Home / Knowledge / News / Apparel/Garments / Export of sleepwear attains greater heights in May

Export of sleepwear attains greater heights in May

24
Jul '08
Ministry of Industry and Trade (MOIT), studied marvelous rise in export of sleep wears in terms of value, which was low during first two months of the year 2008, but attained a strong growth in May.

The available figures represent a rise of 44 percent over April 2008 and 88.5 percent compared to similar period last year.

The country exported sleep wears worth US $35.2 million, in first five months of this year, which shows growth of 62 percent year-on-year. MOIT further informs, that US market has been the biggest consumer of Made-in-Vietnam sleepwear, by acquiring 73.9 percent of exports worth $26 million and thus leads to 90.7 percent growth on-year.

A point is worth noting that sleep wears exports to the Japanese market witnessed a strong growth. The country absorbed sleepwear worth $2.1 million, showcasing a rise of 11.7 percent. Where as European Union shows disparity, with consumption worth with $3.9 million, a sharp reduction of 32.9 percent.

Average price quoted for the sleep wear in this month was $2.37 per set, (FOB), up by 29.5 percent when compared with last time.

While for the US market, in the month of May, price for sleep wear stood at $ 4.19 per set; and for first five months of the on going year it was quoted at $4.2 per unit; illustrating a rise of 39 and 27 percent respectively.

The average export price for Japan was $4.05 per set depicting an increase of 9.5 percent.

Fibre2fashion News Desk - Vietnam


Must ReadView All

Pic: Shutterstock

Textiles | On 15th Feb 2020

Morocco to revise FTA with Turkey

Turkey has agreed to review its free trade agreement with Morocco,...

Pic: Shutterstock

Textiles | On 15th Feb 2020

German, Italian investors interested in investing in Pak

German and Italian investors and manufacturers have evinced keen...

Pic: Nike

Apparel/Garments | On 15th Feb 2020

Nike employs distributors in Brazil, Argentina, Chile

Nike has entered into strategic distributor deals for its Nike Brand...

Interviews View All

Awen Delaval, Samatoa

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Top executives, Association

Top executives
Association

'Support and Outreach' huge relief for MSMEs

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

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

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

Fiorella Cattelan,

Fiorella Cattelan

With flexibility and versatility, Dettin strives to meet the specific...

Franco Ravazzi,

Franco Ravazzi

Italy-based Tessimenti E Orditi Tinti (T.O.T SRL) specialises in stocking...

Mirella Sardini,

Mirella Sardini

A leading manufacturer of automated machinery and equipment for the...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Eamonn Tighe, Nature Works LLC

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Davide Vigano, Sensoria

Davide Vigano
Sensoria

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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


February 2020

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


Advanced Search