Vietnam's cloth import down 10.9 pct in 4 months

Source: Xinhua| 2020-05-06 13:15:06|Editor: huaxia

HANOI, May 6 (Xinhua) -- Vietnam spent over 3.6 billion U.S. dollars importing cloth in the first four months of this year, posting a year-on-year decrease of 10.9 percent, according to the country's Ministry of Industry and Trade on Wednesday.

Between January and April, Vietnam imported 543,000 tons of cotton worth 893 million U.S. dollars, up 4.2 percent in volume and down 8 percent in value.

The country also spent more than 758 billion U.S. dollars importing 369,000 tons of yarn in the same period, down 2.1 percent and up 8.7 percent respectively.

In 2019, Vietnam poured over 13.3 billion U.S. dollars in importing cloth, up 4.4 percent on-year, nearly 2.6 billion U.S. dollars in importing cotton, down 14.8 percent and more than 2.4 billion U.S. dollars importing yarn, down 0.5 percent, according to the country's General Statistics Office.

Vietnam reaped roughly 32.6 billion U.S. dollars from exporting garments and textiles last year, up 6.9 percent against 2018, according to the office. Enditem