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Vietnam's textile & garment exports jump 38.9% to $3.13 bn in Jan 2024

26 Feb '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • In January, Vietnam's textile and garment exports surged ***.* per cent, reaching $***.** billion, with yarn exports increasing by ** per cent.
  • The US, Japan and South Korea were major export markets.
  • Despite a ** per cent decline in 2023, the sector aims for $** billion in 2024 exports.
  • Vietnam's textile sector shows resilience amid global market challenges.

Simultaneously, Vietnam&#**;s yarn exports increased by ** per cent year-on-year to $***.*** million. In volume terms, the country saw an **.* per cent increase, exporting ***,*** tons of yarn in January ****. On a month-on-month basis, yarn exports gained *.* per cent in terms of value and * per cent in terms of volume.

The US remained the primary market for Vietnam&#**;s textile and garment exports, accounting for **.** per cent, or $*.*** billion, in the first months of the current year. Japan and South Korea were also major markets, with exports totalling $***.*** million and $***.*** million, respectively.

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