The Financial Express

Vietnam's cloth import rises over two months

| Updated: March 12, 2021 14:30:08

Vietnam's cloth import rises over two months

Vietnam spent nearly 1.9 billion US dollars importing cloth in the first two months of this year, posting a year-on-year rise of 17.6 per cent, according to the country's General Statistics Office on Friday.

In January and February, Vietnam imported around 223,000 tons of cotton worth $359 million, down 4.4 per cent in volume and 5.2 per cent in value from the same period last year, reports Xinhua.

However, the country also spent $361 million importing 182,000 tons of yarn, up 15 per cent and 19.7 per cent respectively.

Last year, Vietnam poured over $11.8 billion into importing cloth and earned roughly $29.5 billion U.S. dollars from exporting garments and textiles, according to the office.

China was Vietnam's largest supplier of cloth, followed by South Korea and Japan.

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