Home / Knowledge / News / Apparel/Garments / Second biggest apparel importer country throws up opportunities
Second biggest apparel importer country throws up opportunities
Aug '09
Exports from the textiles and apparel sector in the first seven months of 2009 touched, US $5.1 billion, just one percent less than that reached in the corresponding period of 2008.

These figures have come in no less measure from shipments from the sector to Japan, with which Vietnam has signed a Free Trade Agreement, which entails exports of goods at zero percent duty.

Experts are of the opinion that the Japanese high end market holds promise for Vietnamese apparel sector and they should try to take advantage and seize the opportunities thrown up by the market.

In the first six months of the year, export turnover of Vietnamese garments to Japan stood at $430 million, an increase of 22 per cent over the same period last year. Experts say that this figure can reach $900-$1,000 million by year end.

Japan is the world' second largest market for clothing. The total value of men's, women's and children's clothing imported each year is about $28 billion per year, accounting for 60 per cent of its total market value.

In Japan, the space for lower-end market for apparels is occupied by Chinese products and the Chinese textiles and garment sector accounts for 80 percent of Japanese imports from the sector.

According to a well-known fashion designer, apparels from Vietnam have not been able to compete with garments of Chinese origin, but, there was a vacant space in the high end market, which manufacturers from Vietnam can fill.

Most Japanese retailers tend to place orders in small quantities rather than in large numbers, like their European and US counterparts, which becomes easier for a exporter to process an order in time.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

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


Browse Our Archives


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