Vietnamese garment exports to Australia rise despite shrinking market
VOV.VN - Vietnamese garment exports to Australia have kept rising over the past months, though Australia is reducing garment imports from suppliers.
According to https://textalks.com/aussie, Australia’s garment imports decreased by 11.5% in the first nine months of this year but the value of Vietnamese garment shipments to Australia rose by 10% compared to the same period last year.
Meanwhile, statistics unveiled by the General Department of Vietnam Customs show Vietnamese garment exports to Australia in the Jan.-Oct. period this year grew by 8% over the same period in 2022 and by 38.2% over the same period in 2021.
The Vietnamese Trade Office in Australia says to sustain the steady growth it has introduced Vietnamese garment products at the global sourcing expo, the largest in Australia, and used digital platforms to expand opportunities for businesses.
This year, the expo attracted nearly 1,000 suppliers and about 4,000 importers from across the globe to seek partnerships.
Besides introducing garment products, the Vietnamese Trade Office also promoted the export of raw materials for textile-garments and leather shoes. The first 10 months of this year saw the export of these raw materials increase by 17.6% year on year.
However, the trade Office warned that the export of garments to Australia would be more difficult ahead due to the importer’s green production requirements.
