Vietnam’s textile, garment exports to Indonesia increasing: TexPro
Vietnam’s textile and garment export turnover to Indonesia reached US$10.057 million in September 2022, more than four times that of the previous month.
According to the market analysis tool TexPro of the US website Fiber2Fashion, the figure was US$2.354 million in August, US$5.257 million in July, US$3.801 million in June, US$1.232 million in May and US$2.719 million in April.
The increase trend was recorded in the third quarter of 2022 when the figure neared US$17.7 million, up from US$7.753 million in the second quarter, and US$15.972 million in the first quarter.
Last year, the figure was US$13.308 million in the fourth quarter, US$51 million in the third quarter, and US$12 million in the second quarter.
Indonesia's garment and textile imports from Vietnam reached US$53.543 million in 2021 and US$41.611 million in 2020.
For the last few years, Indonesia has been a net importer of clothing products from Vietnam.