Vietnam is the RoK’s second largest trade partner in terms of garment and textile. Its key commodities exported to the RoK included coats, jackets, trousers, shorts, sportswear, T-shirts and gloves.
Textile and garment exports to the RoK are forecasted to pick up in the coming time.
The US was the largest importer of textile and garment products from Vietnam which saw its shipments increasing by 14.6% to US$7.17 billion, followed by the EU by 10.5% to US$2.2 billion.
The country’s total export turnover reached nearly US$14.8 billion in the past ten months of this year, a-year-on-year increase of 18.5%.