Vietnam’s exports of textiles and garments fell 5.81 percent month-on-month to US$3.19 billion in January, according to Vietnam’s General Department of Customs.
The USA remained the largest importer, accounting for 43.89 percent of total exports. However, shipments to the market declined by 8.94 percent to US$1.40 billion. Japan followed with US$378.63 million in imports, down 3.34 percent, while South Korea increased its purchases by 30.30 percent to US$297.86 million.
Exports to several European markets experienced mixed trends. The Netherlands saw a sharp drop of 23.19 percent to US$83.90 million, while shipments to Germany fell 18.43 percent to US$66.29 million. In contrast, Spain increased its imports by 12.13 percent to US$62.45 million, and Poland recorded a 15.09 percent rise to US$13.48 million.
Emerging markets such as Nigeria and Saudi Arabia saw notable growth, with imports rising by 110.41 percent and 51.86 percent, respectively. Meanwhile, Argentina’s imports increased by 48.81 percent to US$2.43 million.
See also: Garment Manufacturing in Vietnam
Vietnam’s textile and garment exports, January, US$ millions
| January | December | MoM | YTD | % of Total | |
| Total | 3,189.41 | 3,386.18 | -5.81% | 3,189.41 | 100.00% |
| Other | 40.20 | 51.09 | -21.31% | 40.20 | 1.26% |
| USA | 1,399.71 | 1,537.12 | -8.94% | 1,399.71 | 43.89% |
| Japan | 378.63 | 391.72 | -3.34% | 378.63 | 11.87% |
| South Korea | 297.86 | 228.59 | 30.30% | 297.86 | 9.34% |
| China | 103.52 | 117.49 | -11.88% | 103.52 | 3.25% |
| Netherlands | 83.90 | 109.23 | -23.19% | 83.90 | 2.63% |
| Canada | 80.72 | 106.42 | -24.15% | 80.72 | 2.53% |
| Cambodia | 78.62 | 80.58 | -2.44% | 78.62 | 2.46% |
| UK | 74.00 | 73.13 | 1.18% | 74.00 | 2.32% |
| Germany | 66.29 | 81.27 | -18.43% | 66.29 | 2.08% |
| Spain | 62.45 | 55.69 | 12.13% | 62.45 | 1.96% |
| Russia | 60.40 | 50.21 | 20.28% | 60.40 | 1.89% |
| Australia | 58.20 | 55.78 | 4.32% | 58.20 | 1.82% |
| France | 38.72 | 40.30 | -3.93% | 38.72 | 1.21% |
| Indonesia | 36.33 | 37.65 | -3.50% | 36.33 | 1.14% |
| Belgium | 32.43 | 33.33 | -2.70% | 32.43 | 1.02% |
| Thailand | 29.63 | 28.01 | 5.76% | 29.63 | 0.93% |
| Italy | 27.83 | 28.24 | -1.47% | 27.83 | 0.87% |
| Hong Kong | 24.55 | 30.86 | -20.44% | 24.55 | 0.77% |
| Taiwan | 23.27 | 24.67 | -5.67% | 23.27 | 0.73% |
| Bangladesh | 15.71 | 24.05 | -34.68% | 15.71 | 0.49% |
| Mexico | 15.38 | 20.47 | -24.83% | 15.38 | 0.48% |
| Malaysia | 15.27 | 16.52 | -7.61% | 15.27 | 0.48% |
| India | 14.39 | 17.01 | -15.39% | 14.39 | 0.45% |
| UAE | 13.62 | 13.37 | 1.84% | 13.62 | 0.43% |
| Poland | 13.48 | 11.71 | 15.09% | 13.48 | 0.42% |
| Philippines | 10.81 | 14.99 | -27.89% | 10.81 | 0.34% |
| Sweden | 8.53 | 14.82 | -42.43% | 8.53 | 0.27% |
| Denmark | 7.75 | 7.17 | 8.13% | 7.75 | 0.24% |
| Nigeria | 7.68 | 3.65 | 110.41% | 7.68 | 0.24% |
| Chile | 7.21 | 7.84 | -8.03% | 7.21 | 0.23% |
| Singapore | 6.55 | 12.18 | -46.18% | 6.55 | 0.21% |
| New Zealand | 6.27 | 5.55 | 12.95% | 6.27 | 0.20% |
| Brazil | 6.11 | 7.41 | -17.62% | 6.11 | 0.19% |
| Israel | 4.96 | 3.75 | 32.14% | 4.96 | 0.16% |
| Sri Lanka | 4.53 | 3.64 | 24.63% | 4.53 | 0.14% |
| Saudi Arabia | 4.45 | 2.93 | 51.86% | 4.45 | 0.14% |
| Turkey | 3.15 | 3.69 | -14.75% | 3.15 | 0.10% |
| Myanmar | 2.51 | 2.93 | -14.38% | 2.51 | 0.08% |
| Tanzania | 2.44 | 1.93 | 26.30% | 2.44 | 0.08% |
| Argentina | 2.43 | 1.64 | 48.81% | 2.43 | 0.08% |
| South Africa | 2.35 | 2.67 | -12.20% | 2.35 | 0.07% |
| Kenya | 1.89 | 1.53 | 23.17% | 1.89 | 0.06% |
| Colombia | 1.87 | 2.19 | -14.56% | 1.87 | 0.06% |
| Panama | 1.84 | 2.35 | -21.78% | 1.84 | 0.06% |
| Ghana | 1.80 | 5.54 | -67.44% | 1.80 | 0.06% |
| Austria | 1.33 | 0.78 | 69.37% | 1.33 | 0.04% |
| Czech Republic | 1.26 | 2.42 | -47.96% | 1.26 | 0.04% |
| Norway | 1.11 | 1.49 | -25.96% | 1.11 | 0.03% |
| Peru | 0.97 | 1.22 | -20.26% | 0.97 | 0.03% |
| Switzerland | 0.96 | 0.81 | 18.71% | 0.96 | 0.03% |
| Egypt | 0.86 | 1.53 | -43.84% | 0.86 | 0.03% |
| Ukraine | 0.54 | 0.68 | -20.01% | 0.54 | 0.02% |
| Laos | 0.43 | 0.38 | 12.84% | 0.43 | 0.01% |
| Greece | 0.41 | 0.94 | -56.30% | 0.41 | 0.01% |
| Angola | 0.37 | 1.26 | -70.72% | 0.37 | 0.01% |
| Slovakia | 0.34 | 0.36 | -4.49% | 0.34 | 0.01% |
| Luxembourg | 0.33 | 0.72 | -54.13% | 0.33 | 0.01% |
| Finland | 0.22 | 0.66 | -66.67% | 0.22 | 0.01% |
| Hungary | 0.04 | 0.00 | #DIV/0! | 0.04 | 0.00% |