TITLE

Trade Growth To Continue

PUB. DATE
August 2004
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Aug2004, Vol. 15 Issue 8, p4
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
Vietnam achieved strong trade growth during 2003, as recently introduced trade liberalisation measures succeeded in opening up the economy, and booming domestic demand increased demand for imports. Total exports in 2003 were put at US $19.26bn, with crude oil the top earner, accounting for 19.0% of overall exports by value. Textiles and garments were the second most important export component, accounting for 18.3% of the total, followed by footwear (11.2%), seafood (11.0%), rice (4.0%) and coffee (2.4%). Meanwhile, exports of garments and textiles rose by 31.9%, with most of the increase going to the U.S., as companies tried to maximise exports ahead of the imposition of quotas by the U.S. in September 2003.
ACCESSION #
13886763

 

Related Articles

  • Honduras & Nicaragua join CAFTA.  // Indian Textile Journal;May2006, Vol. 116 Issue 8, p130 

    The article reports that Honduras and Nicaragua have joined the Central American Free Trade Agreement. The move eases previous concerns that the April 1, 2006 target date would be pushed back to July. Both countries had completed and implemented necessary changes in their laws and regulations...

  • India benefits on quotas end. Kovac, Matt // ICIS Chemical Business;11/20/2006, Vol. 1 Issue 44, p12 

    The article discusses a report from research company Textiles Intelligence regarding the textiles boom in India during 2005, the first year of quota-free trade. According to the report, export sales to the U.S. grew by 34% and to the European Union by 30%. Robust GDP growth, economic...

  • Exporting in a Global Economy. Mittelstaedt, John D.; Jones, Scott A. // AATCC Review;Jun2006, Vol. 6 Issue 6, p39 

    Increasingly, the competitiveness of U.S. firms relies on their ability to tap international markets, especially through exporting. While the artificial and natural barriers to trade have declined in the last three decades, the ability of firms to use exporting as a tool to remain globally...

  • Who fears China: India or USA? Panthaki, M. K. // Indian Textile Journal;Feb2004, Vol. 114 Issue 5, p63 

    This article examines the implications of cheap imports from China for the textile industry in India and the U.S. Imports into India of Chinese garments constituted about 12%-28% of the total imports of garments in 2001-2002 and aggregated almost 48% of the total value of garments imported into...

  • Mexico's trade talks with 4 nations.  // Indian Textile Journal;Sep2004, Vol. 114 Issue 12, p133 

    This article reports on the trade negotiations initiated by Mexico with Bolivia, Colombia, Ecuador and Peru. Mexico intends to export textile fibres and fabrics to these nations that would be used by them to manufacture clothing to be exported to the U.S. market as part of the trade agreement...

  • BRUSSELS UNSTITCHED. Gumbel, Peter // Time International (South Pacific Edition);9/5/2005, Issue 35, p11 

    The article reports that a deal in June 2005 between the European Union's Trade Commission and China limited some Chinese textile exports to the European Union. This resulted in an enormous pile of impounded clothing. European Union's Trade Commissioner Peter Mandelson is now under pressure from...

  • Blood Bath or Bubble Bath?  // Home Textiles Today;10/4/2004, Vol. 26 Issue 6, p38 

    This article discusses the issue of quota elimination as interpreted by Chinese industries. Many of them are small enterprises, and because of quota restrictions, they've not been exposed to the rigors of American business. These companies will get chewed up in the new world of free trade....

  • DR-CAFTA: One Year On.  // Latin America Monitor: Central America Monitor;Apr2007, Vol. 24 Issue 4, p3 

    The article discusses the economic outlook for El Salvador for 2007. Based on the article, the country's exports increased steadily, but not dramatically, one year after it joined the Dominican Republic-Central America Free Trade Agreement (DR-CAFTA). The opposition Farabundo Martí National...

  • Wool Textile Exports Up Again.  // Textile Institute & Industry;Sep1964, Vol. 2 Issue 9, p196 

    The article reports on the increase of the total export earnings of the British wool textile industry in 1964. By the end of June, it rose up to seven percent which resulted in the improvement of total profit to £ 91.5 million in the first half of the year. Moreover, the wool yarn export...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics