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Vietnam third top apparel supplier for Singapore with 9% share

08 Dec '24
2 min read
Vietnam third top apparel supplier for Singapore with 9% share
Vietnam third top apparel supplier for Singapore with 9% share

Insights

  • Vietnam is Singapore's third-largest apparel supplier, contributing * per cent of its $**** million apparel imports in the first three quarters of 2024.
  • Imports from Vietnam rose **.*7 per cent year-on-year to $****.* million.
  • In 2023, Vietnam's apparel exports to Singapore were valued at $****.* million.
  • For home textiles, Vietnam ranked fourth, with a *.*8 per cent share.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien met Singaporean Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong on the sidelines of the CPTPP Commission meeting held in the last week of November in Vancouver.

According to Fibre2Fashion’s market insight tool TexPro, Singapore’s apparel imports from Vietnam stood at $***.*** million, out of its total apparel imports of $*,***.*** million in the first nine months of the current year. The imports from Vietnam were **.** per cent higher than the inbound shipment of $***.*** million in the same period of the last year.

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