Home breadcru News breadcru Trade breadcru  | Vietnam's textile & garment exports rise 13.4% in Jan-Feb 2024

Prime Content | 
Vietnam's textile & garment exports rise 13.4% in Jan-Feb 2024

28 Mar '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • In Jan-Feb 2024, Vietnam's textile and garment exports increased by ***.* per cent YoY to $*,*** billion, despite a month-on-month decline in February.
  • The US, Japan, and South Korea were key markets.
  • Yarn exports also grew, with China and India being major recipients.
  • Vietnam's textile and apparel export target for 2024 has been adjusted to $** billion.

Simultaneously, Vietnam&#**;s yarn exports saw an **.* per cent increase year-on-year to $***.*** million. In terms of volume, there was a **.* per cent rise, with the country exporting ***,*** tons of yarn in the first two months of ****. However, on a month-on-month basis, yarn exports fell by **.* per cent in value and **.* per cent in volume.

The US remained the main market for Vietnam&#**;s textile and garment exports, making up **.** per cent of the total, equivalent to $*.*** billion. Japan and South Korea were also significant markets, with exports amounting to $***.*** million and $***.*** million, respectively.

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!