Vietnam's textiles exports to France have shown fluctuating trends between 2013 and 2023, with significant peaks and troughs. The value in 2023 stood at $39.634 million. Year-on-year variations indicate substantial increases in certain years, such as 2014 and 2021, and notable declines in others, like 2015 and 2016. Over the last two years (2021-2023), there has been a steady increase in export values. The 5-year compound annual growth rate (CAGR) from 2018 to 2023 stands at 0.79%, reflecting moderate growth.
● Future forecasts suggest a continual but modest increase in export values, with a 5-year CAGR of 1.23% from 2024 to 2028, projecting a 6.29% overall growth rate by 2028.
● Key future trends to watch in the Vietnamese textile industry include the impact of technological advancements, shifts in global trade policies, and sustainability practices influencing production and export performance.
