Clothing exports to Indonesia set new record

10:51 | 12/11/2015 Trade

Clothing and textile exports to Indonesia for the nine months leading up to October soared to a 10 year high, according to the Vietnam Textile and Garment Association (VITAS).

Clothing exports to Indonesia set new record

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For the January-September period, VITAS reported overseas consignments spiked 55% on-year to US$93.4 million.

Based on the better than expected figures, economists at VITAS have raised their prior forecast for exports to Indonesia for 2015 by 53.3% to US126 million.

VITAS also noted exports to Hong Kong for the eight-month period saw strong growth, surging 36% to US$175 million/.

Source: VOVnews