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Australia's apparel imports from Vietnam grow despite overall slowdown

11 Dec '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Australia's apparel imports from Vietnam registered a notable *.* per cent increase in the first three quarters of 2023, reaching $********.*** million.
  • While Australia's overall apparel imports showed a slowdown, with a *.* per cent decrease during the same period, Vietnam maintained its position as the third-largest apparel supplier to Australia.

*.*pt"> Vietnam was the third-largest apparel supplier for Australia, with shipments valued at $***.*** million during January-September ****. The latter imported *.** per cent of its apparel from Vietnam during this period. China and Bangladesh were the first and second-largest apparel supplying countries, respectively, for Australia&#**;s total imports, which amounted to $*.*** billion. 

*.*pt"> However, Australia&#**;s apparel imports slowed down from Vietnam and the world at large. Inbound shipments totalled $*.*** billion during January-September ****, representing a decrease of *.** per cent compared to the same period the previous year. Nevertheless, imports from Vietnam increased by *.* per cent to $***.*** million during January-September ****, up from $***.*** million in the same period last year, as reported by *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

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