Garment exports reach nearly US$6 billion
(VOV) -Garment and textile exports jumped 21.3% in the first four months of this year, fetching nearly US$6 billion, according to Vietnam Customs statistics.
The US remained the largest market for Vietnamese garment and textiles, importing US$2.95 billion worth of the products, up 19.4% compared to the same period last year, accounting for 49% of the country’s total.
It was followed by the EU and Japan that purchased US$830 million and US$784 million respectively.
Most notably, Vietnamese garment exports to the United Arab Emirates (UAE) rose 131% to US$35.8 million.
The Ministry of Industry and Trade says there is ample room for future growth in Vietnamese exports to the UAE as its demand for textiles imports is approximately US$6 billion each year.