Home / Knowledge / News / Textiles / Textile & apparel exports acquires slow growth rate in November
Textile & apparel exports acquires slow growth rate in November
25
Dec '08
Although in November, exports of Vietnamese textile and garment products has been witnessing slow growth at its two biggest markets the US and EU, a strong growth can be seen in Taiwan, ASEAN countries and Canada and especially the export to Japan is showing promising signs.

Official statistics of Ministry of Industry and Trade show that the export value of Vietnam's textile and garment products reached US $690 million in November, down 8.36 percent compared to October but up 1.32 percent against corresponding period of previous year.

In total, during the period from January to November Vietnam earned $8.287 billion from exporting textile and garment products, up 17.7 percent year-on-year, nearing to 87 percent of the whole year export target.

In these 11 months, the export value to the US market reached $4.66 billion, up 14.82 percent on year; to the EU it was nearly $1.53 billion, an increase of 13.61 percent. Earnings from Taiwan and ASEAN market soared by 76 and 24 percent respectively year-on-year.

Textile and garment products exported to Japan experienced a growth of 14.9 percent, valued at $740.9 million. It is expected that export will grow strongly in this market since the effect of AJCEP.

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

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Johan Berlin
InvestKonsult Sweden AB

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

Lynda Kelly
Suominen Corporation

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Sonam & Paras Modi
SVA

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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