fengjiatex (Hk) Ltd. sell?

To Công TY Cổ Phần Dệt Kim Hà Nội
Lô 2 - Cn5, Cụm Công Nghiệp Tập Trung Vừa Và Nhỏ, Phường Minh Khai, Quận Bắc Từ Liêm, Thành Phố Hà Nội, Việt Nam

shipments sent:
2
customer share:
2.4 %

HS or HTS codes are a global standard used to describe the type of goods being shipped (Harmonized Commodity Description and Coding System).The World Customs Organization (WCO) manages the Harmonized Tariff Description and Coding System (HTS). Over 170 countries participate in the WCO's HTS system. The first six digits of the HTS code marking of all articles in international trade are the same for all countries using the HTS. The last two or four digits are country-specific. In many countries these last four digits represent the tariff rate and suffix for the statistical reports of the trade balance of imported goods.

HS codes:
5
4 customersexplore

Which products does Fengjiatex (Hk) Ltd. buy?

HS or HTS codes are a global standard used to describe the type of goods being shipped (Harmonized Commodity Description and Coding System).The World Customs Organization (WCO) manages the Harmonized Tariff Description and Coding System (HTS). Over 170 countries participate in the WCO's HTS system. The first six digits of the HTS code marking of all articles in international trade are the same for all countries using the HTS. The last two or four digits are country-specific. In many countries these last four digits represent the tariff rate and suffix for the statistical reports of the trade balance of imported goods.

HS code: 611596
Full-length or knee-length stockings, socks and other hosiery, incl. footwear without applied soles, of synthetic fibres, knitted or crocheted (excl. graduated compression hosiery, pantyhose and tights, women''s full-length or knee-length stockings, measuring per single yarn < 67 decitex, and hosiery for babies)

observed in number of shipments:
178
3 purchased productsexplore

Which products does Fengjiatex (Hk) Ltd. sell?

HS or HTS codes are a global standard used to describe the type of goods being shipped (Harmonized Commodity Description and Coding System).The World Customs Organization (WCO) manages the Harmonized Tariff Description and Coding System (HTS). Over 170 countries participate in the WCO's HTS system. The first six digits of the HTS code marking of all articles in international trade are the same for all countries using the HTS. The last two or four digits are country-specific. In many countries these last four digits represent the tariff rate and suffix for the statistical reports of the trade balance of imported goods.

HS code: 540233
Textured filament yarn of polyester (excl. that put up for retail sale)

observed in number of shipments:
45
31 products soldexplore

From which countries does Fengjiatex (Hk) Ltd. buy?

in Vietnam

number of shipments:
183
country's share in shipments:
100 %
weight of shipments:
0 t
1 import countryexplore

To which countries does Fengjiatex (Hk) Ltd. sell?

to Vietnam

number of shipments:
82
country's share in shipments:
100 %
weight of shipments:
0 t
1 export countryexplore
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Market analysis methodology:
from raw statistical data to Artificial Intelligence (AI)

ABRAMS world trade wiki as a partner of UN Comtrade (database of the United Nations) as well as the OECD (Organisation for Economic Co-operation and Development) analyzes billions of statistical data as well as freight and customs data using intelligent algorithms as well as Artificial Intelligence (AI) and has developed a "unique business intelligence portal" on this basis (quote UN Comtrade / References).

On this page you will get insights into the market activities of Fengjiatex (Hk) Ltd. which have been individually prepared by our research team.

Take a free peak at the latest shipments from your competitor, supplier or customer!

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Multi-level supply chain transparency

ABRAMS world trade wiki not only shows direct suppliers and buyers of the first tier (Tier-1). Our tool Supply Chain Intelligence breaks the visibility barrier beyond Tier-1, enabling a comprehensive insight into the entire supply chain network, providing multi-tier transparency with just one click.

Supply Chain Intelligence - Export and Import
Supply Chain Intelligence - suppliers
Supply Chain Intelligence - customers
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Icon shopping basketPurchase
What does the supply chain of Fengjiatex (Hk) Ltd. look like?

Generally you can differentiate the supply chain or supply network of Fengjiatex (Hk) Ltd. by two perspectives:

  • The supplier side (a so-called Tier-1-supplier is a direct supplier, Tier-2 is a supplier of the Tier-1 supplier, Tier-n is a supplier at any level in the Fengjiatex (Hk) Ltd. supply network).
  • The buyer side (a so-called Tier-1 buyer is a direct buyer, Tier-2 is a buyer of the Tier-1 buyer, Tier-n is a buyer at any level in the Fengjiatex (Hk) Ltd. distribution network).

To ensure business stability and continuity, a supply chain or supply network must be constructed in such a way that external influences can cause as little damage as possible to Fengjiatex (Hk) Ltd.. This applies both in the area of procurement (the loss of a supplier must be covered by an alternative supplier) as in the area of sales (the loss of a buyer must be covered by an alternative buyer).

