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Vietnam’s textile and garment exports up 25 percent in March, led by strong US demand

Vietnam’s textile and garment exports rose to US$3.06 billion in March, up 25.40 percent from February, according to Vietnam’s General Department of Customs.

Year-to-date exports reached US$8.69 billion. The United States remained the largest market, importing US$1.33 billion in March alone, followed by Japan and South Korea, which imported US$382.35 million and US$291.59 million respectively. Exports to Canada grew by 32.61 percent month-on-month, while Germany saw the highest growth among major EU destinations, increasing by 68.10 percent.

The growth reflects strong global demand and a rebound in major markets, especially the US, accounting for nearly 44 percent of total textile and garment exports from Vietnam in the first quarter.

See also: Garment Manufacturing in Vietnam

Vietnam textile and garment exports, March, US$ millions

MarchFebruaryMoMYTD% of YTD
Total3,060.062,440.2725.40%8,694.22100.00%
Other36.7229.3225.24%119.711.38%
USA1,333.541,060.3625.76%3,789.7143.59%
Japan382.35311.5422.73%1,071.7812.33%
South Korea291.59238.5722.22%827.569.52%
Canada91.3968.9232.61%240.892.77%
China88.1697.27-9.36%288.493.32%
Netherlands83.2664.5628.97%231.192.66%
Cambodia83.1672.1115.33%233.802.69%
UK72.0149.6345.08%195.362.25%
Germany68.6140.8268.10%175.712.02%
Spain49.9041.9618.91%153.351.76%
Australia48.6040.0921.22%146.861.69%
Indonesia41.1937.1310.93%114.651.32%
France33.9825.7132.13%98.301.13%
Belgium32.9717.9883.41%83.220.96%
Russia28.1227.452.41%115.991.33%
Italy27.2419.8237.44%74.590.86%
Hong Kong27.0116.1567.26%67.710.78%
Thailand26.4924.0610.08%80.170.92%
Bangladesh22.6116.2838.91%54.590.63%
Taiwan21.1819.339.58%63.740.73%
India16.7312.1537.71%43.200.50%
Malaysia13.9412.848.56%42.040.48%
Mexico13.0513.19-1.04%41.510.48%
UAE12.766.6791.27%33.050.38%
Poland12.378.2849.39%34.130.39%
Philippines11.969.1430.93%31.790.37%
Sweden6.775.9114.55%21.220.24%
Chile6.615.5618.83%19.370.22%
Singapore6.595.4221.58%18.520.21%
Brazil6.373.6077.27%16.080.18%
Denmark6.202.89114.21%16.810.19%
New Zealand5.843.8153.30%15.910.18%
Nigeria4.680.133480.18%12.490.14%
Sri Lanka4.262.8151.60%11.580.13%
Turkey4.032.9138.57%9.840.11%
Kenya3.900.37950.61%6.170.07%
Saudi Arabia3.392.9913.37%10.830.12%
Argentina3.281.7389.74%7.420.09%
Israel3.101.24150.76%9.300.11%
Colombia2.891.6475.87%6.390.07%
Panama2.881.9845.93%6.660.08%
Myanmar2.532.0722.30%7.080.08%
South Africa2.441.9525.28%6.740.08%
Tanzania2.375.21-54.48%10.010.12%
Luxembourg1.690.082088.39%2.090.02%
Peru1.580.73117.54%3.280.04%
Austria1.020.49109.72%2.840.03%
Egypt1.000.7042.86%2.560.03%
Czech Republic0.980.8515.86%3.090.04%
Slovakia0.870.24266.75%1.450.02%
Switzerland0.840.6431.91%2.440.03%
Ukraine0.710.6017.15%1.850.02%
Norway0.610.17254.84%1.890.02%
Finland0.460.2398.15%0.910.01%
Greece0.420.19121.38%1.030.01%
Laos0.420.47-10.50%1.310.02%
Angola0.270.10170.99%0.740.01%
Ghana0.140.47-70.94%2.410.03%
Mozambique0.020.66-96.55%0.680.01%
Hungary0.000.04-100.00%0.090.00%
Ivory Coast0.000.07-100.00%0.070.00%

See also: How to Start an Export Business in Vietnam

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