Continuing the upward momentum of orders since the end of last year, in January 2025, textiles and footwear continued to be in the group of industries with an export turnover of billions of USD.
Newly released data from the General Statistics Office shows that in January 2025, there were 7 groups of industries with export turnover of over 1 billion USD. Of which, textiles and garments ranked 4th with 3.189 billion USD, up 1.8% over the same period in 2024; leather and footwear ranked 5th with 1.89 billion USD.
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| In January 2025, the textile and garment industry exported 3.189 billion USD, an increase of 1.8% over the same period in 2024. Illustrative photo |
Corresponding to the high export value, production of the two industries in January 2025 also grew quite well, such as: Textile increased by 4.2%, garment production increased by 6.1%, leather and related products production increased by 10.3%...
According to Mr. Cao Huu Hieu - General Director of Vietnam Textile and Garment Group, many member enterprises have enough orders until the end of the first quarter of 2025, some units have orders until May 2025. However, the textile and garment market will fluctuate very quickly and unexpectedly, so the whole group needs to proactively prepare to respond to new situations.
Regarding the textile market in 2025, based on the scenario of growth of total global textile demand in 2025 at the base level (reaching about 850 billion USD), as well as the recovery potential of Bangladesh's textile industry, the Vietnam Textile and Garment Group forecasts that Vietnam's export turnover in 2025 will grow by 5% -6% compared to 2024, equivalent to 45.5 - 46 billion USD.
Regarding the leather and footwear industry, according to Vice President and General Secretary of the Vietnam Leather, Footwear and Handbag Association - Phan Thi Thanh Xuan, in 2025, the Vietnamese leather and footwear industry aims to increase export growth by 10% compared to 2024, reaching a turnover of about 29 billion USD.
This target is quite challenging, to achieve it, businesses must make a lot of effort, because this year orders are likely to be stable. However, businesses need to restructure to avoid being passive in the face of new fluctuations, especially the change of government in the US, because this market accounts for nearly 40% of the industry's export proportion.
Source: https://congthuong.vn/det-may-da-giay-chac-chan-trong-nhom-xuat-khau-ty-usd-372744.html
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