Vietnam’s exports of yarn increased by 4.67 percent in December compared to November, reaching US$384.88 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s yarn exports total US$4.41 billion for 2024, reflecting continued demand across a variety of global markets.
The increase in exports was driven by strong growth in shipments to China, which rose by 4.00 percent, amounting to US$188.60 million. Exports to the USA and South Korea also showed positive growth, increasing by 13.81 percent and 9.31 percent, respectively. Exports to Cambodia saw a significant rise of 57.49 percent.
However, some markets experienced a decline. Exports to Bangladesh, Japan, and Indonesia dropped by 16.91 percent, 5.16 percent, and 18.89 percent, respectively.
See also: Garment Manufacturing in Vietnam
Vietnam yarn exports, December 2024, US$
December | November | MoM | 2024 | |
Total | 384,884,201 | 367,706,288 | 4.67% | 4,407,369,868 |
Other | 35,191,436 | 36,411,426 | -3.35% | 426,949,723 |
China | 188,597,284 | 181,337,426 | 4.00% | 2,140,696,893 |
South Korea | 34,417,603 | 31,487,416 | 9.31% | 436,710,415 |
USA | 16,236,771 | 14,266,730 | 13.81% | 190,335,932 |
Pakistan | 13,478,816 | 13,107,548 | 2.83% | 109,203,227 |
Bangladesh | 13,330,250 | 16,043,677 | -16.91% | 188,601,618 |
Taiwan | 10,227,961 | 9,968,816 | 2.60% | 106,089,372 |
Japan | 8,312,603 | 8,764,439 | -5.16% | 96,980,223 |
Cambodia | 8,126,845 | 5,160,158 | 57.49% | 89,965,954 |
Indonesia | 7,927,717 | 9,773,599 | -18.89% | 107,235,936 |
Thailand | 7,478,362 | 7,100,340 | 5.32% | 76,484,780 |
India | 6,652,919 | 6,293,451 | 5.71% | 65,945,467 |
Romania | 5,723,997 | 2,837,707 | 101.71% | 59,785,175 |
Philippines | 5,534,204 | 6,475,596 | -14.54% | 80,649,876 |
Colombia | 5,413,757 | 4,010,605 | 34.99% | 53,418,011 |
Brazil | 4,677,607 | 4,396,450 | 6.40% | 53,996,466 |
Sri Lanka | 4,575,163 | 3,368,491 | 35.82% | 34,719,899 |
Malaysia | 3,566,468 | 1,614,769 | 120.87% | 30,246,442 |
UK | 1,825,465 | 1,780,128 | 2.55% | 22,388,870 |
Hong Kong | 1,818,147 | 1,945,420 | -6.54% | 19,356,915 |
Turkey | 1,770,826 | 1,562,096 | 13.36% | 17,608,674 |
See also: How to Start an Export Business in Vietnam.