Vietnam is increasingly challenging China’s dominance in the US apparel market.
In Q1 2024, Vietnam secured an 18.22 per cent market share, closely trailing China’s 19.95 per cent.
This shift is partly due to the trade war and the pandemic’s impact on China.
Vietnam’s market share has steadily risen since 2019, while China’s share has consistently declined.Vietnam is increasingly challenging China’s dominance in the US apparel market.
In Q1 2024, Vietnam secured an 18.22 per cent market share, closely trailing China’s 19.95 per cent.
This shift is partly due to the trade war and the pandemic’s impact on China.
Vietnam’s market share has steadily risen since 2019, while China’s share has consistently declined.
