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Vietnam's textile & garment exports rise 10.6% to $33.6 bn in Jan-Nov

20 Dec '24
2 min read
Vietnam's textile & garment exports rise 10.6% to $33.6 bn in Jan-Nov
Vietnam's textile & garment exports rise 10.6% to $33.6 bn in Jan-Nov

Insights

  • Vietnam's textile and garment exports (excluding yarn) rose ***.* per cent YoY to $**.** billion from January to November 2024, despite a * per cent MoM dip in November.
  • Yarn exports grew *.* per cent YoY to $*.*** billion.
  • The US, Japan, and South Korea were key textile markets, while China led in yarn imports.
  • Cotton imports rose *.* per cent to $*.** billion.

During the eleven-month period, Vietnam’s yarn exports rose slightly by *.* per cent year-on-year, totalling $*.*** billion. In volume terms, yarn exports increased by *.* per cent, with the country exporting *.*** million tonnes of yarn in the first ** months of ****. On a month-on-month basis, yarn exports eased by *.* per cent in value and *.* per cent in volume. In November ****, Vietnam exported ***,*** tonnes of yarn, valued at $***.*** million.

The United States remained the largest market for Vietnam’s textile and garment exports, accounting for **.** per cent of the total, equivalent to $**.*** billion. Japan and South Korea were also key markets, with exports amounting to $*.*** billion and $*.*** billion, respectively.

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