Home / Knowledge / News / Apparel/Garments / Export of sleepwear attains greater heights in May
Export of sleepwear attains greater heights in May
24
Jul '08
Ministry of Industry and Trade (MOIT), studied marvelous rise in export of sleep wears in terms of value, which was low during first two months of the year 2008, but attained a strong growth in May.

The available figures represent a rise of 44 percent over April 2008 and 88.5 percent compared to similar period last year.

The country exported sleep wears worth US $35.2 million, in first five months of this year, which shows growth of 62 percent year-on-year. MOIT further informs, that US market has been the biggest consumer of Made-in-Vietnam sleepwear, by acquiring 73.9 percent of exports worth $26 million and thus leads to 90.7 percent growth on-year.

A point is worth noting that sleep wears exports to the Japanese market witnessed a strong growth. The country absorbed sleepwear worth $2.1 million, showcasing a rise of 11.7 percent. Where as European Union shows disparity, with consumption worth with $3.9 million, a sharp reduction of 32.9 percent.

Average price quoted for the sleep wear in this month was $2.37 per set, (FOB), up by 29.5 percent when compared with last time.

While for the US market, in the month of May, price for sleep wear stood at $ 4.19 per set; and for first five months of the on going year it was quoted at $4.2 per unit; illustrating a rise of 39 and 27 percent respectively.

The average export price for Japan was $4.05 per set depicting an increase of 9.5 percent.

Fibre2fashion News Desk - Vietnam

Must ReadView All

Courtesy: Reliance Industries

Textiles | On 24th Apr 2017

Reliance’s FY17 revenue from petrochemicals up 12.2%

Increase in prices across polymers and polyester chain has...

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

GST reflects 'One nation, One aspiration' spirit: Modi

Prime Minister Narendra Modi has said that the Goods and Services Tax ...

Interviews View All

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search