Garment-textile usinesses have undergone vital modifications however they’ve made efforts to diversify their export merchandise with 36 gadgets this 12 months. (Photograph: VNA)Hanoi (VNA) – Vietnam’s textile and garment merchandise have been exported to 104 international locations and territories this 12 months – a report quantity, mentioned Chairman of the Vietnam Textile and Attire Affiliation (VITAS) Vu Duc Giang.
In accordance with the affiliation, the US remained the most important importer of Vietnamese textile and garment merchandise with a turnover of over 11 billion USD by the top of September. It was adopted by Japan with about 3 billion USD, the EU with 2.9 billion USD, the Republic of Korea with 2.43 billion USD, Canada with some 850 million USD, and China with 830 million USD.
Companies have undergone vital modifications however they’ve made efforts to diversify their export merchandise with 36 gadgets. Through the interval, jackets remained the highest export earner by reeling in additional than 4.38 billion USD, adopted by trousers with over 3.85 billion USD, and shirts with 1.87 billion USD.
Diversifying markets, merchandise, clients and companions is a step in direction of lowering Vietnam’s reliance on massive markets, Giang mentioned. Markets that beforehand didn’t import merchandise from Vietnam now accomplish that, affirming the nation’s place within the world market.
In accordance with VITAS, 2023 has posed vital challenges, such because the lingering world impression of the COVID-19 pandemic and a big stock as a result of decreased demand. The whole export worth of the business final 12 months surpassed 44 billion USD, however with these difficulties, it’s anticipated to lower by greater than 9% this 12 months to over 40 billion USD.
Regardless of the export decline, such turnover, given the challenges this 12 months, is taken into account a breakthrough and demonstrates the great efforts of the enterprise neighborhood.
The Vietnamese garment and textile sector has made breakthroughs in each phrases of export markets and merchandise, Giang famous./.
VNA