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Vietnam's yarn exports at $2.42 bn in Jan-Aug, China dominates market

03 Nov '24
2 min read
Vietnam's yarn exports at $2.42 bn in Jan-Aug, China dominates market
Vietnam's yarn exports at $2.42 bn in Jan-Aug, China dominates market

Insights

  • Vietnam exported yarn worth $****.** billion from January to August 2024, with China being the largest buyer, accounting for **.** per cent.
  • Other key markets included South Korea, the US, Japan, and Taiwan.
  • In the same period, fabric exports totalled $***.*** million, with Indonesia as the top buyer at **.** per cent.
  • Compared to 2023, Vietnam's yarn exports declined slightly.

Vietnam’s yarn exports to China during the first eight months of this year amounted to $*,***.*** million, representing **.** per cent of the total exports. Exports to South Korea were valued at $***.*** million, accounting for **.** per cent. Similarly, shipments to the United States totalled $**.*** million (*.** per cent), to Japan $**.*** million (*.** per cent), and to Taiwan $**.*** million (*.** per cent), according to Fibre2Fashion&#**;s market insight tool TexPro.

In the corresponding period of ****, Vietnam’s yarn exports were valued at $*,***.*** million, with China purchasing $*,***.*** million, or **.** per cent of the total. Vietnam’s yarn exports to South Korea during this period amounted to $***.*** million (**.** per cent), to Japan $**.*** million (*.** per cent), to the United States $**.*** million (*.** per cent), and to Indonesia $**.*** million (*.** per cent).

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