Home breadcru News breadcru Trade breadcru  | Vietnam 3rd largest apparel supplier to Singapore in Jan-May 2023

Prime Content | 
Vietnam 3rd largest apparel supplier to Singapore in Jan-May 2023

31 Aug '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • In January to May 2023, Vietnam became the third largest supplier of apparel to Singapore, overtaking Indonesia.
  • Singapore imported $***** million worth of goods from Vietnam, making up *.* per cent of its total apparel imports.
  • Despite this climb in ranking, there was a *.* per cent decline in imports compared to the same period in 2022.

In ****, Vietnam was the fourth largest supplier, falling behind China, Italy, and Indonesia, with imports valued at $***.*** million or *.** per cent of Singapore&#**;s total apparel imports, which stood at $*,***.*** million, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">TexPro Fibre2Fashion&#**;s market insight tool. 

Notably, there was a slight decline of *.** per cent in imports from Vietnam in the first five months of **** compared to the same period in ****, when the figure was $**.*** million. Historical data from *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">TexPro shows that the imports were valued at $**.*** million in January-May ****, $**.*** million in January-May ****, and $**.*** million in January-May ****. In annual terms, the trade amounted to $***.*** million in ****, $***.*** million in ****, and $***.*** million in ****

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!