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France's apparel imports from Vietnam witness 33% rise in 2022

23 Apr '23
1 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Vietnam was the tenth-largest apparel supplier to France in 2022, with imports increasing by 33.05 per cent to $793.468 million.
  • The trade between France and Vietnam has shown volatility in previous years.
  • Although Vietnam is a major global supplier of garment exports, its contribution to France's total apparel imports is limited at 2.89 per cent.
In 2022, Vietnam became the tenth-largest supplier of apparel to France, with imports increasing by 33.05 per cent to $793.468 million from $596.644 million in 2021. Vietnam's apparel accounted for 2.89 per cent of France's total import value of $27.440 billion in 2022. 

Trade data shows that there has been volatility in the trade between France and Vietnam in previous years. French imports from Vietnam increased by 18.81 per cent to $656.480 million in 2018 compared to $552.545 million in 2017, but growth slowed to just 2.11 per cent in 2019, reaching $670.353 million. In 2020, amid the COVID-19 pandemic, French imports inched up by 1.76 per cent to $682.168 million, according to Fibre2Fashion's market insight tool TexPro. 

French imports of apparel from Vietnam decreased by 12.54 per cent to $596.644 million in 2021 but increased significantly by 32.99 per cent to $793.468 million in 2022. 

Although Vietnam is a major global supplier of garment exports, its contribution of only 2.89 per cent to France's total apparel imports suggests limited penetration in the Western market. 

Tunisia, Turkiye, Netherlands, Belgium, Germany, Spain, Bangladesh, Italy, and China were all larger apparel suppliers to France than Vietnam, according to TexPro. 

Fibre2Fashion News Desk (KUL)


This according to Fibre2Fashion's Market Intelligence Tool - TexPro

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