According to the Ministry of Industry and Trade, the textiles and garment industry gained the second-largest export value in the first four months of 2018, after the export value of phones and their components.
The export value of textiles and garments in the first four months was estimated at 8.6 billion USD, a year-on-year increase of 15.7 percent.
In terms of export markets, the United States ranked first, with the export value of textiles and garments from Vietnam reaching 3.04 billion USD, a year-on-year surge of 11.6 percent. This accounted for 47.3 percent of the total garment export value.
The export value of textiles and garments from Vietnam to Japan reached 855.44 million USD, 19.6 percent higher than the same period last year, accounting for 13.3 percent of the total export value.
The export value of textiles and garments to the Republic of Korea stood at 798.6 million USD and 268.95 million USD to China, an increase of 14.8 percent and 40.9 percent, respectively, against the same period in 2017.
