Exports In 2022, Vietnam exported $787M in Man-made staple fibres, making it the 12th largest exporter of Man-made staple fibres in the world. At the same year, Man-made staple fibres was the 49th most exported product in Vietnam. The main destination of Man-made staple fibres exports from Vietnam are: South Korea ($86.1M), United States ($65.1M), Egypt ($56.3M), Philippines ($53.6M), and Colombia ($47.8M).
The fastest growing export markets for Man-made staple fibres of Vietnam between 2021 and 2022 were Philippines ($41.1M), Cambodia ($22.5M), and Malaysia ($7.23M).
Imports In 2022, Vietnam imported $2.11B in Man-made staple fibres, becoming the 3rd largest importer of Man-made staple fibres in the world. At the same year, Man-made staple fibres was the 29th most imported product in Vietnam. Vietnam imports Man-made staple fibres primarily from: China ($1.23B), South Korea ($234M), Chinese Taipei ($152M), Japan ($115M), and Indonesia ($85.6M).
The fastest growing import markets in Man-made staple fibres for Vietnam between 2021 and 2022 were Japan ($12.9M), India ($11.9M), and Thailand ($11M).
COMPANIES In 2023, leading companies such as Home Depot (191), Old Navy (133), and Hyosung (121) were at the forefront of shipping Man-made staple fibres from Vietnam to the United States.