Exports In 2022, Vietnam exported $3.43B in Cotton, making it the 6th largest exporter of Cotton in the world. At the same year, Cotton was the 20th most exported product in Vietnam. The main destination of Cotton exports from Vietnam are: China ($2.08B), South Korea ($290M), Bangladesh ($222M), Indonesia ($141M), and Cambodia ($115M).
The fastest growing export markets for Cotton of Vietnam between 2021 and 2022 were Bangladesh ($79.9M), India ($54.6M), and Thailand ($49.2M).
Imports In 2022, Vietnam imported $5.41B in Cotton, becoming the 3rd largest importer of Cotton in the world. At the same year, Cotton was the 10th most imported product in Vietnam. Vietnam imports Cotton primarily from: China ($1.68B), Australia ($1.19B), United States ($1.11B), Brazil ($549M), and India ($272M).
The fastest growing import markets in Cotton for Vietnam between 2021 and 2022 were Australia ($578M), China ($204M), and United States ($64.7M).
COMPANIES In 2023, leading companies such as Home Depot (559), Gap (50), and Old Navy (35) were at the forefront of shipping Cotton from Vietnam to the United States.