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EU’s apparel import from Vietnam rises, but still below pre-FTA level.

2022-10-11 02:00 Textile BUSINESS & TRADE
Apparel import of European Union (EU) from Vietnam shows upward trend in recent quarters as the bilateral trade boosted after the Free Trade Agreement (FTA). However, an analysis shows that EU’s apparel import from Vietnam could not breach the pre-FTA level. European Union and Vietnam signed FTA in mid-2019, and it came into effect from August 2020.Apparel import of European Union (EU) from Vietnam shows upward trend in recent quarters as the bilateral trade boosted after the Free Trade Agreement (FTA). However, an analysis shows that EU’s apparel import from Vietnam could not breach the pre-FTA level. European Union and Vietnam signed FTA in mid-2019, and it came into effect from August 2020.