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Vietnam’s yarn imports increase by 1.77 percent in December

Vietnam imported US$238.31 million worth of yarn in December 2024, reflecting a 1.77 percent increase compared to November, according to data from Vietnam’s General Department of Customs. Year-to-date imports reached US$2.71 billion.

China remained the largest supplier, contributing US$162.48 million, a 5.28 percent increase from November. India and South Korea also posted growth, with imports rising by 7.47 percent and 14.35 percent, respectively. Bangladesh showed the highest growth rate, with imports increasing by 24.84 percent to US$302,536.

Conversely, imports from Austria and the Netherlands saw sharp declines of 40.79 percent and 88.07 percent, respectively. Taiwan, Thailand, and Japan also recorded decreases of 6.32 percent, 10.40 percent, and 8.29 percent, respectively.

See also: Garment Manufacturing in Vietnam

Vietnam import data for yarn in December 2024 US$

December November MoM YTD
Total 238,312,729 234,167,358 1.77% 2,713,184,660
Other 9,583,339 10,363,674 -7.53% 85,750,229
China 162,477,818 154,325,275 5.28% 1,752,359,708
Taiwan 18,867,522 20,141,383 -6.32% 225,960,486
India 10,745,531 9,999,009 7.47% 170,386,588
South Korea 9,881,453 8,641,699 14.35% 120,239,860
Thailand 9,628,884 10,747,001 -10.40% 135,267,309
Indonesia 7,636,215 8,854,679 -13.76% 93,171,176
Japan 4,823,111 5,259,123 -8.29% 57,096,399
Malaysia 2,426,017 2,446,128 -0.82% 30,559,052
Austria 1,347,846 2,276,223 -40.79% 23,488,170
Pakistan 428,567 409,750 4.59% 10,400,579
Bangladesh 302,536 242,346 24.84% 3,523,749
Hong Kong 130,718 182,944 -28.55% 1,828,906
Netherlands 33,172 278,124 -88.07% 3,152,449

See also: How to Start an Import Business in Vietnam