Home breadcru News breadcru Trade breadcru  | Vietnam's apparel export to EU-27 hit $2.68 bn in Jan-Aug

Prime Content | 
Vietnam's apparel export to EU-27 hit $2.68 bn in Jan-Aug

15 Nov '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • From January-August ****, Vietnam's apparel exports to EU-27 reached $****, with **** million units averaging $*.** each.
  • Despite global economic challenges, the average price saw a marginal rise in **** following a *.* per cent increase in ****.
  • This follows consistent growth from $**** billion in **** and $**** billion in ****.

Vietnam exported ***.*** million units of clothing last year to EU-** at an average price of $*.** per unit. In ****, shipments were valued at $*.*** billion, with ***.*** million units sent to EU-** at an average price of $*.** per unit, according to trade data from *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

The significant increase in the per-unit price of garments after **** reflected the impact of the unprecedented rise in raw material costs and the general inflationary effect. The average price of exported garments rose by *.** per cent in **** over **** and increased slightly in ****, despite a global economic slowdown. 

Get Free Weekly Market Insights Newsletter

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