• Linkdin
Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow
         Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow

Vietnam's textile & garment exports earn $4bn in Jan-Feb

30 Mar '17
2 min read

Vietnam earned $4.006 billion from textile and garment exports in the first two months of 2017. Of this, yarn exports accounted for $472.967 million and fabric and garment exports contributed the remaining $3.533 billion, according to the preliminary data released by the customs IT & statistics department, general department of customs, Vietnam’s ministry of finance.

Fabric and garment exports from the Southeast Asian nation increased at 8.4 per cent year-on-year to $3.533 billion during January-February 2017. Of this, the US alone accounted for nearly 50 per cent or $1.717 billion, followed by Japan and South Korea with exports to these countries valued at $437.869 million and $377.181 million, respectively.

Vietnam also exported 180,370 tons of yarn earning $472.967 million during the year, registering an increase of 30.3 per cent and 34.4 per cent year-on-year, respectively, according to the data. Of this, China imported around 55 per cent or $258.354 million, followed by $18.528 million by India.

On the other hand, Vietnam imported 212,335 tons of cotton and 120,199 tons of yarn, valued at $370.622 million and $249.274 million, respectively, during the two-month period under review. Fabric imports during the period were valued at $1.351 billion. Thus, Vietnam’s total spending on import of cotton, yarn and fabric amounted to $1.971 billion, which is nearly half of the value of its exports. (RKS)

Fibre2Fashion News Desk – India

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search