Vietnam exported US$7.5 billion in apparel and textiles to mainly the United States and Europe between January and October 2009, according to the Vietnamese General Statistics Office.
The Vietnamese government estimated the apparel export market to reach US$9.3 billion in 2009, up 3% from the previous year. Vietnam’s apparel exports to the US increased quickly as the US government in early 2009 stopped monitoring Vietnamese apparel coming into the country.
After the monitoring ended, more US apparel companies felt comfortable about sourcing in Vietnam. Vietnam is the second largest supplier of apparel to the United States, following China.
The US imported US$5.4 billion in apparel and textiles from Vietnam during the one-year period ending August 31, 2009, up 3.7% over the same period of the previous year. China shipped apparel valued at US$32 billion to the United States for the 12 months ending August 2009.
Source: Journal for Asia on Textile & Apparel
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