Home / Knowledge / News / Textiles / Textile & clothing exports on road to achieving targets
Textile & clothing exports on road to achieving targets
27
Oct '08
According to statistics released by the Vietnamese MOIT, exports of Vietnam's textile and garment products stood at US $831 million in September 2008, down by 9.28% as compared to August 2008.

Exports fell across the board to major countries but increased to countries like Taiwan and Ukraine. Shipments to the main markets of the US could reach $469 million in the same month, a decline of 9.85 percent over the previous month but 23.53 higher than the same month of 2007.

Exports to the other key market of the European Union fell sharply by 20.96 percent to $125 million compared to August 2008 and increased 12.59 percent year-on-year. The same was repeated in case of exports to Japan, which witnessed a growth of 17.9 percent to touch $74.8 million in contrast to the corresponding period of 2007, but fell, by 8.74 percent when compared to August 2008.

Exports to other markets like Korea, Canada and the ASEAN fell by 10, 25 and 9.71 percent respectively in comparison to the previous month. The reverse in the above trend came from shipments to Taiwan. Export to this market was valued at $33.8 million, up 13.8 percent over August and 107 percent year-on-year.

On the other hand exports of textile and clothing to Ukraine grew handsomely to post a growth of 74.62 percent over August 2008 and 151 percent over September 2007. The textile and garment industry cumulatively exported goods worth $6.82 billion in the first nine months of 2008, up 20.24 percent over the same period of last year and was able to reach 72 percent of targeted export turnover for the year.

Fibre2fashion News Desk - Vietnam


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

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

Steve Cole
Xerium Technologies

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X