Hong Kong's apparel imports from Vietnam rise

20 Nov '22

2 min read

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Hong Kong’s apparel imports from Vietnam have been on an upward trend in the last three quarters of this year, while imports from Bangladesh have remained volatile. Hong Kong is a special administrative region of China on the eastern Pearl River Delta in South China.

Hong Kong’s apparel imports from Vietnam increased to $69.067 million in Q2 2022 and $72.460 million in Q3 2022 from $64.764 million in Q1 2022. The imports were noted at $70.419 million in Q4 2021, $69.258 million in Q3 2021 and $56.264 million in Q2 2021, according to Fibre2Fashion’s market insight tool TexPro.

For the first nine months of this year, Hong Kong imported apparel worth $206.293 million from Vietnam. Its annual imports from the country were $262.457 million in 2021, $242.226 million in 2020 and $313.969 million in 2019.

Hong Kong’s apparel imports from Bangladesh increased to $39.480 million in Q1 from $31.968 million in Q4 2021. The imports amounted to $27.080 million in Q2 2022, $31.163 million in Q3 2022, $23.013 million in Q2 2021 and $27.601 million in Q3 2021, as per TexPro.

For the first nine months of this year, Hong Kong imported apparel worth $97.725 million from Bangladesh. Its annual imports from the country were $109.771 million in 2021, $89.767 million in 2020 and $139.257 million in 2019.

Fibre2Fashion News Desk (KUL)

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