2022
Exports | Imports
$42.6M | $3.16BWorld Rnk 29 / 133
Flag Rnk 428 / 1176
World Rnk 2 / 183
Flag Rnk 19 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.062Rnk 60 / 124
2022
PRODUCT COMPLEXITY IN Raw Cotton
-2.62Rnk 1022 / 1025

About

Exports In 2022, Vietnam exported $42.6M in Raw Cotton, making it the 29th largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 428th most exported product in Vietnam. The main destination of Raw Cotton exports from Vietnam are: China ($38.6M), Bangladesh ($3.32M), Indonesia ($355k), Cambodia ($275k), and Burma ($80.1k).

The fastest growing export markets for Raw Cotton of Vietnam between 2021 and 2022 were China ($36.4M), Bangladesh ($3.04M), and Cambodia ($178k).

Imports In 2022, Vietnam imported $3.16B in Raw Cotton, becoming the 2nd largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 19th most imported product in Vietnam. Vietnam imports Raw Cotton primarily from: Australia ($1.19B), United States ($1.11B), Brazil ($549M), India ($115M), and Argentina ($52.9M).

The fastest growing import markets in Raw Cotton for Vietnam between 2021 and 2022 were Australia ($579M), United States ($66.9M), and Egypt ($13.8M).

COMPANIES In 2023, leading companies such as HOME DEPOT, U. S. A., INC. (84) and BANANA REPUBLIC LLC (6) were at the forefront of shipping Raw Cotton from Vietnam to the United States.

Latest Trends

Jan 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Raw Cotton. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$42.6M
IMPORTS (2022)$3.16B
NET TRADE (2022)-$3.12B

In 2022, Vietnam exported $42.6M in Raw Cotton. The main destinations of Vietnam exports on Raw Cotton were China ($38.6M), Bangladesh ($3.32M), Indonesia ($355k), Cambodia ($275k), and Burma ($80.1k).

In 2022, Vietnam imported $3.16B in Raw Cotton, mainly from Australia ($1.19B), United States ($1.11B), Brazil ($549M), India ($115M), and Argentina ($52.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$36.4M (1.64k%)
Bangladesh$3.04M (1.1k%)
Cambodia$178k (183%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY Vietnam WERE (2021 - 2022):
South Africa-$1M (-100%)
Chinese Taipei-$283k (-100%)
South Korea-$52.3k (-99.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Raw Cotton were:
In 2022, Vietnam's main importing competitors in Raw Cotton were:

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Trade Value of Raw Cotton by Exporters

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