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Export of sports wear see growing trend in H1

08 Sep '08
2 min read

According to statistics available from Ministry of Industry and Trade, Vietnam exported 1.8 million sets of sport wear, in June 2008. The country earned US $12.8 million, decreasing 19.7 percent in volume and 10.1 percent in value compare to previous months.

In the first half this year, Vietnam earned $59.7 million from exporting 10.6 million sets of sport wear, registering a year–on-year rise of 17.7 percent in volume and 23.1 percent in value.

Of these, around 2.2 million sets of sports apparel worth $12.3 million were exported to US market in first half of 2008, accounting for 20.7 percent of total export turnover of the country. The figures showcase a growth of 19.8 and 19.6 percent in terms of volume and value as compared to similar period of 2007.

Now shipment to EU market has experienced a rise of 14 percent in volume, with 6.1 million sets worth $34.7 million, soaring by 29 percent year on year.

Among the EU market, export to Netherlands stood at 2.29 million sets that valued at $16.4 million, presenting a surge of 76.5 percent in volume and 69.1 percent in value over same period 2007. Experts are of the opinion sports wear export in this market may see a continuous rise in the third quarter of the ongoing year.

In Spain around 459 thousand sets were exported for $3.5 million, increased by 96.7 and 136.2 percent year-on-year respectively. The export of this product to Italian and Irish market showed a significant growth of 221.9 and 303.3 percent in terms of volume over same period last year.

Export to some other part of world market also rose experienced a sharp rise. Export volume rose to 83.2, 72.3 and 174.4 percent in Russia, China, and Taiwan market respectively.

Fibre2fashion News Desk - Vietnam

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