Vietnamese garments and textiles reach 66 international markets

Monday, 21/11/2022 16:27
Vietnam’s garment and textile products have been exported to 66 countries and territories, in which prominent markets include the European Union, the United States and the Republic of Korea, according to a report by the Vietnam Textile and Apparel Association.
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In the garment and textile industry, 47-50 items are exported to other countries. (Photo: thesaigontimes.vn) 

Notably, exports to the US market reached 13.9 billion USD; countries in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, 4.733 billion USD; countries in the European Union, 3.63 billion USD; the Republic of Korea, 2.525 billion USD; and China, 925 million USD.

In the first 10 months of 2022, export turnover of the commodity reached 37.9 billion USD, a year-on-year rise of 17.2%.

According to the Vietnam Textile and Apparel Association, there are 47-50 garment and textile products exported to other countries and territories. In which, exports of clothing and apparel products reached 29.1 billion USD, accounting for the highest proportion in the total export turnover of the industry.

The association added that, by the end of the year, the industry targets 42-43 billion USD of export turnover. In 2023, garment and textile exports are expected to reach 45-47 billion USD.

For the domestic market, in the 10 months, domestic revenue of Vietnam’s garments and textiles industry reached 4.8 billion USD. In particular, the rate of textile and garment enterprises selling goods through e-commerce in the year increased to 18-20%./.

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