Vietnam’s exports of textile, leather, and footwear materials and auxiliaries reached US$204.78 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a slight increase of 0.33 percent compared to April, bringing the year-to-date (YTD) export value to US$971.97 million.

Top Markets and Notable Increases:

Argentina experienced an impressive surge of 102.20 percent, reaching US$2.68 million.
Sweden recorded a dramatic increase of 382.65 percent, albeit from a smaller base.
Thailand saw strong growth of 61.50 percent to US$6.15 million.
The USA exports increased by 21.76 percent to US$21.54 million, accounting for 8.45 percent of YTD exports.
Hong Kong exports jumped by 29.13 percent.
Australia increased by 40.18 percent.

Significant Declines:

Slovakia experienced the sharpest decrease, plummeting by 70.86 percent.
Brazil exports fell by 44.75 percent.
Turkey decreased by 28.93 percent.
Bangladesh saw a sharp drop of 24.48 percent.
Netherlands fell by 23.14 percent.
Philippines decreased by 19.16 percent.

The May data for Vietnam’s textile, leather, and footwear materials and auxiliaries exports indicates a relatively stable month overall, with modest growth driven by strong performances in Argentina, Sweden, and Thailand. While major Asian markets like Indonesia and Cambodia experienced declines, the diversification of growth points to a resilient sector.

Vietnam exports of textile, leather and footwear materials and auxiliaries, May 2025, US$ millions

	May	April	MoM	YTD	% of YTD
Total	204.78	204.11	0.33%	971.97	100.00%
Other	11.95	10.13	17.91%	0.00	0.00%
Indonesia	31.61	34.55	-8.48%	159.97	16.46%
Cambodia	31.31	36.07	-13.18%	169.70	17.46%
USA	21.54	17.69	21.76%	82.14	8.45%
China	21.24	21.30	-0.31%	98.52	10.14%
India	18.90	16.53	14.29%	70.77	7.28%
Japan	11.49	11.81	-2.71%	56.88	5.85%
Germany	8.19	8.67	-5.54%	39.97	4.11%
Bangladesh	7.14	9.46	-24.48%	39.75	4.09%
South Korea	6.59	7.91	-16.65%	37.24	3.83%
Thailand	6.15	3.81	61.50%	24.81	2.55%
Hong Kong	4.92	3.81	29.13%	25.80	2.65%
Italy	4.27	3.96	7.84%	17.32	1.78%
Myanmar	3.75	3.50	7.18%	15.98	1.64%
Argentina	2.68	1.32	102.20%	14.55	1.50%
Taiwan	2.62	2.77	-5.12%	13.14	1.35%
Philippines	2.46	3.05	-19.16%	13.31	1.37%
Netherlands	1.53	1.99	-23.14%	9.49	0.98%
Australia	1.30	0.92	40.18%	4.10	0.42%
France	1.27	1.31	-3.64%	6.35	0.65%
UK	0.85	0.80	6.46%	4.61	0.47%
Finland	0.66	0.70	-5.39%	4.32	0.44%
Sweden	0.57	0.12	382.65%	2.09	0.22%
Austria	0.49	0.43	14.42%	2.54	0.26%
Chile	0.40	0.28	43.34%	1.50	0.15%
Spain	0.39	0.36	7.91%	2.90	0.30%
Turkey	0.33	0.46	-28.93%	1.78	0.18%
Brazil	0.13	0.23	-44.75%	1.00	0.10%
Slovakia	0.05	0.17	-70.86%	1.02	0.10%

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