Over 67% of Vietnam’s garment fabrics imported from Chinese market

Tuesday, 15/10/2024 16:45
China continued to be the largest market supplying garment fabrics to Vietnam in the first nine months of 2024, accounting for more than 67% of the total import turnover of this item.
 Import turnover of garment fabrics into Vietnam in the nine months was valued at nearly 10.95 billion USD. (Photo: congthuong.vn)

According to preliminary statistics from the General Department of Customs, import turnover of various garment fabrics into Vietnam in the nine months was valued at nearly 10.95 billion USD, a year-on-year increase of 14.3%.

In September 2024 alone, the turnover reached over 1.25 billion USD, an increase of 1.2% against August 2024 and an increase of 14% against September 2023.

Up to 67% of the total import turnover of garment fabrics to Vietnam originated from the Chinese market. In September, imports from this market reached over 802.29 million USD, down 4.1% from the previous month but up 10.8% compared to the same period last year. The total import turnover in the nine months reached over 7.33 billion USD, a year-on-year rise of 20.4%.

It was followed by Taiwan (China) with nearly 1.14 billion USD, up 11%, accounting for 10.4% of the total.

Imports from the Republic of Korea in September increased 1.4% against August 2024 and 2.1% against September 2023, worth more than 113.64 million USD. In the nine months, the figure was over 1.11 billion USD, down 0.5%, accounting for 10.2% of the total.

Fabrics imported from Japan reached 478.97 million USD in the nine months, down 4.1%, accounting for 4.4% of the total./.

BTA

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