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

UK, EU agree to take more time for Brexit deal

Textiles | On 19th Oct 2018

UK, EU agree to take more time for Brexit deal

After an ongoing Brexit summit produced no tangible results, European ...

Courtesy: Pexels

Textiles | On 19th Oct 2018

US announces intent for trade deals with Japan, EU, UK

US Trade Representative Robert Lighthizer recently notified the...

Courtesy: Turtle Limited

Fashion | On 19th Oct 2018

'We are trying to imbibe multi-utility factor in menswear'

Turtle Limited, a leading Indian brand in menswear fashion, is trying ...

Interviews View All

Top executives, Retailers

Top executives
Retailers

Weak rupee breeds inflation

DK Sharma, Velocity Apparelz

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Abhishek Ganguly, Puma India

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Shivani Swamy,

Shivani Swamy

The Livinguard Technology is owned by Green Impact Holding AG based in...

Manuele Baggini,

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Abhishek Dhanuka,

Abhishek Dhanuka

Vyom International Pvt Ltd, established in 2002, is one of Surat's leading ...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

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

Karl Zelik, Vanderbilt University

Karl Zelik
Vanderbilt University

A team of engineers at the Vanderbilt University has designed a smart...

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),...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Nisha Chanda, Whistling Woods International School of Fashion

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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


October 2018

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

news category


Related Categories:

Advanced Search