Home / Knowledge / News / Apparel/Garments / Garments exports post glittering growth in 2011
Garments exports post glittering growth in 2011
05
Mar '11
The country's revenues from garment exports in the first two months of the current year rose by 54.2 percent to US $2.15 billion, over the previous year.

The rise not only reflects the steady growth that the sector has been attaining from 2009 onwards, but is also the highest as compared to the growth registered by all the 24 export staples of Vietnam.

Le Tien Truong, Deputy General Director of the Vietnam Textiles Group said, growth of the country's garment sector was very much reflected in majority of the markets, from the very start of the year.

By close of January, the US, EU and Japan, with a year-on-year rise of 41 percent, still stood to be the leading contributors to country's overall garment exports valued at US $659 million.

The US with a rise of 75.6 percent imported garments worth US $241 million during January, while EU imports too registered a rise of 71 percent, to US $133 million.

Further, though the country earned only US $71 million from its garment exports to the Republic of Korea during January, but the annual figures reflected a rise of 162 percent.

The four markets together contributed over 88 percent of the country's overall garment export earnings worth US$1.1 billion, for the month of January.

The sector is eyeing to bag US $13 billion in revenues during 2011 in exports from the sector.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Teijin

Textiles | On 5th Dec 2016

Teijin merges two businesses into one division

Japanese manufacturer of speciality fibres Teijin Limited is merging...

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Silvia Venturini Fendi
Fendi s.r.l

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search