garments and textiles

Vietnam’s garment manufacturing industry increased by 50.3 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 67.8 percent above 2019 levels.

Vietnam’s yarn exports declined by 21.71 percent month-on-month to US$301.31 million in January, according to Vietnam’s General Department of Customs.

Vietnam’s exports of textiles and garments fell 5.81 percent month-on-month to US$3.19 billion in January, according to Vietnam’s General Department of Customs.

Vietnam’s exports of textile, leather, and footwear materials fell 2.33 percent month-on-month to US$189.23 million in January, according to Vietnam’s General Department of Customs.

Vietnam’s fiber production increased by 92.8 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 108.1 percent above 2019 levels.

Vietnam’s imports of cotton declined by 3.23 percent month-on-month in January to US$225.83 million, according to Vietnam’s General Department of Customs. This follows a decrease from US$233.38 million recorded in December.

Vietnam’s imports of yarn decreased by 18.82 percent month-on-month in January, reaching US$193.46 million, according to Vietnam’s General Department of Customs. This follows a decline from US$238.31 million recorded in December.

Prices for garments, hats, and footwear in Vietnam increased by 0.38 percent in January, with other garments seeing the highest rise at 0.65 percent, according to the Vietnam’s Consumer Price Index.

China remained the largest supplier, contributing US$162.48 million, a 5.28 percent increase from November. India and South Korea also posted growth, with imports rising by 7.47 percent and 14.35 percent, respectively. Bangladesh showed the highest growth rate, with imports increasing by 24.84 percent to US$302,536.

Year-on-year, the sector saw a significant expansion of 23.5 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached 13.7 percent compared to 2023, highlighting a robust performance in this critical industry.

In November 2024, the country produced 663.6 million pieces of casual clothes, showing solid output despite a slight increase in December.

China remained the largest supplier, exporting US$117.37 million in December, a 13.66 percent increase month-on-month. Laos and France showed notable growth, with imports rising 36.48 percent and 46.05 percent, respectively. Imports from Congo nearly doubled, surging 96.14 percent to US$6.15 million. Brazil and New Zealand also recorded significant increases of 38.44 percent and 24.06 percent, respectively.

Brazil remained the largest supplier, with imports increasing by 5.79 percent to US$114.24 million. The USA followed with a significant 21.24 percent rise, reaching US$28.66 million. Ivory Coast showed remarkable growth, with imports surging by 249.83 percent to US$2.37 million.

Year-on-year, the sector grew by 12.4 percent in December 2024 compared to the same month in 2023. For the full year of 2024, cumulative growth was recorded at 12.8 percent compared to 2023, reflecting strong performance throughout the year.

China remained the dominant supplier, exporting US$349.57 million in December, up 5.56 percent month-on-month. Other suppliers collectively contributed US$87.24 million, a significant 17.00 percent increase. Thailand and Japan also showed strong growth, with imports rising by 19.03 percent and 8.40 percent, respectively.

Vietnam’s exports of these products total US$4.25 billion for 2024…

Vietnam’s yarn exports total US$4.41 billion for 2024, reflecting continued demand across a variety of global markets.

Vietnam’s textiles and garments exports total US$37.04 billion for 2024, reflecting strong performance driven by key markets such as the USA and South Korea.

Year-on-year, the sector expanded by 13.9 percent in December 2024 compared to December 2023. For the entire year, cumulative growth reached 6.1 percent in 2024 compared to 2023, reflecting a strong performance in this segment.