AsemconnectVietnam - In 2025, Vietnam's textile and garment export turnover was estimated to reach approximately US$46 billion.

The Vietnamese textile and garment industry is aiming for an export turnover of approximately US$50 billion in 2026.
Vietnam's textile and garment exports in the 2021-2025 period
During the 2021-2025 period, the Vietnamese textile and garment industry maintained its growth momentum while gradually adjusting its structure, preparing for the road ahead.
In 2025, Vietnam's textile and garment exports were estimated to maintain a relatively stable growth trajectory. From US$35 billion in 2020, the country’s export turnover was estimated to reach approximately US$46 billion in 2025, with a compound annual growth rate of approximately 5.58% during the 2021-2025 period. In 2025 alone, export turnover was projected to increase by approximately 5.8% compared to 2024.
Regarding product structure, garments continued to account for the dominant share, approximately 80% of export turnover; fibers accounted for 9.4%; fabrics about 6%; and the remainder is technical fabrics and accessories. Garment exports were estimated to increase from US$27.8 billion in 2020 to approximately US$36.6 billion in 2025. Many high-value items such as t-shirts, jackets, and trousers maintained export turnover exceeding US$1 billion each year.
Notably, the product structure has clearly shifted towards product groups with higher technical content, design, and environmental factors. The trend of "greening, digitalization, and fashion-forwarding" is no longer just a guideline but has become a condition for businesses to survive in the global supply chain.
The textile and garment industry's trade surplus also remains high. The value of the export surplus was projected to increase from US$15.5 billion in 2020 to approximately US$21 billion in 2025, the highest level ever, reflecting efforts to increase the use of domestic raw materials and strengthen domestic supply chains.
According to experts, the textile and garment export market is expected to continue facing many challenges in 2026. These include a slowdown in global trade growth, a lack of strong recovery in demand from the US, China, and the EU; and increasingly stringent tariffs and technical and environmental barriers. However, inflation and interest rates are projected to decrease, and energy prices are more stable, creating some room for growth for businesses.
Vietnamese textile and garment industry aims to reach $50 billion in export turnover.
Vietnamese textile and garment industry is aiming to achieve an export turnover of approximately $50 billion in 2026.
Based on restructuring the supply chain and effectively utilizing free trade agreements (FTAs), the Vietnamese textile and garment industry aims for an export turnover of approximately $50 billion this year, an increase of nearly $3 billion compared to 2025. This goal is consistent with the orientation of sustainable growth and deep integration into the global value chain.
According to the Vietnam Textile and Garment Association (Vitas), in the coming period, the industry will focus on the quality of growth, the proactive level of the supply chain, and the ability to utilize integration commitments.
One of the important drivers of export growth comes from new generation FTAs such as CPTPP, EVFTA, and RCEP. In 2025, many textile and garment product lines had begun to effectively utilize tariff preferences, especially in the EU market and some CPTPP member countries. However, to fully exploit the benefits of FTAs, businesses must strictly comply with rules of origin, environmental standards, and labor standards.
In this context, restructuring the supply chain is considered a decisive factor. In recent years, the textile and garment industry has boosted investment in the missing stages of the value chain, from yarn, weaving, dyeing to logistics and industrial park infrastructure. The formation of concentrated production clusters not only helps businesses proactively secure raw materials and components, but also reduces costs, shortens delivery times, and enhances the ability to meet the requirements of demanding markets.
Besides the FTA factor, the global geopolitical and geoeconomic context is also creating significant shifts. The wave of global supply chain restructuring and the trend of diversifying supply sources by major brands are opening up opportunities for Vietnam to participate more deeply in high value-added segments. According to the Chairman of Vitas, in the period 2025–2027, many new investment projects will come into operation, allowing the Vietnamese textile and garment industry to produce product lines that were previously heavily dependent on imports.
CK
Source: VITIC/congthuong.vn