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🇻🇳 Garment exports drop in September after four months of increases

Vietnam Plus is reporting that garment and textiles exports increased in August for the fourth month in a row, with US$3.4 billion exported, up 5.5% month on month. Customs data from September, however, reveals that this upward run was short-lived with textile and garment exports reaching just US$2.57 billion in September, down 25.5 percent on August. This brings the total textile and garment exports for the year to US$25.1 billion a 13.6 percent drop year-on-year.

Top 10 export markets for Vietnam textiles and garments, September 2023

September (US$)Year to day (US$)
USA1,014,571,30611,008,870,254
Japan360,588,1232,938,721,423
South Korea351,286,6062,430,439,836
Canada81,901,069848,643,870
China79,692,963827,491,050
Netherlands63,605,704705,433,643
Germany45,672,727631,791,523
Cambodia76,453,836612,430,467
United Kingdom43,833,716503,499,960
Spain43,712,461415,090,755

Source: General Department of Customs

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