Vietnam: Cotton and Products Annual

Cotton imports are forecast to grow by six percent to 7.6 million bales in marketing year (MY) 2025/26 based on expected growth in the textile and yarn sector. Post reduces forecast MY 2024/25 cotton imports by 200,000 to 7.2 million bales based on partial year import statistics and economic challenges faced by cotton spinners. Stocks remain low as producers try to manage the risk of sliding cotton-fiber and cotton-yarn prices. Brazil has surpassed Australia and the United States to become the largest cotton supplier to Vietnam.