Home / Knowledge / News / Apparel/Garments / Elastic shirts account for big chunk of exports from T&G sector
Elastic shirts account for big chunk of exports from T&G sector
03
Feb '09
In fiscal year 2008, the elastic shirt earned US$ 2.1 billion worth of export turnover for the Vietnamese textile and garment industry, representing a y-o-y growth of 36.9 percent an official source of Vietnam MOIT said.

The elastic shirt was the biggest foreign currency earning product from the textile and garment industry in 2008, accounting for 23.2 percent of total exports turnover from the sector.

US remained the biggest exporting market, accounting for 77.2 percent of total elastic shirts exported totaling to 456.8 million pieces and amounting to $1.61 billion, a growth of 24.6 percent and 31.7 percent respectively over 2007.

Exports to Japan, Taiwan and Canada witnessed the same trend. Shipments of the shirt to Japan touched 21.9 million pieces worth $82.4 million, up 154.2 and 164.7 percent respectively and Taiwan 24.4 million pieces for $80.1 million, up 126 and 263.4 percent.

Shipments of elastic shirt to Korea in 2008 amounted 2 million pieces, worth $7.7 million, up by 131.4 percent in volume and 141.5 percent in value. Though off course there was a slowdown witnessed in shipments of the shirt to the EU.

Exports of the same to the countries of the European Union stood at 62.7 million pieces amounting to $171.9 million, a drop of 11.1 percent in volume but rose by 19.4 percent in value in comparison with 2007.

Amongst the countries of the EU, exports to Spain rose by 108.2 percent; Italy 88.8 percent; Denmark 84.6 percent; Sweden 83.2 percent; Ireland 48.4 percent and Greece 60.1 percent.

However, exports to some other countries of the EU saw a drop, which includes the likes of Germany down 12.6 percent; Hungary down 22.4 percent; France down 9.4 percent and Poland down 8 percent.

Fibre2fashion News Desk - Vietnam


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eamonn Tighe
Nature Works LLC

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.9%
No
13.2%
Skip
8.8%

Total Votes: 68

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
27.9%
Skip
10.3%

Total Votes: 68

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.3%
No
10.3%
Skip
4.4%

Total Votes: 68

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.0%
No
11.8%
Skip
13.2%

Total Votes: 68


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