Vietnam Synthetic Yarn Exports Surge Under HS Code 5402: Trade Data, Markets, and Manufacturers

Vietnam has emerged as a key force in the global textile supply chain, especially in the production and export of synthetic filament yarn. Under HS Code 5402, which covers synthetic filament yarn (other than sewing thread) not put up for retail sale, the country has demonstrated strong export performance across major global markets. As international demand for synthetic fibers grows, Vietnam’s textile sector continues to expand its footprint across Asia, Europe, and North America.

Recent trade statistics confirm this upward trajectory. According to the latest vietnam synthetic yarn export data, the country exported synthetic yarn worth approximately $1.02 billion in 2024, representing a 12% increase from the previous year. Projections for 2025 place exports at around $1.05 billion, further reinforcing Vietnam’s position as one of the world’s top exporters of synthetic filament yarn.

This article explores the latest HS code 5402 export data, market trends, top destinations, and the leading yarn manufacturers in Vietnam driving this growth.

Understanding HS Code 5402 in the Global Textile Trade

HS Code 5402 is one of the most important classifications in the synthetic yarn industry. It includes:

• Synthetic filament yarn (excluding sewing thread)

• Synthetic monofilament yarn under certain specifications

• Non-retail packaged synthetic yarns

• Polyester, nylon, and textured filament yarns

This classification is widely used by trade analysts, buyers, and sourcing professionals to evaluate the performance of synthetic yarn markets worldwide. By examining HS code 5402 export data, stakeholders can identify production trends, market demand, and competitive positioning across major exporting countries.

Vietnam’s strong performance under this category highlights its growing role in global textile manufacturing and supply chains.

Vietnam’s Synthetic Yarn Export Growth (2024–25)

Vietnam’s export performance in synthetic filament yarn has shown steady growth over the past decade, with a particularly strong rebound after the pandemic years.

Export Value Trends

(*estimated)

The latest vietnam synthetic yarn export data indicates a recovery driven primarily by increased export volumes rather than price surges. This trend reflects stronger downstream textile demand rather than inflationary price effects.

Between May 2024 and May 2025, Vietnam recorded more than 40,000 shipments under HS Code 5402, demonstrating a high level of international trade activity.

Export Volumes and Shipment Activity

Trade intelligence sources reveal that Vietnam ships hundreds of thousands of tons of synthetic filament yarn annually.

Key Volume Indicators (2024–25)

• Annual export volume: 380,000–420,000 metric tons

• Monthly shipments: 30,000–38,000 tons

• Peak export seasons: Q2 and Q4

• January 2025 export volume: ~33,000–34,000 tons

• Average price: $2,400–$2,600 per ton

The HS code 5402 export data shows that the growth in 2025 is largely volume-driven, with export quantities rising between 6% and 9% compared to the previous year.

This indicates stronger global textile production, particularly in apparel and industrial fabrics, where synthetic yarns are widely used.

Key Export Destinations for Vietnamese Synthetic Yarn

Vietnam exports synthetic yarn to more than 160 countries. However, a few major markets account for a significant share of total exports.

Top Export Markets (2025)

1. China – $177.39 million

2. South Korea – $142.39 million

3. USA – $97.70 million

4. Bangladesh – $71.35 million

5. Mexico – $64.28 million

6. Taiwan – $63.24 million

7. Romania – $59.42 million

8. Japan – $41.21 million

9. Indonesia – $40.70 million

10. India – $34.43 million

China remains the largest importer due to its massive textile production capacity and strong demand for raw materials. South Korea and the United States also represent major markets, reflecting Vietnam’s integration into global apparel and industrial textile supply chains.

According to vietnam synthetic yarn export data, Asia continues to dominate as the primary destination region, though exports to North America and Europe are steadily increasing.

Product Composition: Polyester Leads the Market

Vietnam’s synthetic yarn exports include several key product categories:

• Polyester filament yarn

• Nylon filament yarn

• Draw textured yarn (DTY)

• Fully drawn yarn (FDY)

• Technical and high-tenacity yarn

Export Share by Yarn Type

Polyester remains the dominant export product due to:

• Lower production costs

• High demand in fast fashion and sportswear

• Versatility in industrial applications

Industry reports show polyester filament yarn exports reaching 192,000 tons in 2024 alone, marking a strong double-digit increase.

The HS code 5402 export data confirms that polyester continues to drive Vietnam’s export growth.

Major Yarn Manufacturers in Vietnam

Vietnam’s synthetic yarn industry is supported by a strong base of local and international manufacturers. These companies produce a wide range of synthetic yarns for both domestic use and export markets.

