Home / Knowledge / News / Apparel/Garments / Sportswear exports surge in H1
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.


Must ReadView All

Courtesy: ASEAN

Apparel/Garments | On 16th Nov 2018

ASEAN RCEP pushed back to 2019 due to lack of consensus

The Association of Southeast Asian Nations (ASEAN) postponed...

Cotton sector to receive boost in Azerbaijan's Ujar region

Textiles | On 16th Nov 2018

Cotton sector to receive boost in Azerbaijan's Ujar region

Factories for cotton processing, production of cottonseed oil and...

Uzbekistan wants zero EU customs duty on textile products

Textiles | On 16th Nov 2018

Uzbekistan wants zero EU customs duty on textile products

Uzbekistan plans to seek zero customs duty from the European Union...

Interviews View All

Vidhyaa Shankar. S, A Ganapathi Chettiar

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Top executives, Textile industry

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Poojaa Kumar Deepak, Zeven

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Shyam Gupta & Ravi Gupta,

Shyam Gupta & Ravi Gupta

Based out of South Delhi, Gargee Designer's provides bespoke formal and...

Mario Ploner,

Mario Ploner

<div>Italian company Tecnomeccanica Biellese specialises in planning and...

Italtex,

Italtex

Italtex is a leading studio publishing fabric trend-books since 1959....

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Lynda Kelly, Suominen Corporation

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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


November 2018

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

news category


Related Categories:

Advanced Search