According to Vietnam’s “Vinasdfssdfsnet” report on May 19: According to preliminary statistics from Vietnam Customs, Vietnam imported nearly US$1.5 billion in textile and leather raw materials in the first quarter of 2021, a year-on-year increase of 17.5%. China is the largest market providing textile and leather raw materials to Vietnam.
According to reports, Vietnam imported US$714 million of textile and leather raw materials from China in the first quarter, a year-on-year increase of 32.4%, accounting for 47.6% of Vietnam’s total imports of textile and leather raw materials. Imports from South Korea were approximately US$130 million, a year-on-year decrease of 5.8%, accounting for 8.6%.
Reports indicate that Vietnam’s imports of textile and leather raw materials from the United States increased significantly in March compared with February, with an increase of 55.7%. Overall, Vietnam’s textile imports from the United States in the first quarter Leather raw materials amounted to US$110 million, a slight increase of 1.6% year-on-year, accounting for 7.3%. </p