Home / Knowledge / News / Textiles / Textile and garment exports to EU skyrocket
Textile and garment exports to EU skyrocket
23
Sep '08
Exports to EU show sky-rocketing growth for the textile and garment industry in the first seven months of 2008. Vietnam's textile and garment products such as jackets, trousers, coat, t-shirts etc, are experiencing increased growth rates in exports to UK, Spain, Netherland, Italy and Germany who are member countries of the EU.

Recently released figures from the Ministry of Industry and Trade suggest that the country fetched US$ 198.3 million in July, to post a growth of 12.26 percent over June and 22.9 percent year-on-year in its shipments to the European Union.

Compared to July 2007, export growth rate of Vietnam's textile and garment products was much higher in key markets like Germany, UK and Spain.

In the first seven months, country earned $ 975 million from EU market, showing a rise of 21.63 percent over the same period in 2007.

During this period (Jan - July), export turnover of Vietnam's textile and garment products to Germany reached US$ 227 million, an increase of 10% over same period of 2007. Vietnam earned US$ 163 million from exports to England showing an increase of 20.51%.

Shipments to Spain market brought US$ 126 million, soaring 65.93%.and to Netherlands US$ 88 million, representing a rising of 30% in the first seven months of 2008 and in comparison to the same period of 2007.

Simultaneously decline of export was noticed in markets such as Poland, Greece, Portugal and Slovenia.

In the first seven months, most key export products like trousers, coat, shirt and sportswear witnessed a strong increase of 19, 21.65, 29 and 81 percent respectively, while that of sweaters decreased by 23 percent compared to same period last year.

Fibre2fashion News Desk - Vietnam

Must ReadView All

Courtesy: Messe Frankfurt

Textiles | On 24th Mar 2017

Over 3341 exhibitors participate in Intertextile Shanghai

More than 3,341 exhibitors from 26 countries and regions participated ...

Courtesy: Bebe

Apparel/Garments | On 24th Mar 2017

Bebe Stores exploring strategic alternatives

Bebe Stores has announced that its board of directors is exploring...

Apparel/Garments | On 24th Mar 2017

Tiruppur garment cluster hopeful of meeting export target

The Tirupur garment cluster is hopeful of meeting its target of...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Claudia Kersten
Global Organic Textile Standard

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

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marten Alkhagen
Swerea IVF AB

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

Steve Cole
Xerium Technologies

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

Tony Ward
Tony Ward

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

Ritu Kumar
Label Ritu Kumar

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

news category


Related Categories:
March 2017

March 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