Vietnam’s yarn exports declined by 21.71 percent month-on-month to US$301.31 million in January, according to Vietnam’s General Department of Customs.

China remained the largest importer, accounting for 39.09 percent of total exports at US$117.79 million, a significant drop of 37.54 percent from December. South Korea and the USA followed, with shipments declining by 6.98 percent and 11.23 percent, respectively, to US$32.02 million and US$14.41 million.

Despite the overall decline, Cambodia recorded a strong increase of 37.61 percent, reaching US$11.18 million. Indonesia also posted growth of 10.30 percent, while Egypt and Peru saw increases of 26.59 percent and 44.67 percent, respectively. In contrast, Malaysia experienced the sharpest decline, falling by 51.10 percent to US$1.74 million, while Turkey dropped 64.09 percent to US$0.64 million.

Vietnam’s yarn exports, January, US$ millions

	January	December	MoM	YTD	% of Total
Total	301.31	384.88	-21.71%	301.31	100.00%
Other	31.23	31.06	0.54%	31.23	10.36%
China	117.79	188.60	-37.54%	117.79	39.09%
South Korea	32.02	34.42	-6.98%	32.02	10.63%
USA	14.41	16.24	-11.23%	14.41	4.78%
Bangladesh	13.30	13.33	-0.23%	13.30	4.41%
Pakistan	11.62	13.48	-13.76%	11.62	3.86%
Cambodia	11.18	8.13	37.61%	11.18	3.71%
Indonesia	8.74	7.93	10.30%	8.74	2.90%
Taiwan	8.25	10.23	-19.34%	8.25	2.74%
Japan	7.41	8.31	-10.90%	7.41	2.46%
Thailand	7.11	7.48	-4.99%	7.11	2.36%
India	6.46	6.65	-2.85%	6.46	2.15%
Colombia	5.59	5.41	3.32%	5.59	1.86%
Philippines	5.36	5.53	-3.19%	5.36	1.78%
Romania	4.69	5.72	-18.06%	4.69	1.56%
Brazil	4.20	4.68	-10.27%	4.20	1.39%
Sri Lanka	3.01	4.58	-34.24%	3.01	1.00%
UK	1.96	1.83	7.38%	1.96	0.65%
Malaysia	1.74	3.57	-51.10%	1.74	0.58%
Italy	1.32	1.66	-20.60%	1.32	0.44%
Hong Kong	1.00	1.82	-45.18%	1.00	0.33%
Egypt	0.87	0.69	26.59%	0.87	0.29%
Chile	0.72	1.30	-44.74%	0.72	0.24%
Peru	0.69	0.48	44.67%	0.69	0.23%
Turkey	0.64	1.77	-64.09%	0.64	0.21%

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