Significant Increase In The Proportion Of Vietnamese Textile Exports In The First Four Months Of 2021

Vietnam's "Business Daily" reported on May 5 that Vietnam's textile exports in the first four months of this year reached 9.51 billion US dollars, a year-on-year increase of 9%. The export value of fiber and yarn reached 1.64 billion US dollars, an increase of 43.4%; the export value of textile and leather footwear raw materials reached 642 million US dollars, an increase of 14.1%.

The Ministry of Industry and Trade of Vietnam stated that in the context of the gradual recovery of some of Vietnam’s main export markets and good use of the signed and effective free trade agreements, the textile industry in Vietnam in the first four months of this year has performed more than the same period last year. As a positive signal.

In April this year, Vietnam's textile manufacturing index increased by 2.7% month-on-month and 17.3% year-on-year; the garment manufacturing industry increased by 3.9% month-on-month and 29.4% year-on-year. Overall, in the first four months of this year, the textile production index increased by 7.8% year-on-year, the apparel manufacturing industry increased by 9.5%, and leather and related products increased by 11%.