Destination-wise, the US alone accounted for almost 50 per cent or $10.330 billion worth of fabric and apparel exported from Vietnam during January-November 2016, followed by Japan and South Korea with exports to these countries valued at $2.622 billion and $2.121 billion, respectively.
Vietnam also exported 1,060,335 tons of yarn earning $2.657 billion during the eleven-month period, registering an increase of 21 per cent and 14.3 per cent year-on-year, respectively, according to the data. Thus, Vietnam’s total earnings from yarn, fabric and garment exports stood at $24.218 billion during the period under review.
On the other hand, Vietnam imported 618,454 tons of cotton and 372,035 tons of yarn, valued at $993.350 million and $911.507 million, respectively, during January-October 2016. Fabric imports during the ten-month period were valued at $5.275 billion. Thus, Vietnam’s total spending on import of cotton, yarn and fabric amounted to $7.179 billion. (RKS)
Fibre2Fashion News Desk – India
| On 22nd May 2022
China recently cut the market-based benchmark lending rate to shore...
The Comprehensive and Progressive Agreement for Trans-Pacific...
| On 22nd May 2022
China's cross-border e-commerce has rapidly grown in the last few...
Liquidity is a primary issue in Indian context
Marry with brand ethos
Multi-functional garments will be next big thing
The Picanol Group is a diversified industrial group active worldwide in...
With a vision to be the world's top tier textile manufacturer, Badjatex...
The Luxe Maison is a premiere haute couture e-boutique established after...
The TWE Group is one of the leading global players in the nonwovens...
Thomas Ong P S
Malaysian company NanoTextile Sdn Bhd taps into the potentials of...
Fitesa is a leader in the nonwoven fabrics industry, specialising in...
Label - T*MITROVSKA
T*MITROVSKA is a highly conceptual London-based brand playing with...
Prakruti Gupta Rao & Navin Rao
Brand - The Kaftan Company
The Kaftan Company (TKC) is India’s most recognised brand for kaftans,...
Label Raghavendra Rathore Jodhpur
Being one of the first designers to use the "Brand India" positioning for...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.