In April, Vietnam's textile industry remained stable. Upstream, cotton supply continued to be robust with growing import volumes, while downstream, the textile and apparel sector remained generally stable.

Cotton imports increased year-on-year and month-on-month in April 2024

In April, Vietnam's cotton imports continued to rise both year-on-year and month-on-month. According to statistics, in April 2024, Vietnam imported 132,900 tons of cotton, representing a year-on-year increase of 7% and a month-on-month increase of 3.7%. By country, the main sources of Vietnam's cotton imports in April were the United States, Brazil, and Australia, with imports of 53,100 tons, 39,800 tons, and 11,400 tons respectively, accounting for 39.98%, 29.94%, and 8.6% of the total imports.

Yarn imports rose year-on-year but fell month-on-month in April 2024

In April 2024, Vietnam imported 104,700 tons of yarn, a 24.5% increase year-on-year and a 0.7% decrease month-on-month. By country, the import pattern remained consistent with the previous year, with China being the main source. Vietnam imported 71,794 tons of yarn from China, accounting for about 68.57% of the total imports.

Yarn exports increased year-on-year but decreased month-on-month in April 2024

In April 2024, Vietnam exported 151,500 tons of yarn, a 5.0% increase year-on-year but a 6.8% decrease month-on-month. China remained the main destination for exports, receiving 65,000 tons, accounting for 43.28% of the total.

The net yarn exports decreased both year-on-year and month-on-month in April 2024

The import value of greige fabrics increased both year-on-year and month-on-month

In April 2024, Vietnam's import value of greige fabrics and textiles was $1.342 billion, marking a 16.6% year-on-year increase and a 12.6% month-on-month increase. China remained the main source of greige fabrics and textiles imports for Vietnam, accounting for 70.48% of the total import value.

Textile and apparel exports increased year-on-year but decreased month-on-month