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Vietnam exports to Australia up 27 per cent

  

Vietnam’s garment and textile exports to Australia have increased 27 percent so far this year. Leather and footwear exports surged 41 per cent yearonyear. As of October 2022, Vietnam’s exports to Australia were up 33 per cent year on year.

At International Sourcing Expo which was held in Australia, November 15 to 17, 2022, Vietnam exhibited high quality garment and textile products. Such events are expected to create more opportunities for Vietnamese businesses to access the Australian market.

Australia’s garment imports from Vietnam grew 35 per cent in 2021 compared to 2020. Imports of T-shirts and innerwear grew 70 per cent year on year last year. Trousers and shorts, shirts and jerseys were also among the top five products but witnessed a lower growth. Imports of T-shirts were ten per cent of total apparel imports. Imports of innerwear were eight per cent of total apparel imports. Imports of innerwear grew by 87 per cent in 2021 over the preceding year. Imports of T-shirts also noted an impressive growth of 74 per cent over imports in 2020. Imports of trousers and shorts were 22 per cent of total garment imports and up 27 per cent from 2020. Shirt imports were 13 per cent during 2021, which increased by 43 per cent over the preceding year.

 
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