Home / Knowledge / News / Textiles / Export of textile & garments surge in Q1
Export of textile & garments surge in Q1
19
May '08
According to the General Department of Customs, Vietnam shipped nearly 5.3 million swimsuits to overseas markets and fetched around US $24.7 million during the first quarter of 2008. A significant boost of 204.9 percent in value and 80.4 percent in volume is witnessed over same period of 2007.

Near about 4,45,000 sets of swimsuit were exported to EU for $1.8 million in the Q1, a year-on-year rise of 134.4 percent in terms of volume and 34.5 percent value wise. Within EU, exports to Italy grew to 272.6 percent, to Spain it went up by 554.2 percent and to Belgium it rose to 243.7 percent in comparison with Q1 of 2007.

The US is one of the hot favourite export destination for the Vietnamese textile and garment manufacturers. This is quite evident from the results decleared by MOIT.

During March 2008, Vietnam exported almost 1.7 million swimming costumes to US and earned revenue worth $7.5 million, a year-on-year boost of 180 percent and 64 percent.

Textile and apparel exports on the other hand, fetched approximately $1.1 billion in first quarter 2008 from this market. Of all products, the export of elastic shirts to the US stood at $338.08 million with 108.42 million pieces.

The export price of trousers to the American market were quoted at nearly $5.37 per piece in Q1, a rise of 5 percent over same period of 2007.

Vietnam is enjoying good export earnings and the entrepreneurs are anticipating a bright future ahead with lot of revenue generation this fiscal.

Fibre2fashion News Desk - Vietnam

Must ReadView All

Courtesy: BGMEA

Apparel/Garments | On 27th Feb 2017

'Brands & buyers should help Bangladeshi factory owners'

Brands and buyers should come forward to help factory owners in...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: PT Indonesia Taroko Textile

Textiles | On 27th Feb 2017

Taiwan's Lealea to buy Tarako textile plant in Indonesia

Taiwan based textile manufacturer Lealea Enterprise Company, one of...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

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

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

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

Sonam & Paras Modi
SVA

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

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