Home / Knowledge / News / Textiles / Vietnam's fabric & garment exports up 19.3% in Jan-Feb'14
Vietnam's fabric & garment exports up 19.3% in Jan-Feb'14
19
Mar '14
The exports of fabric and garments from Vietnam increased by 19.3 percent year-on-year to US$ 2.936 billion in the first two months of 2014, according to the data released by the General Department of Customs, Vietnam’s Ministry of Finance.
 
With $1.435 million worth of goods, the US turned out to be the largest importer of fabric and clothing items from Vietnam during January-February 2014, followed by Japan and South Korea with imports of $379.366 million and $278.098 million, respectively.
 
Among the European countries, Germany was the top buyer of fabric and garments from Vietnam with imports valued at $106.783 million. Spain, the UK and the Netherlands were the other large importers of Vietnamese fabric and apparel last year with goods worth $99.159 million, $74.697 million and $34.249 million, respectively.
 
Vietnam’s fabric and garment exports to Canada were valued at $57.352 million, while those to China and Taiwan were worth $55.308 million and $26.809 million, respectively, during the first two months of 2014.
 
During the two-month period, Vietnam also exported 113,454 tons of yarn worth $341.675 million, of which 48,460 tons of yarn was supplied to China, while Turkey imported 14,829 tons of yarn from the Southeast Asian country, the Customs data showed.
 
In 2013, Vietnam’s fabric and garment exports grew by 18.9 percent year-on-year to $17.946 billion.
 
Vietnamese firms are expecting an increase in export orders this year due to economic recovery in developed countries and prospects of the signing of the 12-nation trans-pacific partnership (TPP) agreement by June this year.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Rajiv Sirohi
Shara

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

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marcel Alberts
Eurofibers

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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