Leading Exporters (2025)

1. Dotihutex Company Limited – $220 million

2. Formosa Industries Vietnam – $190 million

3. BROtex Vietnam – $150 million

4. Hualon Corporation Vietnam – $110 million

5. Tainan Spinning Vietnam – $70 million

6. Thien Nam Group – $60 million

7. New Wide Vietnam – $50 million

8. Toray Industries Vietnam – $45 million

9. Hyosung Vietnam – $40 million

10. Dong Nai Synthetic Fiber Company – $30 million

These companies form the backbone of the country’s export ecosystem and are widely featured in the Vietnam yarn manufacturers database used by global buyers and sourcing agents.

Additional notable yarn manufacturers in Vietnam include:

• Vision Yarn Spinning Company

• Binhloi Company

• Huthada Company Limited

• Billion Industrial Vietnam

The Vietnam yarn manufacturers database provides detailed shipment records, product types, and export destinations, making it a valuable resource for importers and market researchers.

Vietnam in the Global Synthetic Yarn Market

On a global scale, Vietnam ranks among the top exporters of synthetic filament yarn, alongside China and Taiwan. The country’s strong performance is supported by:

• Competitive labor and production costs

• Strong trade agreements

• Modern textile manufacturing infrastructure

• Strategic location in Asia’s textile supply chain

According to global vietnam trade data, the country continues to expand its presence in both traditional and emerging textile markets.

Vietnam’s ability to export to over 160 countries also reflects a diversified market strategy, reducing dependence on any single destination.

Market Drivers Behind Export Growth

Several factors are fueling Vietnam’s synthetic yarn export expansion.

1. Rising Global Demand for Synthetic Fibers

Synthetic materials dominate the modern apparel industry due to durability, flexibility, and cost efficiency.

2. Integration into Global Supply Chains

Vietnam is closely linked to major textile hubs such as China, South Korea, Bangladesh, and the United States.

3. Competitive Manufacturing Costs

Lower production costs compared to developed markets make Vietnam an attractive sourcing destination.

4. Strong Industrial Investments

Foreign investments from Japan, South Korea, and Taiwan have boosted production capacity and technology upgrades.

These factors are reflected clearly in the latest vietnam synthetic yarn export data, which shows steady growth across both volume and market reach.

Trade Balance: Vietnam as Both Exporter and Importer

While Vietnam is a major exporter of synthetic yarn, it also imports certain yarn types to support domestic textile production.

Key import partners include:

• China

• Thailand

• Indonesia

This dual trade flow indicates a specialized and interconnected textile ecosystem, where Vietnam imports specific yarn types while exporting higher-value or surplus production.

Such patterns are commonly observed in advanced textile manufacturing economies and are well documented in global vietnam trade data.

Commercial Opportunities for Buyers and Importers

The growing synthetic yarn sector in Vietnam presents multiple opportunities for international buyers:

• Access to diversified yarn types under HS Code 5402

• Competitive pricing compared to traditional suppliers

• Reliable shipment volumes and established trade routes

• Access to verified suppliers via the Vietnam yarn manufacturers database

Businesses using HS code 5402 export data can identify:

• Top suppliers by export volume

• Key destination markets

• Product-specific trade trends

This data-driven approach enables more strategic sourcing decisions.

Future Outlook for Vietnam’s Synthetic Yarn Exports

The outlook for Vietnam’s synthetic yarn industry remains positive. Key projections include:

• Continued export growth through 2026–27

• Expansion into technical and high-performance yarn segments

• Increased exports to North America and Europe

• Greater focus on sustainable and recycled synthetic fibers

As global textile demand recovers and production shifts toward Southeast Asia, Vietnam is expected to strengthen its position as a leading exporter.

The latest vietnam synthetic yarn export data suggests that both shipment volumes and market diversification will remain key drivers of growth.

Conclusion

Vietnam’s synthetic yarn export sector, classified under HS Code 5402, reflects a mature and globally integrated textile industry. With export values surpassing $1 billion annually, the country continues to expand its presence across major international markets.

Key takeaways:

• Vietnam is one of the top global exporters under HS Code 5402.

• Synthetic yarn exports exceeded $1.02 billion in 2024.

• Polyester filament yarn dominates the export mix.

• Vietnam exports to more than 160 countries worldwide.

• Leading suppliers are featured in the Vietnam yarn manufacturers database.

With strong manufacturing capabilities, diversified markets, and consistent demand for synthetic fibers, Vietnam’s role in the global textile supply chain is set to grow even further in the coming years.

For importers, analysts, and sourcing professionals, both vietnam synthetic yarn export data and HS code 5402 export data offer valuable insights into one of the fastest-growing segments of the international textile trade.