Vietnam’s textile and garment exports to South Korea records USD 1.64bn in 2013

By bne IntelliNews January 28, 2014

Vietnam’s textile and garment exports to South Korea expanded 53.5% y/y recording USD 1.64bn last year, while the nation overall exports to South Korea accelerated 18.9% y/y posting USD 6.6bn. The two nations are working to finalise a free trade agreement (FTA), as it would improve the flow of capital, labour and goods.

The country’s import from South Korea for textile, garment and footwear increased 19% y/y registering USD 2.63bn during the period.

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