Vietnam’s exports of textiles and garments increased by 10.98 percent in December compared to November, reaching US$3.39 billion, according to data from Vietnam’s General Department of Customs.
Vietnam’s textiles and garments exports total US$37.04 billion for 2024, reflecting strong performance driven by key markets such as the USA and South Korea.
The rise in exports was driven by significant growth in shipments to the USA, which saw a 17.36 percent increase, amounting to US$1.54 billion. Exports to South Korea and Spain also showed strong growth, rising by 22.66 percent and 23.43 percent, respectively. Exports to Cambodia also saw a 21.66 percent increase.
However, some markets experienced a decline. Exports to China, the Netherlands, and Indonesia dropped by 3.53 percent, 5.77 percent, and 11.85 percent, respectively.
See also: Garment Manufacturing in Vietnam
Vietnam textiles and garments exports, December 2024, US$
December | November | MoM | 2024 | |
Total | 3,386,178,794 | 3,051,153,339 | 10.98% | 37,036,851,951 |
Other | 251,827,018 | 232,654,417 | 8.24% | 2,531,843,653 |
USA | 1,537,115,999 | 1,309,761,057 | 17.36% | 16,151,794,382 |
Japan | 391,718,322 | 387,937,659 | 0.97% | 4,329,171,666 |
South Korea | 228,588,087 | 186,354,841 | 22.66% | 3,148,627,594 |
China | 117,485,659 | 121,784,506 | -3.53% | 1,326,741,529 |
Netherlands | 109,233,968 | 115,920,394 | -5.77% | 1,223,956,316 |
Canada | 106,415,772 | 106,968,549 | -0.52% | 1,210,777,412 |
Germany | 81,267,644 | 79,670,321 | 2.00% | 795,236,271 |
Cambodia | 80,582,316 | 66,234,706 | 21.66% | 888,165,647 |
UK | 73,133,090 | 68,611,403 | 6.59% | 765,339,974 |
Australia | 55,784,888 | 48,168,621 | 15.81% | 570,271,005 |
Spain | 55,693,417 | 45,121,940 | 23.43% | 607,737,826 |
Russia | 50,212,290 | 47,013,628 | 6.80% | 762,470,079 |
France | 40,299,069 | 50,483,052 | -20.17% | 499,314,512 |
Indonesia | 37,652,121 | 42,712,180 | -11.85% | 452,043,417 |
Belgium | 33,333,548 | 25,772,521 | 29.34% | 410,951,266 |
Hong Kong | 30,861,007 | 21,190,807 | 45.63% | 262,619,075 |
Italy | 28,244,230 | 27,340,380 | 3.31% | 338,882,968 |
Thailand | 28,013,083 | 22,708,581 | 23.36% | 288,972,175 |
Taiwan | 24,670,555 | 26,542,920 | -7.05% | 277,061,298 |
Bangladesh | 24,046,711 | 18,200,856 | 32.12% | 194,873,886 |
See also: How to Start an Export Business in Vietnam.