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Philippines textile imports from Vietnam face challenges despite gains

28 Jan '25
2 min read
Philippines textile imports from Vietnam face challenges despite gains
Philippines textile imports from Vietnam face challenges despite gains

Insights

  • The Philippines' apparel imports from Vietnam fell ****.** per cent to $**.*** million in Jan-Oct 2024, while home textile imports rose **.** per cent to $**.*** million.
  • Vietnam ranked second for home textiles and fourth for fabric imports, which eased **.** per cent to $**.*** million.
  • Vietnam-Philippines trade surpassed $*.*** billion in 2024, growing ** per cent year-on-year.

According to Fibre2Fashion&#**;s market insight tool TexPro, the Philippines imported apparel worth $**.*** million in the first ten months of ****. This was **.** per cent lower than the imports of $**.*** million during the corresponding period of ****. The imports totalled $**.*** million in ****. Vietnam was the second-largest supplier of apparel imports to the Philippines, with a share of **.** per cent of the Philippines&#**; total imports of $***.*** million during January-October ****.

The country’s imports of home textiles from Vietnam were valued at $**.*** million in the first ten months of ****. This was **.** per cent higher than the imports of $**.*** million during the same period of ****. The Philippines&#**; imports of home textiles from Vietnam totalled $**.*** million in ****.

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