2023
Exports
$656kWorld Rnk 63 / 134
Flag Rnk 887 / 1173
2023
PRODUCT COMPLEXITY IN Raw Cotton
-2.55Rnk 1021 / 1025
2023
Imports
$2.48BWorld Rnk 2 / 179
Flag Rnk 17 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $656k in Raw Cotton, making it the 63rd largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 887th most exported product in Vietnam. The main destination of Raw Cotton exports from Vietnam are: Cambodia ($203k), Indonesia ($202k), Philippines ($138k), Poland ($43.9k), and Italy ($33.2k).

The fastest growing export markets for Raw Cotton of Vietnam between 2022 and 2023 were Philippines ($138k), Poland ($43.9k), and Italy ($33.2k).

Imports In 2023, Vietnam imported $2.48B in Raw Cotton, becoming the 2nd largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 17th most imported product in Vietnam. Vietnam imports Raw Cotton primarily from: Australia ($1.05B), United States ($750M), Brazil ($386M), Turkey ($96.6M), and India ($53.9M).

The fastest growing import markets in Raw Cotton for Vietnam between 2022 and 2023 were Turkey ($90.2M), Pakistan ($28.5M), and Paraguay ($9.6M).

COMPANIES In 2024, leading companies such as Arhaus (1) were at the forefront of shipping Raw Cotton from Vietnam to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$656k
IMPORTS (2023)$2.48B
NET TRADE (2023)-$2.48B

In 2023, Vietnam exported $656k in Raw Cotton. The main destinations of Vietnam exports on Raw Cotton were Cambodia ($203k), Indonesia ($202k), Philippines ($138k), Poland ($43.9k), and Italy ($33.2k).

In 2023, Vietnam imported $2.48B in Raw Cotton, mainly from Australia ($1.05B), United States ($750M), Brazil ($386M), Turkey ($96.6M), and India ($53.9M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Philippines$138k (1%)
Poland$43.9k (1%)
Italy$33.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY Vietnam WERE (2022 - 2023):
China-$38.6M (-100%)
Bangladesh-$3.32M (-100%)
Indonesia-$622k (-75.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Vietnam's main exporting competitors in Raw Cotton were:
In 2023, Vietnam's main importing competitors in Raw Cotton were:

Explore Visualizations

Trade Value of Raw Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $24.7M
TOP IMPORT POTENTIALIndia+ $44M

Raw Cotton’s highest export potential is China. With an export gap of $24.7M.   Raw Cotton’s highest import potential is India with an import gap of $44M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with