Textiles & footwear materials: Vietnam imports slightly dip 0.86 percent in May

Vietnam’s imports of textile, leather, and footwear materials and auxiliaries reached US$637.42 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a slight decrease of 0.86 percent compared to April, bringing the year-to-date (YTD) import value to US$2.98 billion.

China remains the dominant supplier, but experiences a notable decline:

China continued to be the primary source for these imports, with a May value of US$368.11 million. This signifies an 8.72 percent decrease from April, though China still accounts for a commanding 58.57 percent of the total year-to-date imports.

South Korea, USA, Italy, and Japan show strong growth:

Conversely, imports from South Korea surged by 15.70 percent to US$46.61 million in May. The USA also recorded a significant increase of 27.61 percent. Italy’s imports grew by 17.06 percent, and Japan’s by 17.71 percent.

Extraordinary month-on-month surges from various markets:

Several countries exhibited remarkable month-on-month growth in May, often from lower bases:

  • Netherlands recorded an astonishing surge of 167.29 percent, reaching US$320,768.
  • Singapore imports jumped by 130.75 percent.
  • Canada imports surged by 91.78 percent.
  • Bangladesh imports grew by 79.70 percent.
  • Indonesia imports increased by 44.33 percent.
  • The “Other” category also saw a significant increase of 44.40 percent.

Notable declines in imports:

Conversely, some markets faced substantial declines in imports in May:

  • Brazil saw the largest drop of 28.22 percent.
  • Poland imports decreased by 27.31 percent.
  • UK imports fell by 25.05 percent.
  • Hong Kong imports decreased by 24.83 percent.
  • Austria imports decreased by 24.47 percent.
  • India also experienced a notable decrease of 13.44 percent.

The overall slight decrease in May’s imports of textile, leather, and footwear materials and auxiliaries suggests a minor adjustment in demand, with China’s decline impacting the overall figures despite strong growth from various other global suppliers.

See also: Vietnam Garment Manufacturing 2025: Trends, Exports, Challenges & More

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

MayAprilMoMYTD% of YTD
Total637.42642.95-0.86%2,983.17100.00%
Other25.9217.9544.40%0.000.00%
China368.11403.27-8.72%1,747.2558.57%
South Korea46.6140.2915.70%185.386.21%
USA37.8629.6727.61%180.206.04%
Taiwan30.2330.69-1.51%152.195.10%
Thailand27.6326.444.48%136.274.57%
Italy25.7321.9817.06%99.143.32%
Japan25.4621.6317.71%115.323.87%
Cambodia8.407.4512.80%36.631.23%
Brazil8.1311.32-28.22%53.531.79%
India7.388.53-13.44%38.701.30%
Indonesia5.273.6544.33%26.900.90%
Hong Kong4.415.86-24.83%27.240.91%
Argentina2.692.622.69%17.600.59%
Germany2.632.0031.20%10.220.34%
Malaysia2.341.7236.17%9.150.31%
Pakistan2.031.926.07%11.180.37%
UK1.271.69-25.05%6.310.21%
Australia1.020.8420.56%4.840.16%
Spain0.960.7625.82%3.610.12%
Bangladesh0.900.5079.70%4.460.15%
France0.730.6314.62%2.880.10%
New Zealand0.660.5813.85%3.780.13%
Netherlands0.320.12167.29%2.510.08%
Austria0.260.34-24.47%1.000.03%
Poland0.230.32-27.31%0.750.03%
Canada0.100.0591.78%0.260.01%
Denmark0.080.080.19%0.420.01%
Singapore0.080.04130.75%0.270.01%

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