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Export value of textile abates in January
27
Jan '09
Vietnamese General Statistics Office recently reported that total export value in the first month of 2009 reached US $3.8 billion; showcasing a fall of 18.6 percent over December 2008 and 24.2 percent over same period last year.

Most export products witnessed a plunge in terms of value in January as compared to same period last year.

The export value of textile and garment products topped the list with $550 million, plunge of 33.2 percent. Coming next is crude oil with $424 million worth 1.4 million tons, up 12.4 percent in volume but down 52.4 percent in value due to a 57.7 percent decrease in export price.

Export value of footwear and wooden product was $350 million and $200 million respectively down 26 and 31.8 percent.

Fibre2fashion News Desk - Vietnam

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