ANTD.VN - Although Vietnam's textile and garment industry's exports decreased this year, exports to Australia still increased.
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| Trade promotion of green production information, serving the needs of trade connection, investment, and supply of raw materials |
According to the Vietnam Trade Office in Australia, in the first 9 months of 2023, Australia's garment imports decreased by 11.5% compared to the same period in 2022.
However, the value of Vietnam's textile and garment imports into Australia increased by 10% compared to the same period last year.
According to statistics from the General Department of Vietnam Customs, exports of this industry to Australia after 10 months increased by 8% compared to the same period in 2022 and increased by 38.2% compared to the same period in 2021.
The trade office assessed that the 8% increase in textile and garment export turnover is not only meaningful in the current context but also ensures the maintenance of the textile and garment export turnover that has achieved a breakthrough in the past 2 years (this year it is maintained at around 500 million USD).
Along with that, the 17.6% increase in textile and footwear materials also opens up a direction for export and cooperation in the industry between the two countries.
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