Vietnam: Cotton and Products Annual
Post estimates that cotton planted area in Vietnam likely drops to less than 1,000 hectares. Cotton imports are forecast to increase to 1.17 million tons or 5.37 million bales in the MY2015/2016, up 25 percent over MY 2014/2015. U.S. cotton continues to dominate the Vietnam market in MY 2015/2016 with an estimated volume of 486,200 tons, up 20% over the previous MY. Vietnam’s cotton consumption in MY 2016/2017 is projected to continue rising at strong pace.
