Vietnam’s yarn exports totaled US$367.71 million in November, marking a 7.54 percent month-on-month decrease, according to Vietnam’s General Department of Customs.
Year-to-date exports amounted to US$4.02 billion. China remained the top importer with US$1.95 billion, despite an 8.59 percent drop from the previous month. South Korea and Bangladesh followed, with exports valued at US$402.29 million and US$175.27 million, respectively. The United States imported US$174.13 million, showing a moderate 3.61 percent decline, while Indonesia bucked the trend with an 18.02 percent growth, importing US$99.31 million.
The decrease in November’s export figures underscores a slowdown in global textile demand. However, Vietnam’s strong trade relationships and diversified client base offer resilience for the industry in the longer term.
See also: Garment Manufacturing in Vietnam
Vietnam yarn exports, November 2024, US$
| November | October | MoM | YTD | |
| Total | 367,706,288 | 397,695,463 | -7.54% | 4,022,485,667 |
| Other | 31,135,561 | 31,599,335 | -1.47% | 338,018,455 |
| China | 181,337,426 | 198,388,744 | -8.59% | 1,952,099,608 |
| South Korea | 31,487,416 | 35,329,493 | -10.87% | 402,292,813 |
| Bangladesh | 16,043,677 | 18,187,138 | -11.79% | 175,271,367 |
| USA | 14,266,730 | 14,800,433 | -3.61% | 174,132,181 |
| Pakistan | 13,107,548 | 13,958,837 | -6.10% | 95,724,411 |
| Taiwan | 9,968,816 | 11,032,756 | -9.64% | 95,866,714 |
| Indonesia | 9,773,599 | 8,281,509 | 18.02% | 99,308,220 |
| Japan | 8,764,439 | 7,940,551 | 10.38% | 88,667,619 |
| Thailand | 7,100,340 | 8,180,248 | -13.20% | 69,006,419 |
| Philippines | 6,475,596 | 7,633,411 | -15.17% | 75,115,672 |
| India | 6,293,451 | 6,894,005 | -8.71% | 59,292,548 |
| Cambodia | 5,160,158 | 7,126,661 | -27.59% | 81,839,110 |
| Brazil | 4,396,450 | 5,107,495 | -13.92% | 49,318,859 |
| Colombia | 4,010,605 | 3,977,546 | 0.83% | 48,004,254 |
| Sri Lanka | 3,368,491 | 3,078,114 | 9.43% | 30,144,737 |
| Romania | 2,837,707 | 3,742,874 | -24.18% | 54,061,178 |
| Italy | 2,364,021 | 1,462,052 | 61.69% | 19,401,491 |
| HongKong | 1,945,420 | 1,427,442 | 36.29% | 17,538,768 |
| Egypt | 1,784,975 | 1,914,027 | -6.74% | 18,384,920 |
| UK | 1,780,128 | 1,977,371 | -9.98% | 20,563,404 |
| Malaysia | 1,614,769 | 1,739,668 | -7.18% | 26,679,975 |
| Turkey | 1,562,096 | 2,292,857 | -31.87% | 15,837,848 |
| Chile | 1,050,389 | 829,412 | 26.64% | 9,774,030 |
| Peru | 76,480 | 793,484 | -90.36% | 6,141,066 |