Vietnam’s technical fabric exports grow in October, strong YTD performance continues

Vietnam’s exports of tyre cord fabrics and other technical fabrics reached US$62.85 million in October 2024, reflecting an 8.2 percent increase compared to September’s US$58.09 million, according to Vietnam’s General Department of Customs. The growth indicates steady demand for these specialised materials in international markets.

Year-to-date performance shows robust growth. From January to October, exports in this category totalled US$650.34 million, an 18.2 percent increase compared to the same period in 2023.

The strong year-to-date growth highlights Vietnam’s expanding capabilities in producing high-quality technical fabrics, catering to industries such as automotive and manufacturing. October’s increase reinforces the sector’s potential for sustained growth, supported by innovation and expanding global demand.

See also: Manufacturing in Vietnam

Vietnam’s tyre cord and technical fabrics exports, October vs. September 2024

OctoberSeptemberMoMYTD
Total62,845,71558,091,9188.18%650,344,351
Other18,635,37218,381,5651.38%214,862,199
Argentina410,931220,33186.51%2,530,048
Brazil866,715576,87250.24%7,794,044
Canada1,886,7621,400,93734.68%18,299,743
China1,395,2481,514,118-7.85%18,997,645
Hungary1,974,6921,471,18234.22%20,178,559
Indonesia2,175,0312,573,091-15.47%21,945,106
Japan5,639,9435,276,8996.88%48,178,107
Luxembourg3,694,5982,504,87847.50%25,563,065
South Korea7,492,1066,825,2089.77%67,630,751
Thailand4,186,2034,457,578-6.09%34,386,220
United States of America14,488,11412,889,25912.40%169,978,864

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