Hong Kong’s apparel imports from Vietnam rise

Hong Kong’s apparel imports from Vietnam increased to $69.067 million in Q2 2022 and $72.460 million in Q3 2022 from $64.764 million in Q1 2022. The imports were noted at $70.419 million in Q4 2021, $69.258 million in Q3 2021 and $56.264 million in Q2 2021, according to Fibre2Fashion’s market insight tool TexPro. 

Hong Kong’s apparel imports from Vietnam have been on an upward trend in the last three quarters of this year, while imports from Bangladesh have remained volatile. During the first nine months of this year, Hong Kong imported apparel worth $206.293 million from Vietnam. Its imports from Bangladesh were at $97.725 million for the same period.

For the first nine months of this year, Hong Kong imported apparel worth $206.293 million from Vietnam. Its annual imports from the country were $262.457 million in 2021, $242.226 million in 2020 and $313.969 million in 2019. 

Hong Kong’s apparel imports from Bangladesh increased to $39.480 million in Q1 from $31.968 million in Q4 2021. The imports amounted to $27.080 million in Q2 2022, $31.163 million in Q3 2022, $23.013 million in Q2 2021 and $27.601 million in Q3 2021, as per TexPro. 

For the first nine months of this year, Hong Kong imported apparel worth $97.725 million from Bangladesh. Its annual imports from the country were $109.771 million in 2021, $89.767 million in 2020 and $139.257 million in 2019. 

Fibre2Fashion News Desk (KUL)