Vietnam’s exports of tyre cord fabrics and other fabrics for technical uses increased by 7.84 percent month-on-month to US$60.62 million in January, according to Vietnam’s General Department of Customs.
The USA was the top importer, accounting for 24.26 percent of total exports, with shipments rising 36.27 percent to US$14.71 million. South Korea followed with US$8.24 million, up 19.94 percent, while exports to Japan declined by 8.41 percent to US$4.29 million.
Among European markets, Luxembourg recorded a strong increase of 49.39 percent to US$1.97 million, while Hungary saw the highest growth rate at 121.54 percent, reaching US$1.63 million. Meanwhile, Thailand imported US$3.32 million, down 10.11 percent, and Canada saw a slight decrease of 5.80 percent to US$1.13 million.
Despite the overall increase, Argentina saw the largest decline, with imports dropping by 81.47 percent to just US$98,357.
See also: Manufacturing in Vietnam
Vietnam’s exports of tyre cord fabrics, January, US$ millions
| January | December | MoM | YTD | % of Total | |
| Total | 60.62 | 56.21 | 7.84% | 60.62 | 100.00% |
| Other | 21.52 | 22.72 | -5.28% | 21.52 | 35.50% |
| USA | 14.71 | 10.79 | 36.27% | 14.71 | 24.26% |
| South Korea | 8.24 | 6.87 | 19.94% | 8.24 | 13.59% |
| Japan | 4.29 | 4.68 | -8.41% | 4.29 | 7.07% |
| Thailand | 3.32 | 3.69 | -10.11% | 3.32 | 5.47% |
| Luxembourg | 1.97 | 1.32 | 49.39% | 1.97 | 3.25% |
| Indonesia | 1.74 | 1.75 | -0.57% | 1.74 | 2.87% |
| Hungary | 1.63 | 0.73 | 121.54% | 1.63 | 2.68% |
| China | 1.32 | 1.29 | 1.99% | 1.32 | 2.17% |
| Canada | 1.13 | 1.20 | -5.80% | 1.13 | 1.87% |
| Brazil | 0.67 | 0.63 | 4.96% | 0.67 | 1.10% |
| Argentina | 0.10 | 0.53 | -81.47% | 0.10 | 0.16% |