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$) | |
USA | 1,014,571,306 | 11,008,870,254 |
Japan | 360,588,123 | 2,938,721,423 |
South Korea | 351,286,606 | 2,430,439,836 |
Canada | 81,901,069 | 848,643,870 |
China | 79,692,963 | 827,491,050 |
Netherlands | 63,605,704 | 705,433,643 |
Germany | 45,672,727 | 631,791,523 |
Cambodia | 76,453,836 | 612,430,467 |
United Kingdom | 43,833,716 | 503,499,960 |
Spain | 43,712,461 | 415,090,755 |
Source: General Department of Customs