The Fabric Import of Vietnam in 2024: The Deep Dive Into the Global Trade

Vietnam and Southeast Asia, on the eastern edge of the Indo-Chinese peninsula, have solidified their trade position as the topmost importer of fabrics because of the dependence on imported raw materials, nearly about 60% for fuelling up the export rate of textiles. Vietnam Export Data says that the investments and trade agreements in the import of fabrics have facilitated access to new markets while encouraging investments in technology and innovation. The fabric import of Vietnam is increasing in a continuous manner due to the limited domestic fabric production and the dependency on imported yarns.

The investment in textile infrastructure and the rising consumer demand for diverse fabric types have resulted in an export trade value of fabrics worth 2.5 billion US dollars from Vietnam in 2024. The active participation of Vietnam in the European Union trade agreements and the regional trade partnerships has facilitated the import revenue rate while maintaining the trade deficit. Subscribe to Import Globals, the leading Vietnam import export trade provider, for staying informed with the latest information regarding the fabric import of Vietnam via the Vietnam trade data.

THE GOVERNMENT PLANS TO SUPPORT THE IMPORT OF FABRICS IN VIETNAM IN 2024

The import of fabric in Vietnam is gradually increasing due to the hike in consumer needs to maintain stability, in which the government authorities have introduced severe initiatives. The implementation of the EU-Vietnam Free Trade Agreement has offered preferential privileges for enhancing competitiveness in the European market. The promotion of sustainable textile production has supported the import of eco-friendly fabrics and materials for properly aligning with the global sustainability trends. 

The support for research and development in technical textiles has promoted the capability of the nation to establish centres of excellence in partnerships in collaboration with international institutes. It has advanced the materials and technologies for diversifying the fabric imports. The enhancement of trade relations with key partners has strengthened the relations with nearby exporters to mitigate the impact of external tariffs while ensuring a steady supply.

THE LEADING VARIANTS OF FABRIC IMPORTED IN VIETNAM

Vietnam, driven by its growing consumer needs, has recorded a different variant of its consumer necessity in the global import. According to the Vietnam Import Data, the top 10 leading variants of fabrics imported in the nation in 2024 are,

  • Denim – The annual valuation of Denim imported in Vietnam in 2024 – 1.2 billion US dollars
  • Cotton (woven) – The annual valuation of Cotton (woven) imported in Vietnam in 2024 – 919 million US dollars
  • Cotton blend– The annual valuation of Cotton blend imported in Vietnam in 2024 – 856 million US dollars
  • Polyester (woven) – The annual valuation of Polyester (woven) imported in Vietnam in 2024 – 798 million US dollars
  • Jersey knit– The annual valuation of Jersey knit imported in Vietnam in 2024 – 678 million US dollars
  • Printed knit– The annual valuation of Printed knit imported in Vietnam in 2024 – 598 million US dollars
  • Wool blend– The annual valuation of Wool blend imported in Vietnam in 2024 – 487 million US dollars
  • Stretch knit– The annual valuation of Stretch knit imported in Vietnam in 2024 – 389 million US dollars
  • Quilting cotton– The annual valuation of Quilting cotton imported in Vietnam in 2024 – 276 million US dollars
  • Synthetic woven– The annual valuation of Synthetic woven imported in Vietnam in 2024 – 254 million US dollars

TOP 10 IMPORT TRADE PARTNERS OF VIETNAM IN 2024

To maintain the trade deficit in a positive manner and to influence the exports of textiles, Vietnam has adopted proper pricing strategies to maintain the global standards. According to the Vietnam Customs Data, the top 10 import trade partners of the nation for fabric imports in 2024 are,

  • China – The total valuation of fabric imported in Vietnam from China in 2024 – 991 million US dollars

Top 5 variants of fabric exported

    1. Lingerie fabrics (lace, etc.)
    2. Underwear fabrics (cotton, modal, blends)
    3. Bedding fabrics (sheeting, duvet cover types)
    4. Towel/terry/bath fabrics
    5. Curtain/drapery fabrics
  • South Korea – The total valuation of fabric imported in Vietnam from South Korea in 2024 – 865 million US dollars

Top 5 variants of fabric exported

  1. Washed cotton fabrics
  2. Pre‑shrink fabrics
  3. Anti‑microbial or functional finish fabrics
  4. UV-resistant fabrics
  5. Flame-retardant fabrics
  • Japan – The total valuation of fabric imported in Vietnam from Japan in 2024 – 789 million US dollars

Top 5 variants of fabric exported

  1. Sublimated printed fabrics
  2. Reactive dye printed fabrics
  3. Digital‑print fabrics
  4. Batik/tie-dye / ethnic print fabrics
  5. Yarn‑dyed fabrics
  • Taiwan (Chinese Taipei) – The total valuation of fabric imported in Vietnam from Taiwan in 2024 – 654 million US dollars

Top 5 variants of fabric exported

  1. Voile fabrics
  2. Poplin fabrics
  3. Oxford weave fabrics
  4. Madras/plaid / check fabrics
  5. Gingham fabrics
  • United States – The total valuation of fabric imported in Vietnam from the United States in 2024 – 587 million US dollars

Top 5 variants of fabric exported

  1. Georgette fabrics
  2. Chiffon fabrics
  3. Crepe fabrics
  4. Organza fabrics
  5. Tulle fabrics
  • Thailand – The total valuation of fabric imported in Vietnam from Thailand in 2024 – 476 million US dollars

Top 5 variants of fabric exported

  1. Laminated fabrics
  2. Quilted fabrics
  3. Faux leather/leather fabrics
  4. Suede/microsuede (synthetic)
  5. Leather / garment‑type
  • Malaysia – The total valuation of fabric imported in Vietnam from Malaysia in 2024 – 389 million US dollars

Top 5 variants of fabric exported

  1. Stretch knit fabrics
  2. Jersey knit fabrics
  3. Interlock knit fabrics
  4. Rib knit fabrics
  5. Fleece fabrics
  • Indonesia – The total valuation of fabric imported in Vietnam from Indonesia in 2024 – 276 million US dollars

Top 5 variants of fabric exported

  1. Linen fabrics
  2. Rayon (viscose) fabrics
  3. Modal/lyocell fabrics
  4. Nylon fabrics
  5. Spandex/elastane blended fabrics
  • India – The total valuation of fabric imported in Vietnam from India in 2024 – 189 million US dollars

Top 5 variants of fabric exported

  1. Plain woven fabrics
  2. Twill-woven fabrics
  3. Satin woven fabrics
  4. Denim (cotton twill) fabrics
  5. Canvas / heavy cotton fabrics
  • Australia – The total valuation of fabric imported in Vietnam from Australia in 2024 – 142 million US dollars

Top 5 variants of fabric exported

  1. Cotton woven fabrics
  2. Cotton knit fabrics
  3. Polyester woven fabrics
  4. Polyester knit fabrics
  5. Cotton/polyester blends (woven)

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