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Export of sports wear see growing trend in H1
08
Sep '08
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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