Vietnam exported US$64.68 million worth of tyre cord fabrics and other technical-use fabrics in November 2024, reflecting a 2.90 percent month-on-month increase, according to Vietnam’s General Department of Customs. Year-to-date exports reached US$715.03 million, underscoring the industry’s resilience despite global economic uncertainties.
The United States remained the leading market, importing US$14.34 million, with only a slight decline of 1.01 percent from October. South Korea followed with US$8.97 million, marking a robust 19.72 percent increase. However, exports to Japan dropped by 25.36 percent to US$4.21 million. Notably, Luxembourg imported US$3.47 million, maintaining its position as a significant European buyer.
This performance highlights Vietnam’s growing expertise in producing specialised fabrics, meeting diverse global needs, particularly in automotive and industrial applications.
See also: Manufacturing in Vietnam
Vietnam tyre cord fabrics exports, November 2024, US$
| November | October | MoM | YTD | |
| Total | 64,681,945 | 62,845,715 | 2.90% | 715,034,033 |
| Other | 23,477,909 | 18,635,372 | 25.99% | 238,343,886 |
| USA | 14,341,096 | 14,488,114 | -1.01% | 184,319,942 |
| South Korea | 8,969,237 | 7,492,106 | 19.72% | 76,599,989 |
| Japan | 4,209,774 | 5,639,943 | -25.36% | 52,387,882 |
| Luxembourg | 3,472,574 | 3,694,598 | -6.01% | 29,035,639 |
| Thailand | 3,360,666 | 4,186,203 | -19.72% | 37,746,887 |
| Indonesia | 1,841,349 | 2,175,031 | -15.34% | 23,786,396 |
| China | 1,826,427 | 1,395,248 | 30.90% | 20,824,065 |
| Canada | 1,253,735 | 1,886,762 | -33.55% | 19,553,478 |
| Brazil | 788,067 | 866,715 | -9.07% | 8,586,013 |
| Hungary | 624,934 | 1,974,692 | -68.35% | 20,803,631 |
| Argentina | 516,177 | 410,931 | 25.61% | 3,046,225 |