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$15.99 million, highlighting a potential area of resilience.
This sector’s performance reflects both the challenges and opportunities in adapting to shifting global demand for textile-related exports.
See also: Garment Manufacturing in Vietnam
Vietnam textile, leather, and footwear materials exports, November 2024, US$
November | October | MoM | YTD | |
Total | 185,891,772 | 202,229,513 | -8.1 | 2,035,605,368 |
Other | 12,564,079 | 14,075,790 | -10.74% | 149,963,699 |
Indonesia | 31,858,487 | 32,772,465 | -2.79% | 349,990,323 |
Cambodia | 31,759,857 | 34,989,369 | -9.23% | 340,489,421 |
China | 18,123,162 | 19,388,886 | -6.53% | 196,632,792 |
USA | 15,997,628 | 15,125,609 | 5.77% | 148,510,110 |
India | 13,741,737 | 16,374,973 | -16.08% | 153,559,705 |
Japan | 10,383,599 | 12,304,947 | -15.61% | 122,209,188 |
Germany | 8,738,313 | 9,523,830 | -8.25% | 88,177,478 |
South Korea | 7,925,710 | 8,401,001 | -5.66% | 91,111,293 |
Bangladesh | 7,614,668 | 9,319,503 | -18.29% | 73,788,516 |
Thailand | 3,978,684 | 4,148,679 | -4.10% | 41,254,569 |
Myanmar (Burma) | 3,249,670 | 2,832,377 | 14.73% | 38,232,160 |
Italy | 3,238,839 | 3,644,482 | -11.13% | 38,971,525 |
HongKong | 3,178,132 | 4,292,305 | -25.96% | 44,270,351 |
Taiwan | 2,770,418 | 2,679,425 | 3.40% | 27,512,947 |
Netherlands | 2,553,655 | 1,803,546 | 41.59% | 19,160,378 |
Argentina | 2,125,570 | 1,982,692 | 7.21% | 34,539,613 |
Philippines | 1,661,287 | 3,487,137 | -52.36% | 27,505,773 |
UK | 1,309,867 | 831,389 | 57.55% | 9,563,333 |
Spain | 791,538 | 838,947 | -5.65% | 6,415,447 |
Australia | 593,929 | 1,530,068 | -61.18% | 9,375,016 |
Sweden | 432,273 | 596,910 | -27.58% | 5,239,214 |
Turkey | 341,555 | 408,486 | -16.39% | 3,679,975 |
Brazil | 336,378 | 145,323 | 131.47% | 2,465,639 |
Austria | 308,169 | 141,390 | 117.96% | 8,599,237 |
Chile | 170,334 | 418,867 | -59.33% | 3,361,528 |
Slovakia | 144,234 | 171,117 | -15.71% | 1,026,138 |