Home / Knowledge / News / Apparel/Garments / Exports of nightwear see substantial growth
Exports of nightwear see substantial growth
12
Aug '08
Export of sleepwear has given a tremendous rise by earning US $35.2 million in the first five months of 2008. According to official of Ministry of Industry and Trade, these figures have shown 62 percent rise when compared with similar period of 2007.

For first two months export of nightwear did not show positive results, but the month of May reached to its highest peak, with $8.9 million, rising by 44 percent over April and 88.5 percent against the corresponding period previous year.

Starting from January, it has been noted that Vietnam's market structure has changed a lot. This is quite evident from the fact that, in the first five months, nightwear export to US soared to 90.7 percent year-on-year, for $26 million, accounting 73.9 percent of this product's total export value.

It is expected that sleepwear export to US will continue to maintain a growth rate in the third quarter of 2008 as well.

Exports of sleepwear to other countries have seen a growth. Export turnover from the Japanese market reached to $2.1 million showing increase of 111.7 percent.

But, in contrast to above, exports to European Union was decreased to 32.9 percent for the same period of 2007. Export earning from EU, in these five months touched $3.9 million, accounting for 11.3 percent of overall export turnover.

Shipments to some other European countries saw a down fall; Germany at 71 Percent, Holland at 5.6 percent and Poland registered a plunge of 49 percent.

Beside that night clothes export to other markets such as Bulgaria, Switzerland, Taiwan, Australia and China also fetched low value.

Fibre2fashion News Desk - Vietnam

Must ReadView All

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Suresh Patel
Sidwin Fabric

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Karan Arora
Karan Arora

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

news category


Related Categories:
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



X