Key Market Indicators
Vietnam’s fabric exports are expected to hit $1.1 billion by 2026, up 3.8% year-on-year from 2021’s $910 million, according to figures from 2005. South Korea, Italy and Germany are the top three suppliers to Vietnam. Meanwhile, fabric imports to Vietnam are forecast to reach $6.5 billion by 2026, an increase of 3.4% year-on-year from 2021’s $5.3 billion. Vietnam’s top three suppliers are Indonesia, China and the United States.