New Zealand’s apparel imports from Vietnam remained positive in the first quarter of the current yea

INSIGHTS

•In Q1 2023, New Zealand’s imports of Vietnamese apparel amounted to $17.824 million, slightly higher than previous quarters.

-January to March 2023: $17.824 million

-The growth from 2022 till present

+January to March: $16.731 million

+April to June: $19.433 million

+July to September: $14.148 million

+October to December: $17.577 million

•Despite fluctuations in 2022, there was overall growth in imports compared to 2021.

Compared with previous years:

In 2019: $44.164 million

In 2020: $39.026 million

In 2021: $53.259 million

•In January-April 2023, Vietnam was New Zealand’s 3rd largest apparel supplier, accounting for 5.43 per cent of the total $436.756 million in imports.

New Zealand’s total apparel imports amounted to $436.756 million during this period

China: 62.12 per cent

Bangladesh: 11.37 per cent

Vietnam: $23.733 million, which represented 5.43 per cent