Vietnam Ranks Fourth among Apparel Exporters to U.S
Vietnam is now the fourth biggest textile and garment exporter to the U.S. market with a turnover of US$2.4 billion in the first half, the Tuoi Tre newspaper reported, citing Vietnam&rsquos Ministry of Industry and Trade.
The ministry added the market-share of Vietnamese apparel products on the world&rsquos map also increases to 5.49 per cent from 4.73 per cent last year.
Prices of Vietnam-made textiles and garments shipped to the U.S. strongly grow, up 26 per cent on-year, according Le Quoc An, chairman of the Vietnam Textile and Garment Association (Vitas).
At present, unit price is US$1.70/sq.m on average on the world market while Vietnam&rsquos unit price on the U.S. market is US$2.93/sq.m, just behind Sri Lanka US$3.64/sq.m, An added.
Meanwhile, the unit price of China, the largest apparel exporter to the U.S., reduces by 2 per cent compared the same period last year.
This year, Vietnam is expected to ship US$5.4 billion worth of textiles and garments to the U.S. market to secure second place behind China in the export of these products stateside. (Youth)
Vietnamese
