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$1.36 million. Despite the overall decline, some smaller markets posted strong growth.
See also: Garment Manufacturing in Vietnam
Vietnam’s textile, leather, and footwear materials exports, January, US$ 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% |