Vietnam’s imports of textile, leather, and footwear materials decreased by 23.73 percent month-on-month in January, reaching US$490.89 million, according to Vietnam’s General Department of Customs. This follows a decline from US$643.60 million recorded in December.
Year-to-date, Vietnam’s total imports of these materials stood at US$490.89 million. China remained the largest supplier, contributing US$304.00 million, or 61.9 percent of the total, followed by South Korea with US$28.42 million, representing 5.8 percent, and the USA with US$26.86 million.
Among major suppliers, Brazil recorded the highest month-on-month growth, increasing by 17.44 percent, while Pakistan showed a growth of 51.87 percent. In contrast, Austria experienced the steepest decline, with imports falling 87.39 percent, while Malaysia saw a decline of 56.61 percent. Other key suppliers such as the UK, Germany, and Cambodia also posted significant drops.
The market for textile, leather, and footwear materials in Vietnam continues to be highly dependent on China, which accounts for over 60 percent of total imports. While Brazil and Pakistan showed growth, the overall decline from most suppliers, particularly Austria and Malaysia, suggests changes in sourcing trends and market conditions.
See also: Garment Manufacturing in Vietnam
Vietnam textile, leather, and footwear materials imports, January, US$ millions
| January | December | MoM | YTD | % of Total | |
| Total | 490.89 | 643.60 | -23.73% | 490.89 | 100.00% |
| Other | 17.08 | 57.84 | -70.46% | 17.08 | 3.48% |
| China | 304.00 | 349.57 | -13.04% | 304.00 | 61.93% |
| South Korea | 28.42 | 44.40 | -35.99% | 28.42 | 5.79% |
| USA | 26.86 | 39.87 | -32.62% | 26.86 | 5.47% |
| Taiwan | 23.57 | 28.54 | -17.40% | 23.57 | 4.80% |
| Thailand | 20.15 | 30.88 | -34.75% | 20.15 | 4.10% |
| Japan | 16.28 | 23.21 | -29.86% | 16.28 | 3.32% |
| Brazil | 11.55 | 9.83 | 17.44% | 11.55 | 2.35% |
| Italy | 10.87 | 16.22 | -32.98% | 10.87 | 2.21% |
| India | 5.86 | 6.77 | -13.42% | 5.86 | 1.19% |
| Hong Kong | 5.22 | 5.61 | -6.94% | 5.22 | 1.06% |
| Cambodia | 5.05 | 7.07 | -28.48% | 5.05 | 1.03% |
| Indonesia | 4.73 | 6.35 | -25.45% | 4.73 | 0.96% |
| Argentina | 2.48 | 4.70 | -47.15% | 2.48 | 0.51% |
| Pakistan | 1.82 | 1.20 | 51.87% | 1.82 | 0.37% |
| Netherlands | 1.14 | 1.75 | -35.05% | 1.14 | 0.23% |
| UK | 0.98 | 0.88 | 10.87% | 0.98 | 0.20% |
| Malaysia | 0.95 | 2.18 | -56.61% | 0.95 | 0.19% |
| Germany | 0.94 | 1.90 | -50.34% | 0.94 | 0.19% |
| New Zealand | 0.93 | 0.83 | 12.69% | 0.93 | 0.19% |
| Bangladesh | 0.76 | 0.93 | -18.51% | 0.76 | 0.15% |
| Spain | 0.37 | 0.51 | -27.54% | 0.37 | 0.07% |
| France | 0.30 | 0.46 | -35.85% | 0.30 | 0.06% |
| Australia | 0.27 | 1.58 | -82.65% | 0.27 | 0.06% |
| Poland | 0.14 | 0.16 | -12.20% | 0.14 | 0.03% |
| Singapore | 0.08 | 0.03 | 140.56% | 0.08 | 0.02% |
| Canada | 0.04 | 0.06 | -29.16% | 0.04 | 0.01% |
| Austria | 0.04 | 0.28 | -87.39% | 0.04 | 0.01% |