Top 10 export market of textiles and garments of Vietnam 2020

According to the General Department of Customs, textile and garment export turnover in 2020 will reach over 29.8 billion USD, down 9.2% compared to 2019.

Particularly, the export of textiles and garments of FDI enterprises reached 17.88 billion USD, accounting for 60% of the total export turnover of this commodity group of the country, down 7.4% from the previous year.

In 2020, the US is leading market for Vietnam’s garment and textile export, reaching nearly 14 billion USD; accounting for 47% of the total export turnover of textiles and garments of the country; down 5.8% compared to 2019.

Exporting to EU ranked second in turnover, reaching 3.6 billion USD; accounting for 12%, down 15%.

Next is Japan with more than 3.5 billion USD; accounting for 12%; down 11% and Korea reached 2.86 billion USD; accounting for nearly 10%; down 15% compared to 2019.

Export data of textiles and garments of Vietnam in 2020:

Source: Vietnamcustoms, Vietnambiz.vn

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