Home / Knowledge / News / Apparel/Garments / Vietnam garment exports rise in Jan-Sept

Vietnam garment exports rise in Jan-Sept

22
Oct '12
Posting a sustainable export growth, Vietnam’s garment and textile industry has managed to retain its position as country’s biggest foreign exchange generator.
 
According to Vietnam General Customs, the country’s garment and textile sector exports grew by 7.4 percent year-on-year to US$ 11.4 billion during the first three quarters of the current year.
 
While exports to the US, Vietnam’s largest textile and apparel export market, grew by 8 percent year-on-year to US$ 5.6 billion during the review period, those to the EU, the second biggest market, plummeted by 5.6 percent to US$ 1.81 billion.
 
During the nine-month period, Japan and Korea, two of Asia’s leading markets, imported US$ 1.45 billion and US$ 748 million worth of textiles and garments from Vietnam, respectively, representing a year-on-year rise of 18.7 percent and 18.5 percent, respectively.
 
Vietnam’s apparel and textile exports in September totalled US$ 1.33 billion, which was 12.3 percent lower than earlier month’s exports.
 
Vietnam National Textile and Apparel Group (Vinatex) expects the positive growth in garment and textile exports from the country to continue even during the fourth quarter, as several producers have already booked orders sufficient enough to keep them working till close of first quarter of 2013.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 19th Jun 2021

80% of unwanted textiles in Australia’s NSW end up in landfill in 2020

Of almost 305,000 tonnes of textiles discarded in Australia’s New...

Pic: Shutterstock

Textiles | On 19th Jun 2021

More than 75% of S Korean exporters to China hit by pandemic: survey

A survey of 540 South Korean exporting firms by the Korea...

Pic: Shutterstock

Textiles | On 19th Jun 2021

Reimagine India’s innovation agenda for textile-apparel sector: Koshy

Resetting and reimagining the innovation agenda for the...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Textile Industry, Head honchos

Textile Industry
Head honchos

Always best to produce under our own supervision

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Alberto Gotti,

Alberto Gotti

Danitech was born from the will of a group of technicians to offer the...

Rajesh Vohra,

Rajesh Vohra

A part of the Italy based multinational company Artsana Group, Chicco is...

Sanjay Jhunjhunwalla,

Sanjay Jhunjhunwalla

In the financial hub of eastern India, Kolkata, a humble production...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

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

Leave your Comments


June 2021

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


Advanced Search