Home / Knowledge / News / Apparel/Garments / Vietnamese clothing exports to S Korea skyrocket
Vietnamese clothing exports to S Korea skyrocket
Apr '11
According to the General Department of Vietnam Customs' report, during the initial three months of the current year, Vietnam's exports to South Korea grew by 121 percent to around US$1.17 billion.

There has been a rise in both, the volume as well as the value of exports.

Footwear, confectionary, garment and textiles, wooden items, seafood and coffee witnessed the highest rise in exports.

Garment and textile product exports for January and February stood at $111 million, which reflected a year-on-year rise of 134 percent.

Phong Phu Joint Stock Company's Deputy General Director, Pham Minh Huong said that, her firm exported five million dollar worth of yarns and sewing threads to South Korea during the initial three months of the current year, which is equal to around 50 percent of the firm's total exports of last year.

The ASEAN-South Korea Free Trade Area (AKFTA) agreement has benefited Vietnam, and is also a reason for the significant rise in Vietnam's exports to South Korea, she said.

Since last year, in accordance with AKTFA, South Korea has removed tariffs on imports of all the products from ASEAN member nations.

Editor's note –
There is no doubt on the effectiveness of a free trade agreement. Countries like Pakistan, India and Bangladesh should also look towards inking similar treaties with other blocs across the world, which can provide a boost to their textile and clothing exports.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Textiles | On 20th Jan 2017

Xeros to focus on textile sector to develop technology

Xeros technology group plc, the developer and provider of patented...

Apparel/Garments | On 20th Jan 2017

Nine West acquiring womenswear marketer Kasper Group

US based footwear, accessories and denim company Nine West Holdings...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eamonn Tighe
Nature Works LLC

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

January 2017

January 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search