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Garment & textile export rises in first 5 months

15 Jun '07
2 min read

In the first 5 months, export turnover of garment and textile reached US $2.7 billion, an increase of 24.3 percent against the same period 2006, official sources said.

Among the list of 5 commodities exported (coffee, animal and plant oils, plastic, pepper and garment & textile), garment and textile ranks the first in terms of value, excluding crude oil.

Export turnover of garment and textile has nearly twofold value of footwear in the first five months although the products are threatened to be put under US supervisory regime.

Some goods categories are threatened by anti-dumping policies under the US supervisory regime in the first quarter this year, officials from Ministry of Trade informed.

A few categories slightly increased while a number of other categories see a token of decrease.

For instance, M&B knit shirts doz 6.00/W&G knit shirts & blouses doz 6.00 increased by 16 percent, M&B shirts, non-knit doz 20.10 increased approximately 8 percent and M&B knit shirts doz 15.00/W&G knit shirts & blouses doz 12.50 ranked the first with an increase of over 30 percent.

Whereas, export values of a number of categories decreased in the first three months this year: W&G shirts & blouses, non-knit doz 12.10 (decreased by 3.15 percent), Underwear doz 9.20/Underwear doz 13.40 (decreased by 27.49 percent), M&B trousers, breeches & shorts doz 14.90/W&G trousers, breeches & shorts doz 14.90 (decreased by 10.43 percent), added the officials.

Fibre2fashion News Desk - Vietnam

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