Vietnam's yarn imports moved up by 23 per cent year-on-year but declined by one per cent month-on-month and its exports dropped by 20 per cent year-on-year and seven per cent month-on-month.

In terms of countries, the main origins of yarn imports in September 2022 were China, Taiwan and Thailand. By country, yarn exports to China, South Korea and the US accounted for 47 per cent, nine per cent and four per cent respectively.Vietnam's textiles and apparel exports increased by 19 per cent year-on-year but dropped by 31 per cent month-on-month.

Vietnam’s cotton imports in September were down 11 per cent over the same period last year yet up five per cent from the previous month. Australia was the main source of Vietnam’s cotton imports in September, accounting for 53 per cent of total imports. Imports from US and Brazil accounted for 33 per cent and two per cent respectively.

Based on export value, Vietnam’s textiles and apparel exports in September dropped significantly compared with that in August, yet were still higher than that of last year.In September, Vietnam's textile and apparel exports declined significantly month-on-month and the exports value was well below the highest level of 2022, yet still showed positive growth from the same period of last year.