Indonesia's apparel imports from Vietnam rises 4x to $10 mn

24 Dec '22

1 min read

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Indonesia’s apparel imports from Vietnam jumped more than four times to reach $10.057 million in September 2022 compared to the shipment of $2.354 million in August 2022. The imports already amounted to $41.394 million in the first nine months of 2022.

The monthly imports of Indonesia from Vietnam were at $5.257 million in July 2022, $3.801 million in June 2022, $1.232 million in May 2022 and $2.719 million in April 2022, according to Fibre2Fashion’s market insight tool TexPro.

The upward trend was also noticed in July-September 2022 when the imports reached $17.669 million from $7.753 million in April-June 2022. They amounted to $15.972 million in Q1 2022, $13.308 million in Q4 2021, $12.089 million in Q3 2021 and $17.115 million in Q2 2021.

The annual apparel imports of Indonesia from Vietnam were recorded at $53.543 million in 2021, $41.611 million in 2020, $62.720 million in 20219, $48.155 million in 2018 and $33.267 million in 2017, as per TexPro.

As for Indonesia’s apparel exports to Vietnam, they were at $12.873 million in the first three quarters of the current year. Last year, the exports reached $14.455 million. Indonesia is a net importer in bilateral textile trade with Vietnam.

Fibre2Fashion News Desk (KUL)

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