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Sportswear exports surge in H1

30
Sep '08
In the first half of this year, Vietnam exported 10.6 million sets of sports wear worth US $59.7 million, showing a rise of 17.7 percent in volume and 23.1 percent in value over same period last year, an official source of Vietnamese MOIT informed.

According to the General Statistics Office, in June 2008, the exports turnover increased slowly to be 1.8 million sets at $12.2 million, experiencing a decrease of 19.7 percent in volume and 10.1 percent in value over previous month. As compared to June 2007, the export volume decreased 1.7 percent but the export value increased 13.5 percent.

In the first 6 months, Vietnam's sport wear exported to US market was 2.2 million sets at $12.3 million, accounting for 20.7 percent of the total export value, representing year-on year climb of 19.8 percent in volume and 19.6 percent in value.

In the US market, the price in June 2008 was $6.25 per piece, FOB, rising 24.9 percent over previous month and 9.2 percent over same month last year. The average price for 6 months was $5.47 per unit, FOB, revealing a year-on-year drop of 0.2 percent.

The export of this industry also made some progress in EU market. The export volume augmented 14 percent to touch 6.1 million sets, valuing $34.7 million registering an improvement of 29 percent.

The export to Netherlands reached $16.4 million with 2.29 million sets, accounting for 27.5 percent of the total export value. This marked a growth of 76.5 percent in volume and 69.1 percent in value over same period 2007.

The export price of this product was highest in Netherlands market in June 2008 at around $6.56 per piece, FOB, with a surge of 19.6 percent over previous month, but down 6.1 percent compared to June 2007.

The export volume of the product to Spain reached 459,000 sets valuing $3.5 million, showing a rising of 96.7 percent in volume and 136.2 percent in value over same period last year.

In France, Vietnam's sport wear was sold at price of $3.79 per set in the sixth month of this year, rising 30.8 percent over previous month and 25.2 percent over June 2007. The average price in 6 months was $3.24 per one, FOB, slight boost of 0.9 percent over same period last year.

Some other markets witnessing strong increase in export growth rate included Italy (221.9 percent), China (72.3 percent), Russia (83.2 percent) and Taiwan (174.4 percent).

The average export price of Vietnam's sports wear during the period was $5.63 per set, FOB, showing a notable hike of 4.8 percent.

In the first half-year, there were 108 enterprises participating in export of this category, four more than same period 2007.

Among them, Din Sen Vietnam Enterprise Co., Ltd topped the list with export volume of 3.6 million sets worth $24.1 million, up 255.1 percent in quantity and 268.5 percent in value over same period 2007.


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