In July 2024, textile and garment export turnover is the highest in the last 2 years
Thursday, August 15,2024AsemconnectVietnam - July is the first month in 2024 that textile and garment export turnover exceeds 4 billion USD mark and is also the month with the highest turnover since August 2022.
According to the latest preliminary statistics of General Department of Customs, Vietnam's textile and garment export turnover reached 4.29 billion USD in July 2024, up 12.4% over the same period last year and up 16.1% over the previous month. Of which: Textile fibers reached 373.3 million USD, down 2.7% over the same period, up 6% over the previous month; textiles reached 3.71 billion USD, up 13.7% over the same period, up 17.6% over the previous month; curtain fabrics and other technical fabrics reached 68.2 million USD, up 34.7% over the same period, up 7% over the previous month; Textile, garment, leather and footwear raw materials and accessories reached 135 million USD, up 17.2% over the same period and up 10.1% over the previous month
In the first 7 months of 2024, Vietnam's textile and garment exports reached 23.9 billion USD, up 5.9% over the same period, equivalent to an increase of 1.33 billion USD, of which: Textile fibers reached 2.53 billion USD, up 3.5% over the same period; textiles and garments reached 20.2 billion USD, up 6.3% over the same period; other technical fabrics and fabrics reached 458 million USD, up 18% over the same period; textile, garment, leather and footwear raw materials and accessories reached 878 million USD, up 11.4% over the same period.
Despite positive results, Mr. Truong Van Cam - Vice President of Vietnam Textile and Apparel Association said: Currently, the world economy is experiencing many fluctuations that will affect export industries, including textile and garment industry.
According to Mr. Cam, especially increase in technical barriers in Vietnam's textile and garment import markets and domestic enterprises are lacking information about these technical measures, such as: the US Anti-Uyghur Forced Labor Act, German Supply Chain Inspection Act, EU Supply Chain Inspection Directive...
Faced with the above difficulties, at the July 2024 Trade Promotion Conference of Ministry of Industry and Trade, representative of Vietnam Textile and Apparel Association requested Vietnam Trade Office abroad, especially in areas that are major export markets of the industry, to grasp information and provide early warnings so that domestic enterprises can take response measures.
Source: Vitic/ congthuong.vn
In the first 7 months of 2024, Vietnam's textile and garment exports reached 23.9 billion USD, up 5.9% over the same period, equivalent to an increase of 1.33 billion USD, of which: Textile fibers reached 2.53 billion USD, up 3.5% over the same period; textiles and garments reached 20.2 billion USD, up 6.3% over the same period; other technical fabrics and fabrics reached 458 million USD, up 18% over the same period; textile, garment, leather and footwear raw materials and accessories reached 878 million USD, up 11.4% over the same period.
Despite positive results, Mr. Truong Van Cam - Vice President of Vietnam Textile and Apparel Association said: Currently, the world economy is experiencing many fluctuations that will affect export industries, including textile and garment industry.
According to Mr. Cam, especially increase in technical barriers in Vietnam's textile and garment import markets and domestic enterprises are lacking information about these technical measures, such as: the US Anti-Uyghur Forced Labor Act, German Supply Chain Inspection Act, EU Supply Chain Inspection Directive...
Faced with the above difficulties, at the July 2024 Trade Promotion Conference of Ministry of Industry and Trade, representative of Vietnam Textile and Apparel Association requested Vietnam Trade Office abroad, especially in areas that are major export markets of the industry, to grasp information and provide early warnings so that domestic enterprises can take response measures.
Source: Vitic/ congthuong.vn
Imports and exports reached more than 70 billion USD/month for first time in 2024
Cambodia - Vietnam's largest petroleum export market
Vietnam steel market update mid- August 2024
DAILY: Vietnamese pepper prices rose by 500-1000 VND on August 14, 2024
Ministry urges attention to food safety regulations when exporting to Singapore
DAILY: Vietnamese coffee prices decreased by 2000 VND on August, 14 2024
Vietnam to cut raw exports and strengthen exports of processed and manufactured industrial goods
Processed and manufactured industrial products maintained leading position
Frozen tuna meat is Vietnam's main export product to UK
Vietnam exports more than 5,400 tonnes of star anise to Indian market
Discerning selection helps Vietnam attract high quality FDI projects: minister
Ministry to study packages to support enterprises in remaining months of this year
Vietnam to stimulate consumption and expand market for industrial products
List of 4 agricultural products with a turnover of billions of USD in the first 7 months of this year