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Vietnam's yarn imports from India drop in Jan-July 2023

18 Oct '23
2 min read
Indian minister of external affairs S Jaishankar (L) with Vietnamese Prime Minister Pham Minh Chinh. Pic: @DrSJaishankar/X (formerly Twitter)
Indian minister of external affairs S Jaishankar (L) with Vietnamese Prime Minister Pham Minh Chinh. Pic: @DrSJaishankar/X (formerly Twitter)

Insights

  • From January-July ****, Vietnam imported yarn worth $****** million from India, which was **** per cent of its total yarn imports.
  • The trade declined from $****** million in January-July ****.
  • Despite the dip, both nations are seeking ways to boost trade, recently discussing an increase in trade from $**** billion in **** to $**** billion in the near future.

Vietnam’s yarn imports from India fell by **.** per cent to $**.*** million in January-July **** and further decreased by **.** per cent to $**.*** million in January-July ****, according to data from *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

Last year, Vietnam imported yarn valued at $*,***.*** million, of which $***.*** million (*.** per cent) came from India. More than ** per cent of Vietnam&#**;s yarn imports were from its top suppliers China and Taiwan. 

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