Vietnam Textile Sales to U.S. Surpass India, Second Behind China
Aug. 8 – Vietnam has surpassed India to move to second behind China in apparel exports to the United States, shipping garments worth US$4.76 billion in May this year against India's exports of US$3.14 billion.
Out of the total US$73 billion dollars annual imports by the US till May-end, Vietnam managed to capture 6.55 per cent share while China remained the largest exporter to the American market with 30.6 per cent share, according to data released by the U.S. Department of Commerce.
Pushing the country’s growth has been the large number of Chinese garment makers have shifted their operations to Vietnam to benefit form lower production costs.
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