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Vietnam's apparel exports to Colombia at $17.8 mn in 2023

Both nations signed a memorandum of understanding (MoU) on trade, investment, and industrial cooperation during the first meeting of the Joint Economic Committee last month. As far as textile trade is concerned, Vietnam primarily exports apparel to Colombia. However, Colombia&#**;s share in Vietnam&#**;s total apparel exports is quite minimal, at just *.** per cent during the first seven months of this year. Vietnam&#**;s total apparel exports amounted to $**.*** billion during this period, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.  Despite the limited share in Vietnam&#**;s exports, Vietnam has contributed significantly to Colombia&#**;s total apparel imports, accounting for *.** per cent of the $***.*** million worth of imports during the same period. Vietnam ranks as the fourth-largest apparel supplier to Colombia, following China, Bangladesh, and Turkiye. 

In ****, Vietnam exported apparel worth $**.*** million to Colombia. This marked an increase compared to the previous years, with exports valued at $**.*** million in ****, $**.*** million in ****, and $**.*** million in ****, as reported by *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">TexPro. Vietnam also exports fabric and yarn to Colombia, albeit in limited quantities.