Garments remain VN's top export item

VGP – Garment export revenue is estimated at US$7.5 billion in the first six months, up 6% against the same period last year, making it Vietnam’s top export item.

June 20, 2012 7:07 PM GMT+7

Garment export to the US accounts for 51% of the total export volume, followed by the by the EU with 16%, Japan 13%, the Republic of Korea 6%.

The competitive advantages of Vietnamese garments in the European market still remain high. Though the market’s demand fell by 5%, Vietnamese enterprises only suffered from 1.5% decrease in contract number, said Deputy Director of Vietnam Textile and Garment Group (Vinatex) Le Tien Truong.

By Huong Giang