SUMMARY
 
The textile and footwear export industry continued its positive growth momentum in August. The total export value for the industry nearly reached the record high set in August 2022 (USD7.3 billion). Exports of most products maintained a growth rate of 15-25% compared to the same period last year, except for yarn, which decreased for the fourth consecutive month. Due to the positive export orders, businesses are ramping up production. 
 
However, companies are still facing numerous challenges, including a labor shortage and difficulties in recruitment, particularly for skilled workers. Additionally, the issue of business efficiency remains a challenge for companies, as the product prices and export processing prices are still low.
 
Notably, after Typhoon Yagi, enterprises concentrated in the northern region were also somewhat affected due to the unstable power grid, impacting labor productivity and the operation of production lines. However, most businesses did not suffer any damage to assets, equipment, or goods. Therefore, the delivery schedule for export orders is not a major concern
 
TABLE OF CONTENTS
 
A. GENERAL PERCEPTION
 
B. OVERVIEW
Production situation
Export value & Industry-wide trade balance
Structure of export product groups
The situation of export markets
Supply of imported raw materials

C. DETAILS OF EXPORTS OF EACH ITEM
Textile and Garment
Footwear
Yarn & Textile
Handbag, Wallet, Hat
 
D. IMPORT OF SOME TYPES OF RAW MATERIALS