ANTD.VN - Although Vietnam's textile and garment exports decreased this year, exports to Australia still increased.
| This deal promotes information on green production, serving the needs of trade connections, investment, and the supply of raw materials and components. |
According to the Vietnam Trade Office in Australia, in the first nine months of 2023, Australia's garment imports decreased by 11.5% compared to the same period in 2022.
Nevertheless, Australia's imports of Vietnamese textiles and garments increased by 10% compared to the same period last year.
According to statistics from the General Department of Vietnam Customs, exports of this product category to Australia increased by 8% in the first 10 months compared to the same period in 2022 and by 38.2% compared to the same period in 2021.
The trade deal assesses that the 8% increase in textile and garment export turnover is not only significant in the current context but also ensures the maintenance of the textile and garment export turnover that has achieved a remarkable surge in the last two years (this year maintaining a level of approximately 500 million USD).
In addition, the 17.6% increase in textile and footwear raw materials also opens up new avenues for export and industry cooperation between the two countries.
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