Malaysia's textile exports to Vietnam surge over 61% in Jan–Feb 2025

During the first two months of the current year, Malaysia shipped fabric worth $23.780 million, yarn worth $5.385 million, and fibre worth $0.868 million to Vietnam. In comparison, the country’s textile exports were valued at $18.581 million during the same period last year, according to Fibre2Fashion's market insight tool TexPro.

Malaysia had exported textiles worth $165.619 million in 2024, which was 21.32 per cent higher than the $136.112 million exported in 2023.

Malaysia and Vietnam are mutually dependent on raw materials for their textile industries. Therefore, Malaysia imports textiles in limited quantities. Textile imports from Vietnam were valued at $11.023 million in the first two months of this year, nearly unchanged from $11.057 million in the same period last year. Malaysia’s total textile imports stood at $66.812 million in 2024, down from $76.536 million in 2023. The trade data indicates a continuation of sluggish imports of these products, according to TexPro.

Malaysia and Vietnam also share significant bilateral trade in apparel. Malaysia’s apparel imports from Vietnam were valued at $31.051 million in January–February 2025, 10.21 per cent lower than the $34.585 million imported during the same period last year. In 2024, Malaysia’s apparel imports totalled $199.298 million, up 16.37 per cent from $171.832 million in 2023.

Malaysia’s apparel exports to Vietnam were recorded at $2.067 million in January–February 2025, slightly lower than the $2.664 million exported during the same period in 2023. The total outbound shipment to Vietnam stood at $14.407 million in 2024 and $11.070 million in 2023.

Fibre2Fashion News Desk (KUL)