The forecasted data for Vietnam’s textile exports to India from 2024 to 2028 indicates consistent growth. The values are projected to rise steadily from $195.84 million in 2024 to $235.72 million in 2028. This implies a compound annual growth rate (CAGR) of around 4.7% over this period. Comparing the last two years' variations, the export value grew by 5.26% annually from 2023 to 2024 and 5.26% from 2024 to 2025. In previous years, the trend shows a similar positive trajectory.
Future trends to watch for include the impact of trade policies, growing demand for sustainable textiles, and shifts in global supply chains. The increasing emphasis on sustainable practices within the textile industry could drive innovations and influence export volumes. Additionally, the bilateral trade agreements between Vietnam and India could further bolster this upward trend.
