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Vietnam textile & footwear materials exports down 36.51% MoM in February 2026 / Cambodia -35.55%, Indonesia -40.19%

Vietnam exported textile and footwear materials to the tune of US$160 million in February, down from US$253 million in January, a change of -36.51 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, exports of textile and footwear materials reached US$413 million by the end of February.

Bar chart of Vietnam textile and footwear materials exports 2026.

Cambodia was the largest market, importing US$28 million in February, down from US$44 million in January, a decline of 35.55 percent. Year to date, exports to Cambodia totalled US$72 million.

Indonesia followed with imports valued at US$28 million in February, down from US$47 million in January, a decline of 40.19 percent. Year to date, Vietnam exported US$75 million worth of textile and footwear materials to Indonesia.

The United States imported US$14 million worth of Vietnamese textile and footwear materials in February, down from US$24 million in January, a decline of 41.75 percent. Year to date, exports to the United States reached US$39 million.

Pie chart Vietnam textile and footwear materials exports by destination February

India accounted for US$11 million in February imports, down from US$16 million in January, a decline of 34.19 percent. Year to date, exports to India totalled US$27 million.

ANALYSIS: Has Vietnam Reached Peak Garment & Textile Manufacturing?

Vietnam’s garment and textile exports fell short of expectations in 2025. Is this a sign that Vietnam’s garment and textile industry may have peaked?

Read the full analysis→

China rounded out the top five markets, importing US$9 million in February, down from US$17 million in January, a decline of 47.38 percent. Year to date, exports to China reached US$27 million.

Vietnam textiles and garments news

Recent developments in textiles and garments in Vietnam include:

Textile / footwear materials imports

Vietnam imported textile and footwear materials to the tune of US$640 million in January, down from US$683 million in December, a change of -6.34 percent, according to preliminary data from Vietnam’s General Department of Customs.

Textile / garment industry performance 2025

Vietnam’s textile and garment industry saw listed firms’ revenue rising 7 percent and net profit up 48 percent, while exports reached about US$46 billion in 2025, Vietstock reported in early February.

Much of the growth was front-loaded into early 2025 as buyers accelerated orders, with a visible slowdown in the fourth quarter and pressure on prices and margins, the publication said.

See the latest Vietnam news headlines→

Listed textiles and garments companies

Key textiles and garments firms listed on the Vietnam stock exchange include:

Binh Thanh Import Export Production and Trade JSC (GIL)

In February, GIL shares moved from 13.60 to 15.00, a change of 1.40 (0.10 percent). Foreign ownership was unchanged.

Song Hong Garment JSC (MSH)

In February, MSH shares moved from 35.90 to 39.25, a change of 3.35 (0.09 percent). Foreign ownership was unchanged.

Thanh Cong Textile Garment Investment Trading JSC (TCM)

In February, TCM shares moved from 26.70 to 26.70, a change of 0.00 (0.00 percent). Foreign ownership was unchanged.

Explore opening a trading account in Vietnam→

Vietnam’s textiles and garments industry

Vietnam’s textiles and garments industry is one of the country’s largest export sectors, supplying global brands and retailers across North America, Europe and Asia.

The industry has developed rapidly since the 1990s, supported by trade agreements, competitive labour costs and large inflows of foreign direct investment.

Major production hubs are concentrated in provinces around Ho Chi Minh City, Hanoi and the Red River Delta, where factories specialise in garments, fabrics and textile inputs.

Vietnam is among the world’s leading apparel exporters, with the sector playing a central role in employment, manufacturing output and export earnings.

Find out about starting a business in Vietnam→

The data

Vietnam exports of textile and footwear materials in February, US$m

FebruaryJanuaryMoMYTD
Total160.40252.63-36.51%413.10
Other24.4723.464.29%48.00
Cambodia28.2143.78-35.55%71.99
Indonesia28.1247.01-40.19%75.13
USA14.2224.42-41.75%38.64
India10.6616.20-34.19%26.85
China9.1417.37-47.38%26.51
Japan9.0812.64-28.17%21.72
South Korea5.889.50-38.17%15.38
Bangladesh5.469.65-43.36%15.11
Thailand3.815.10-25.35%8.90
Germany3.566.74-47.17%10.30
Philippines2.602.85-8.68%5.45
Hong Kong2.257.42-69.70%9.67
Myanmar2.243.52-36.44%5.76
Italy1.994.20-52.61%6.18
Taiwan1.502.55-41.41%4.05
France1.141.36-16.26%2.50
Netherlands0.981.88-47.88%2.86
Austria0.912.67-65.87%3.58
UK0.621.33-53.78%1.95
Argentina0.613.47-82.40%4.08
Spain0.541.39-61.37%1.92
Finland0.531.21-55.99%1.74
Turkey0.520.66-21.61%1.17
Australia0.480.85-43.83%1.33
Chile0.400.2844.45%0.68
Sweden0.320.78-58.24%1.10
Brazil0.180.36-50.63%0.53
Slovakia0.000.000.00%0.00

 

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