Home / Knowledge / News / Apparel/Garments / Huge potential for Vietnamese clothing exports to Russia
Huge potential for Vietnamese clothing exports to Russia
Nov '13
There is huge potential for increasing Vietnamese clothing exports to Russia, the Vietnam National Textile and Garment Group (Vinatex) said on its website.
Russia has the 5th largest economy in the world, and with a population of nearly 143 million people, the country provides a big opportunity for Vietnamese garments, according to Vinatex.
In 2012, Russia’s GDP reached US$ 2,015 billion, resulting in per capita income of US$ 12,000 per year, making it the most promising market for Vietnamese textiles in the Nordic region.
From January to August 2013, Vietnamese textile and apparel exports to Russia increased by 5.48 percent year-on-year. The exports mainly consisted of jackets, children’s clothing, shirts, T-shirts, trousers, shorts, skirts, etc.
Kidswear exports from Vietnam to Russia increased at a faster pace and accounted for 11.8 percent of Vietnam’s total textile and apparel exports to the Russian market during the eight-month period.
To further tap the Russian market, Vietnamese export firms would have to do thorough market research to determine the potential and develop long-term cooperation with Russian buyers through regular contact.
Vietnamese textile and garment enterprises entering the Russian market would also have to face more intense competition in quality and price. 
In recent years, young people in Russia have started the habit of spending more money for their shopping. High quality clothing with beautiful designs are usually preferred and consumed more quickly, and low quality, low priced products are not liked anymore in Russia.
Hence, businesses must ensure good quality, innovative designs, and registered trademarks to compete with the prestigious items that are already available in the Russian market, Vinatex said.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Hela Clothing

Apparel/Garments | On 18th Jun 2018

Hela's latest label revolves around underwear, sleepwear

The latest collection of Sri Lanka’s Hela Clothing is revolves mostly ...

Digital textile printing sector to grow by 20% by 2020

Textiles | On 18th Jun 2018

Digital textile printing sector to grow by 20% by 2020

The digital textile printing sector is expected to have a compound...

Kenya levies higher duties on mitumba import

Apparel/Garments | On 18th Jun 2018

Kenya levies higher duties on mitumba import

Kenya’s treasury secretary Henry Rotich recently raised the duty on...

Interviews View All

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Amiben Shroff

From its modest beginning in the late 1960s, Shrujan has grown into a...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search