U.S. Spends Over $10 Billion on Vital Vietnamese Export: Vietnam Surges to No. 2 Globally as Hundreds of Nations Secure Orders

Unveiling a true economic powerhouse, this 'golden mine' has single-handedly generated over $26 billion in revenue for our nation since the beginning of the year.

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According to preliminary statistics from the Customs Department, textile and garment exports in August generated over $3.8 billion, a slight decrease of 1.3% compared to the previous month. In the first eight months of 2025, this sector amassed $26.4 billion, marking an 8.5% increase and securing its position as the fourth-largest export commodity in Vietnam.

The United States remains the largest market for Vietnamese textiles, with exports surpassing $12 billion, a robust 12% increase year-over-year. Japan follows as the second-largest importer, with nearly $3 billion, reflecting an 8% growth compared to 2024. South Korea ranks third, importing over $1.95 billion, though this represents a 5% decline from the first eight months of 2025.

In 2024, Vietnam’s textile and garment industry achieved exports of approximately $44 billion, an 11% growth compared to 2023. This performance propelled Vietnam to the second position among the world’s top textile exporters. One key factor in this success was the shift of orders from Bangladesh to Vietnamese manufacturers.

The Vietnam Textile and Apparel Association (Vitas) reports that Vietnamese textile products now reach 132 countries and territories, up from 104 in 2024. Notably, Vietnam has begun exporting high-quality garments to China. Beyond traditional markets, Vietnamese textile enterprises are actively expanding their presence in other large, potential markets.

Exporting to 132 countries and territories underscores Vietnam’s growing prominence in the global textile map. Remarkably, Vietnamese companies have secured orders through the end of the year. These indicators highlight significant momentum and opportunities to boost textile exports in the coming months.

Projections for 2025 estimate Vietnam’s textile exports to reach between $47 and $48 billion, targeting a 6-9% growth compared to 2024. This growth is driven by free trade agreements (FTAs), global supply chain shifts, and economic recovery in major markets.

However, the industry faces challenges such as intense competition, rising raw material costs, and increasing demands for sustainable development. Experts emphasize the need for the textile sector to continue securing orders, expanding export markets, and actively engaging with international textile organizations. Connecting businesses with global textile associations, leveraging expertise, and investing in training and technology updates are crucial for sustainable growth.

According to Vu Duc Giang, Chairman of Vitas, the industry’s strategy from now until 2030 focuses on transitioning from rapid growth to sustainable development. From 2031 to 2035, the textile sector aims to achieve effective sustainability through a circular economy model, enhancing domestic value chains, and securing high-value positions in the global supply chain.

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