Vietnam: Cotton and Products Update
Post estimates Vietnam’s cotton imports in marketing year (MY) 2017/2018 up to 1.5 million metric tons (MMT), a 26 percent increase over MY16/17, as Vietnam’s spinning sector continues to expand alongside its textile and garment industry. In MY18/19, FAS/Vietnam forecasts Vietnam’s cotton imports up 10 percent over the previous year. U.S. cotton continues to dominate the Vietnam market, accounting for 48 percent in MY17/18.
