Vietnam: Cotton and Products Annual
In MY 2017/18, Vietnam’s cotton imports are expected to reach 1.38 million metric tons (MMT), up 15 percent over MY 2016/17, as Vietnam’s spinning sector continues to expand alongside its textile and garment industry. FAS/Vietnam forecasts Vietnam’s cotton imports in MY 2018/19 up 5 percent over MY 2017/18. U.S cotton continues to dominate the Vietnam market, rising from a 42 percent market share in 2015/2016 to a record-breaking 53.5 percent in MY 2016/17, settling at just over 51 percent in MY 2017/18.
