Home / Knowledge / News / Textiles / Vietnam's fabric & garment exports jump in Jan-July'14
Vietnam's fabric & garment exports jump in Jan-July'14
19
Aug '14
The exports of fabric and apparel from Vietnam jumped by 19.5 percent year-on-year in the first seven months of 2014, according to the preliminary data released by the Customs IT & Statistics Department, General Department of Customs, Vietnam’s Ministry of Finance.
 
Fabric and garment exports from Vietnam totaled US$ 11.498 billion in the January-July 2014, growing at 19.5 percent year-on-year. 
 
During the seven-month period, Vietnam exported 471,992 tons of yarn fetching $1.42 billion, registering an increase of 20.9 percent and 21 percent year-on-year, respectively, according to the data.
 
The US alone imported $5.56 billion worth of fabric and apparel from Vietnam during the period under review. Japan and South Korea were the other main destinations for Vietnamese fabric and clothing with exports valued at $1.41 billion and $921.7 million, respectively.
 
Meanwhile, Vietnam’s cotton imports soared by 32 percent year-on-year to 448,351 tons in terms of quantity, and by 33.3 percent to $899.157 million in terms of value.
 
Similarly, Vietnam’s yarn imports grew by 8.3 percent year-on-year and 2.4 percent by volume and value, respectively, to 425,749 tons and $891.221 million. Fabric imports also climbed 15.5 percent to $5.42 billion.
 
At $2.657 billion, China was the largest supplier of fabric to Vietnam during the period under discussion. 
 
Last year, Vietnam’s fabric and garment exports grew by 18.9 percent year-on-year to $17.946 billion, and if the current trend continues, the country’s fabric and garment exports may touch the $20 billion mark this year.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Suresh Patel
Sidwin Fabric

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

Tony Ward
Tony Ward

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Silvia Venturini Fendi
Fendi s.r.l

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

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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