News / Sourcing survey reveals the countries pulling buyers away from China

Vietnam, India and Turkey are leading the sourcing diversification charge away from China, according to a new survey.

Qima, a Hong Kong-based supply chain compliance firm, surveyed 700 companies with international supply chains over the first quarter and found that, while sourcing in China is “bouncing back strongly”, it has not yet returned to pre-Covid levels.

“Alternative sourcing regions such as Vietnam, India and Turkey are experiencing sustained levels of growth,” Qima said.

For example, Vietnam’s popularity among western buyers has grown “leaps ...