During the first two months of 2025, Vietnam’s yarn exports dropped by 2.8 per cent year-on-year to $648.158 million. In volume terms, yarn exports increased by 2.3 per cent, with the country exporting 284,389 tonnes of yarn in the first two months of 2025.
On a month-on-month basis, textile and garment exports decreased 23.5 per cent to $2.440 billion in February 2025 over the previous month. Yarn exports gained by 15.2 per cent in value and 16.5 per cent in volume in February 2025. The country exported 153,092-ton yarn, valued at $347.058 million during the month.
The United States remained the largest market for Vietnam’s textile and garment exports, accounting for 43.63 per cent of the total, equivalent to $2.458 billion in the first two months of 2025. Japan and South Korea were also key markets, with exports amounting to $689.718 million and $536.283 billion, respectively.
For Vietnam’s yarn exports, China was the largest buyer, accounting for 43.36 per cent of the country’s total yarn shipments, valued at $281.834 million. Yarn exports to India were valued at $13.253 million during January-February 2025.
On the import side, Vietnam’s cotton imports rose 9.6 per cent year-on-year to $526.953 million in January-February 2025. The volume of imported cotton increased 23.9 per cent year-on-year to 301,899 tonnes. The country also imported 189,337 tonnes of yarn, valued at $405.833 million, reflecting a 14.8 per cent increase in value and in 12.8 per cent in volume. Fabric imports totalled $2.110 billion, up 7.5 per cent year-on-year.
During 2024, Vietnam had exported textiles and garments worth $37.036 billion, 11.2 per cent up from the shipment of the previous year 2023. It had also exported 1.873-million-ton yarn valued at $4.407 billion in the last year. Yarn exports gained 1.2 per cent in value and 5.0 per cent in volume. The country also imported 1.503-million-ton cotton, valued at $2.884 million. The value and volume grew 1.8 per cent and 12.3 per cent year-on-year respectively. It also imported 1.243 million tonnes of yarn, valued at $2.713 billion, reflecting a 23.8 per cent increase in value and 18.1 per cent rise in volume. Fabric imports reached $14.905 billion, up 14.5 per cent year-on-year.
ALCHEMPro News Desk (KUL)
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