Vietnam Knitted Socks Export Research Report 2025-2034

In recent years, Vietnam has become one of the world's major exporters of textiles and clothing. In 2024, Vietnam's textile and clothing exports reached approximately US$44 billion, an increase of 11.3% year-on-year. As an important part of Vietnam's textile exports, Knitted Socks has continued to grow in recent years. According to CRI analysis, with low-cost labor, mature production technology, and strong export capabilities to the international market, Vietnam has become one of the world's major socks production and export bases. Vietnam's Knitted Socks exports are also on the rise overall.

Vietnam has become the first choice for many foreign direct investment (FDI) companies due to its unique geographical location, abundant labor resources and competitive labor costs. With the continuous development of Vietnam's economy, Vietnam's Knitted Socks industry is also growing. According to CRI analysis, the Vietnamese government is also actively promoting the development of the textile and garment industry and increasing investment support for the textile and garment industry. As a result, the production capacity, output and export volume of Knitted Socks in Vietnam are constantly increasing.

According to CRI data, the total export value of Vietnam's Knitted Socks reached US$301 million in 2023, and the export value of Vietnam's Knitted Socks from January to November 2024 was close to US$328 million. It is expected that the market demand for knitted socks will further expand in the next few years.

According to CRI analysis, the United States, Japan, South Korea, China, the Netherlands, Australia and Singapore are currently the main export destinations for Vietnamese knitted socks. Among them, the United States and Japan are the main export markets for Vietnamese knitted socks, followed by countries and regions such as Hong Kong, China and the Netherlands. The top three export destinations for Vietnamese knitted socks from 2021 to 2024 are the United States, Japan and South Korea.

The main companies importing this product to Vietnam include ZHEJIANG JASAN HOLDING GROUP CO LTD, SUNGHWA TRADING CO LTD, DELTA GALIL INDUSTRIES LTD and other companies. Vietnamese knitted socks are mostly used for international exports when meeting the local market. Most of their exporters are local knitted socks manufacturers, and some are subsidiaries of international manufacturers and distributors in Vietnam. The main exporters of Vietnamese knitted socks include JSVN, CTY TNHH DỆT G R VINA, SUNG HWA VINA CO LTD and other companies.

Overall, Vietnam has become the world's third largest textile producer and exporter with its low labor costs and favorable trade environment and policies. Knitted socks, as an indispensable part of it, also occupy a very important position in the international export market. In recent years, Vietnam's knitted socks exports have grown steadily, and are mainly exported to the United States, Japan, South Korea and other countries. With technological progress and optimization of production processes, Vietnam is expected to occupy a more important position in the global socks market.

CRI recommends that companies related to the clothing industry chain should conduct research on the Vietnamese market as soon as possible to prepare for a better layout in the Vietnamese and Southeast Asian markets.

Topics covered:

• The Import and Export of Knitted Socks in Vietnam (2021-2024)
• Total Export Volume and Percentage Change of Knitted Socks in Vietnam (2021-2024)
• Total Export Value and Percentage Change of Knitted Socks in Vietnam (2021-2024)
• Total Export Volume and Percentage Change of Knitted Socks in Vietnam (January-November 2024)
• Total Export Value and Percentage Change of Knitted Socks in Vietnam (January-November 2024)
• Average Export Price of Knitted Socks in Vietnam (2021-2024)
• Top 10 Export Destinations and Supply Volume of Vietnam’s Knitted Socks Export Market
• Top 10 Suppliers in the Export Market of Knitted Socks in Vietnam and Their Supply Volume
• Top 10 Buyers of Knitted Socks in Vietnam and Their Import Volumes
• How to Find International Distributors and International End Users of Knitted Socks Exports in Vietnam
• How Foreign Enterprises Enter the Knitted Socks Market of Vietnam
• Forecast for the Export of Knitted Socks in Vietnam (2025-2034)