Vietnam’s exports of textile, leather, and footwear materials fell 2.33 percent month-on-month to US$189.23 million in January, according to Vietnam’s General Department of Customs.

Cambodia and Indonesia were the largest importers, accounting for a combined 36.67 percent of total exports. Shipments to Cambodia rose 10.33 percent to US$35.06 million, while exports to Indonesia increased 4.97 percent to US$34.32 million.

Meanwhile, exports to the USA and China declined by 6.19 percent and 31.95 percent, respectively. The USA imported US$15.96 million worth of goods, while China’s total dropped to US$14.15 million. In contrast, Argentina’s imports surged 367.37 percent to US$4.60 million, and Hong Kong recorded a notable 46.14 percent increase to US$4.61 million.

Other significant markets included Japan, where exports rose 9.23 percent to US$11.99 million, and Finland, which saw a 20.80 percent increase to US$1.36 million. Despite the overall decline, some smaller markets posted strong growth.

Vietnam’s textile, leather, and footwear materials exports, January, US$ millions

	January	December	MoM	YTD	% of Total
Total	189.23	193.74	-2.33%	189.23	100.00%
Other	9.26	9.90	-6.47%	9.26	4.89%
Cambodia	35.06	31.78	10.33%	35.06	18.53%
Indonesia	34.32	32.70	4.97%	34.32	18.14%
USA	15.96	17.02	-6.19%	15.96	8.44%
China	14.15	20.80	-31.95%	14.15	7.48%
Japan	11.99	10.98	9.23%	11.99	6.34%
India	10.58	14.36	-26.32%	10.58	5.59%
Bangladesh	10.14	7.81	29.86%	10.14	5.36%
South Korea	7.68	8.30	-7.49%	7.68	4.06%
Germany	6.97	8.15	-14.53%	6.97	3.68%
Hong Kong	4.61	3.16	46.14%	4.61	2.44%
Argentina	4.60	0.98	367.37%	4.60	2.43%
Thailand	4.16	5.42	-23.30%	4.16	2.20%
Italy	3.09	3.00	3.15%	3.09	1.63%
Myanmar	2.94	3.48	-15.45%	2.94	1.55%
Philippines	2.53	2.33	8.69%	2.53	1.34%
Taiwan	2.30	2.75	-16.27%	2.30	1.22%
Netherlands	2.14	2.56	-16.40%	2.14	1.13%
France	1.58	1.43	10.22%	1.58	0.83%
Finland	1.36	1.13	20.80%	1.36	0.72%
UK	0.88	0.87	0.52%	0.88	0.46%
Spain	0.76	1.22	-37.38%	0.76	0.40%
Australia	0.49	0.88	-44.97%	0.49	0.26%
Slovakia	0.47	0.34	39.65%	0.47	0.25%
Sweden	0.36	1.05	-65.68%	0.36	0.19%
Turkey	0.30	0.60	-50.89%	0.30	0.16%
Chile	0.28	0.22	25.88%	0.28	0.15%
Austria	0.23	0.33	-29.21%	0.23	0.12%
Brazil	0.04	0.21	-82.98%	0.04	0.02%

Your support keeps this site independent and objective.
If you find value in this work, please consider making a contribution.

$2/mo $5/mo $10/mo One-time

Need more convincing?

Our content is free because we believe a rising tide lifts all boats.

By making accurate, independent information accessible to everyone, we help create a more informed, resilient, and empowered business community.

When businesses, investors, policymakers, and everyday readers all have access to clear, unbiased analysis, it leads to better decisions, fairer opportunities, and stronger economic outcomes for all.

That said, while our content is free to read, it costs money to create.

Behind every article is careful research, fact-checking, and expert analysis — all of which require time, skill, and resources.

If you can spare a couple of dollars, your support helps ensure that reliable, unbiased information remains accessible to all.