Risks can generally be considered as the non-availability of goods, through cutback or complete halt of production, or the potential loss of business partners, violating compliance rules (e.g. protection of the environment, labor legislation) and thus drop out of the supply network.

This risk should not necessarily be limited to the direct business partner (Tier 1), it involves the entire supply chain, unless sufficient alternative suppliers and buyers have been put in place.

Get an overview of the international supply chain of Fengjiatex (Hk) Ltd. (upstream/procurement and downstream/sales) from Tier-1 to Tier-n

E.G.: Tier-1 Buyer Công TY Cổ Phần Dệt Kim Hà Nội

ABRAMS world trade wiki not only shows direct suppliers and customers of the first tier (Tier-1). With just one click in our tool Supply Chain Intelligence you get a comprehensive insight into the supply network with multiple tiers (Tier-n) beyond the first tier.

Is the supply chain of Fengjiatex (Hk) Ltd. stable?

Each tier in the supply chain or supply network on the supplier side of Fengjiatex (Hk) Ltd. involves a single risk. The more tiers, the more difficult it is to analyze and monitor the business partners. Suppliers of suppliers are generally unknown, so there is already an increasing risk at the second (Tier 2) level.

If e.g. a first Tier supplier is not adding any value, the supply chain can be shortened and the risk of failure can be minimized by skipping this supplier. A previous Tier-2 supplier now turns into a Tier-1 supplier, which we call "go-direct". In our tool Supply Chain Intelligence as far as international suppliers are concerned, this analysis can be done with one click:

Analyze the potential of shortening and therefore stabilizing the supply chain of Fengjiatex (Hk) Ltd.

Which products does Fengjiatex (Hk) Ltd. purchase?

Based on the analysis of international bills of lading (bill of lading/ bills of lading/ BOL), a total of 3 different product categories that have been purchased by Fengjiatex (Hk) Ltd., can be identified.

These are classified by means of HS codes (HTS codes or customs tariff numbers).

For example, HS code 611596 classifies the following products:

„Full-length or knee-length stockings, socks and other hosiery, incl. footwear without applied soles, of synthetic fibres, knitted or crocheted (excl. graduated compression hosiery, pantyhose and tights, women''s full-length or knee-length stockings, measuring per single yarn < 67 decitex, and hosiery for babies)". This HS code was sighted 178 times in total.

Get an overview of internationally purchased products by Fengjiatex (Hk) Ltd. with Company Transparency

Icon hand holding a business cardSales
Who are the buyers of Fengjiatex (Hk) Ltd.?

The performance of a company depends fundamentally on its buyers. Therefore, a largest possible base of stable buyers is crucial. A total of 4 international buyers of Fengjiatex (Hk) Ltd. could be identified in bills of lading. For example, one of the buyers is the company Công TY Cổ Phần Dệt Kim Hà Nội, which has received 2 shipments.

An important destination country identified for the sale of products: Vietnam. 82 shipments of goods were shipped to this country in the period covered.

Get an overview of the international sales and its 4 buyers of Fengjiatex (Hk) Ltd. with Company Transparency.

Which products does Fengjiatex (Hk) Ltd. sell?

Based on the analysis of international bills of lading (bill of lading/ bills of lading/ BOL), a total of 31 different product categories sold by Fengjiatex (Hk) Ltd., can be identified.

These are classified by means of HS codes (HTS codes or customs tariff numbers).

For example, HS code 540233 classifies the following products:

„Textured filament yarn of polyester (excl. that put up for retail sale)". This HS code was sighted 45 times in total.

Get an overview of internationally sold products by Fengjiatex (Hk) Ltd. with Company Transparency

Is Fengjiatex (Hk) Ltd. able to optimize its profits on the buyer side of the supply chain? (downstream)

Each tier in the buyer side of the supply chain or supply network of Fengjiatex (Hk) Ltd. is adding value and therefore costs. The more tiers, the more expensive the product gets. Supply chains are normally not very transparent, trade secrets are part of the survival tactics in each stage of the value chain, especially for trading companies.

If e.g. a Tier-1 buyer from Fengjiatex (Hk) Ltd. that primarily trades products and doesn’t add any value (only fulfills the distributor function) it is possible to shorten the supply chain downstream giving a potential to optimize profit margins for Fengjiatex (Hk) Ltd.. A previous Tier-2 buyer now turns into a Tier-1 buyer, which we call "go-direct". In our tool Supply chain Intelligence as far as international buyers are concerned, this analysis can be done with one click:

Analyze the potential to shorten the supply chain and optimize the profit margins on the sales side of Fengjiatex (Hk) Ltd.

