Home / Knowledge / News / Textiles / Textile & apparel export to Canada surges strongly
Textile & apparel export to Canada surges strongly
15
Apr '08
The General Department of Customs recently announced a report on Vietnamese textile and apparel industry, which shows that the country, in the month of February fetched foreign currency of around US $8.5 million, depicting an increase of 2.8 percent.

The total turnover of January and February touched $22 million, representing a year-on–year rise of 32.4 percent.

By the end of February, Canada surpassed Taiwan to become the fourth biggest consumer of Made–in–Vietnam textile and apparel products. The US, EU and Japan are the first three customers for the country.

During the two month period, key products exported to Canada saw strong growth, including jacket suit, overcoat, skirt, shirt, windcheater and swimming suit. Among all these trade goods, veston suit earned the highest revenue showing a growth of 369.35 percent.

In the month of February, elastic shirt fetched $3.12 million from Canada, depicting a 46.7 percent surge year-on-year. Trousers worth $1.32 million, shorts for $1 million and jacket suit for $0.5 million were exported, took the second, third and fourth place respectively, in terms of earning from the region.

Talking about the average export prices in February, jacket suit stood at $14.3 per piece, which is around $1.2 higher compared to previous month, and near about $2.03 more against similar period 2007.

On the whole, with each passing year, Made–in–Vietnam textile and apparel products, have been able to carve a niche for itself in the hearts of its users in Canada. This is quite evident from the fact that in 2006, exports to the region grew by 20.23 percent, and in 2007, the turnover reached $135.5 million, demonstrating a year-on–year rise of 39.25 percent.

Fibre2fashion News Desk - Vietnam

Must ReadView All

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

View of YiwuTex 2016; Courtesy: YiwuTex

Textiles | On 28th Feb 2017

Smart knitting system to grace 18th YiwuTex 2017

The thematic functional knitting machinery zone at the 18th YiwuTex...

Textiles | On 28th Feb 2017

Over 100 exhibitors expected to participate in IATF

Over a 100 exhibitors are expected to showcase their products at the...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Urs Stalder
Sanitized AG

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

Suresh Patel
Sidwin Fabric

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

Eamonn Tighe
Nature Works LLC

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

Rupa Sood and Sharan Apparao
Nayaab

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


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