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Exports of sportswear moves up

07
Nov '08

In the first 9 months of the ongoing year, export of sportswear reached US $92.1 million with 15.8 million units, showcasing a yearly growth of 24.5 percent in value and 24.2 percent in volume; an official source of Ministry of Industry and Trade (MOIT) said.

The largest consumer for Made-in-Vietnam sportswear was Netherlands, with the export quantity reaching 2.95 million worth $21.9 million. The figures depicted 50.8 and 51.6 percent hike in both volume and value wise over similar period 2007.

The average export price of Vietnam's sportswear stood at $5.82 per piece, FOB, with a surge of 0.33 percent.

According to the data released by Vietnam General Custom Office, the export of Vietnam's sportswear sharply declined in the month of September, with 1.13 million units worth $8 million. A plunge of 34.3 and 20.9 percent is observed, in terms of volume and value over August and 17 and 3.8 percent respectively when compared to September last year.

Export to the EU reached $52.2 million, accounting for 56.7 percent of its total export value. To the US, a slight growth was marked in these nine months, with 3.1 million units valued at $18.5 million, up 12 and 10.1 percent over similar period previous year.

The export value of sportswear to other market experienced high growth rate in Taiwan, China and Brazil, with 289.7, 72.7 and 145.5 percent respectively.

Fibre2fashion News Desk - Vietnam

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