Icon handshakeReliability
Is Fengjiatex (Hk) Ltd. a reliable supplier?

Each company contributes significantly minimizing risks for its buyers, through its own stability. Internal risks (endogenous factors) can be e.g. financially (financial ratios, free cash flow, balance sheets) or operationally (production, lead times). Since 2021, external risks have increased due to worldwide shortages and are an important factor as to whether a supplier such as Fengjiatex (Hk) Ltd. can itself reliably deliver due to external dependencies (exogenous factors).

To assess this, data analysis should be conducted to get practical answers:

Which buyers does Fengjiatex (Hk) Ltd. consistently sell to over a long period of time that can be identified as a good reference?

Does Fengjiatex (Hk) Ltd. have problems supplying at the moment?

The more constant outgoing shipments of a company’s, the easier it is to assess potential problems for a supplier like Fengjiatex (Hk) Ltd.

Operational aspects like a stable supply chain, an in-house production and reliable logistics define sustainable performance.

Since 2021, global supply shortages have increasingly added external factors as to whether a supplier like Fengjiatex (Hk) Ltd. can deliver reliably itself through dependencies.

Based on the statistical trend of shipments (in terms of the number of shipments and respectively the quantity of goods) the current supply and performance capacity can be indirectly analyzed.

Here you can see an analysis of shipments by Fengjiatex (Hk) Ltd. to international buyers in the last few months with Company Transparency

Icon leafSustainability
What is the CO₂ footprint and sustainability of Fengjiatex (Hk) Ltd. products?

Sourcing products as regionally as possible with short shipping routes and the use of sustainable materials define the CO₂ footprint and sustainability of the products of any company, including Fengjiatex (Hk) Ltd.

After many companies, predominantly due to cost savings, have been building their networks increasingly internationally for years, there is now an increasing trend of so-called “on-shoring” or “near-shoring”. Attempting to include suppliers who are the closest to the supply chain because of financial, risk, environmental and image aspects:

  • Saving international freight costs, which have risen extremely since 2021.
  • Minimizing risks caused by logistics problems (e.g. the Suez Canal obstruction in 2021)
  • Attempting to reduce the carbon footprint when purchasing products.
  • Setting and meeting sustainability goals for own products of Fengjiatex (Hk) Ltd.

Based on the development of current shipments (in terms of number of shipments and quantity of goods) and changes in international suppliers and routes, it is possible to analyze the extent to which Fengjiatex (Hk) Ltd. has already made efforts in recent months and years, to focus on environmentally relevant aspects, like carbon footprint and sustainability in its business activities.

Get an overview of the international shipments that have an impact on the CO₂ footprint, as well as the sustainability of Fengjiatex (Hk) Ltd.

Icon chess rook pieceCompetitors
Who are the competitors of Fengjiatex (Hk) Ltd.?

Generally you can differentiate the competition of Fengjiatex (Hk) Ltd. by the purchase and sales perspective.

  • Start the competitive analysis on the purchase side.
  • Start the competitive analysis on the sales side.
Who are the competitors of Fengjiatex (Hk) Ltd. on the purchase side?

Competitors of Fengjiatex (Hk) Ltd. on the purchase side (procurement of raw materials and components for production or distribution) are exposed on ABRAMs wiki under Competitive Intelligence, purchased products, classified by HS-Codes (e.g. 611596, 611595) or by top product terms.

Who are the competitors of Fengjiatex (Hk) Ltd. on the sales side (selling similar products)?

Competitors on the sales side of Fengjiatex (Hk) Ltd. (selling raw materials or components for production or distribution) are exposed on ABRAMS wiki under Competitive Intelligence, sold products classified by HS-Codes (e.g. 540233, 550953) or by top product terms.

Further information on shipments
from Fengjiatex (Hk) Ltd.
  • shipments statistically processed according to business relationship
  • product portfolio
  • shipment history
  • and much more
Monitor with abrams.wiki Tool Company Transparency

Which companies buy similar products like Fengjiatex (Hk) Ltd.?

Following companies buy similar products like Fengjiatex (Hk) Ltd.:

1
Asp Global llc
2
Old Navy (Canada) Inc.
3
Under Armour Inc.

Which companies sell similar products like Fengjiatex (Hk) Ltd.?

Following companies sell similar products like Fengjiatex (Hk) Ltd.:

1
Global Textile Alliance Belgium nv
2
Pt. Mutu Gading Tekstil
3
Colossustex Tekstil Sanayi VE Ticaret Ltd.

The above information comes from sources accessible to everyone, in particular from public institutions. The initial data was not verified by inigma LLC, but used unchanged ("as is"). The aforementioned companies have neither assigned nor supported inigma LLC to publish the above information. The use of the website and the information available is subject exclusively to the General Terms and Conditions & Terms of Use of inigma LLC.

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