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

Textiles | On 6th Dec 2016

Garments, yarn export entitlement quota extended for 1 yr

Indian government has extended the export entitlement quota for...

Textiles | On 6th Dec 2016

Cash inflow will revive sales: Textile industry

The textile industry representatives are hopeful of revival of...

Courtesy: SIMA

Textiles | On 6th Dec 2016

Amma gave special attention for textile growth in TN: SIMA

Former Tamil Nadu chief minister J Jayalalithaa paid special...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Urs Stalder
Sanitized AG

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

Prathyusha Garimella
Prathyusha Garimella

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

Ritu Kumar
Label Ritu Kumar

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

Karan Arora
Karan Arora

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

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