According to the latest preliminary statistics of the General Department of Customs, Vietnam's textile and garment export turnover reached 4.29 billion USD in July 2024, up 12.4% over the same period last year and up 16.1% over the previous month.

In July 2024, textile and garment export turnover reached its highest level since August 2022. Photo: Quang Vinh

Of which: Textile fiber products reached 373.3 million USD, down 2.7% over the same period, up 6% over the previous month; textiles and garments reached 3.71 billion USD, up 13.7% over the same period, up 17.6% over the previous month; curtain fabrics and other technical fabrics reached 68.2 million USD, up 34.7% over the same period, up 7% over the previous month; textile, garment, leather and footwear materials reached 135 million USD, up 17.2% over the same period and up 10.1% over the previous month.

Accumulated in the first 7 months of 2024, Vietnam's textile and garment exports reached 23.9 billion USD, up 5.9% over the same period, equivalent to an increase of 1.33 billion USD, of which: Textile fibers reached 2.53 billion USD, up 3.5% over the same period; textiles and garments reached 20.2 billion USD, up 6.3% over the same period; other technical fabrics and pieces reached 458 million USD, up 18% over the same period; textile, garment, leather and footwear materials and accessories reached 878 million USD, up 11.4% over the same period.

Despite the positive results, Mr. Truong Van Cam - Vice President of Vietnam Textile and Apparel Association said: Currently, the world economy is having many fluctuations that will affect export industries, including the textile and garment industry.

According to Mr. Cam, especially the increase in technical barriers in Vietnam's textile and garment import markets and domestic enterprises' lack of information about these technical measures, such as: the US's Anti-Uyghur Forced Labor Act, the German Supply Chain Inspection Act, the EU's Supply Chain Inspection Directive...

Faced with the above difficulties, at the July 2024 Trade Promotion Conference of the Ministry of Industry and Trade, a representative of the Vietnam Textile and Apparel Association requested that the Vietnam Trade Offices abroad, especially in areas that are major export markets of the industry, grasp information and provide early warnings so that domestic enterprises can take response measures.