Vietnam’s textile, leather, and footwear materials exports drop 8.1 percent in November

Vietnam’s exports of textile, leather, and footwear materials reached US$185.89 million in November, down 8.1 percent compared to October, according to Vietnam’s General Department of Customs. Year-to-date exports in this category stood at US$2.04 billion, underlining the sector’s significant contribution to the nation’s economy despite recent declines.

Indonesia was the largest market, importing US$31.86 million of these materials, representing a modest decrease of 2.79 percent. Cambodia followed closely with US$31.76 million, down 9.23 percent, while China imported US$18.12 million, marking a 6.53 percent drop. In contrast, the US saw a slight growth of 5.77 percent to US$15.99 million, highlighting a potential area of resilience.

This sector’s performance reflects both the challenges and opportunities in adapting to shifting global demand for textile-related exports.

See also: Garment Manufacturing in Vietnam

Vietnam textile, leather, and footwear materials exports, November 2024, US$

NovemberOctoberMoMYTD
Total185,891,772202,229,513-8.12,035,605,368
Other12,564,07914,075,790-10.74%149,963,699
Indonesia31,858,48732,772,465-2.79%349,990,323
Cambodia31,759,85734,989,369-9.23%340,489,421
China18,123,16219,388,886-6.53%196,632,792
USA15,997,62815,125,6095.77%148,510,110
India13,741,73716,374,973-16.08%153,559,705
Japan10,383,59912,304,947-15.61%122,209,188
Germany8,738,3139,523,830-8.25%88,177,478
South Korea7,925,7108,401,001-5.66%91,111,293
Bangladesh7,614,6689,319,503-18.29%73,788,516
Thailand3,978,6844,148,679-4.10%41,254,569
Myanmar (Burma)3,249,6702,832,37714.73%38,232,160
Italy3,238,8393,644,482-11.13%38,971,525
HongKong3,178,1324,292,305-25.96%44,270,351
Taiwan2,770,4182,679,4253.40%27,512,947
Netherlands2,553,6551,803,54641.59%19,160,378
Argentina2,125,5701,982,6927.21%34,539,613
Philippines1,661,2873,487,137-52.36%27,505,773
UK1,309,867831,38957.55%9,563,333
Spain791,538838,947-5.65%6,415,447
Australia593,9291,530,068-61.18%9,375,016
Sweden432,273596,910-27.58%5,239,214
Turkey341,555408,486-16.39%3,679,975
Brazil336,378145,323131.47%2,465,639
Austria308,169141,390117.96%8,599,237
Chile170,334418,867-59.33%3,361,528
Slovakia144,234171,117-15.71%1,026,138

See also: How to Start an Export Business in Vietnam

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