Vietnam cotton imports down 33.40 percent in February 2026 / USA -34.70%, Brazil- 34.24%

Vietnam imported cotton to the tune of US$162 million in February, down from US$243 million in January, a change of -33.40 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam had imported US$405 million worth of cotton by the end of February.

The USA accounted for US$66 million in February, down from US$102 million in January, a change of 34.70 percent. Year to date, imports from the USA reached US$168 million.

Brazil followed with US$43 million in February, down from US$65 million in January, a change of 34.24 percent. Year to date, Brazil has shipped US$108 million worth of cotton to Vietnam.

Australia recorded US$22 million in February, down from US$41 million in January, a change of 45.23 percent. Year to date, imports from Australia reached US$63 million.

India accounted for US$8 million in February, down from US$9 million in January, a change of 10.22 percent, while Argentina contributed US$5 million, down from US$9 million, a change of 42.13 percent.

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Vietnam textiles and garments news

Recent developments in textiles and garments in Vietnam include:

Textile and garment exports

Vietnam exported US$2,426 million worth of textiles and garments in February, down from US$3,250 million in January, a decline of 25.36 percent, according to preliminary data from Vietnam’s General Department of Customs. Read more→

Fibre factory repossessed

Maritime Bank has seized a 40,447 square metre hemp fibre factory in Thanh Hoa, along with its machinery and production equipment, from An Phuoc over loan repayment breaches.

The factory is part of a textile raw material project, with the company engaged in producing fibres, fabrics and garment inputs since 2015. Read more→

Textile / footwear materials imports

Vietnam imported textile and footwear materials to the tune of US$640 million in January, down from US$683 million in December, a change of -6.34 percent, according to preliminary data from Vietnam’s General Department of Customs.

Textile / garment industry performance 2025

Vietnam’s textile and garment industry saw listed firms’ revenue rising 7 percent and net profit up 48 percent, while exports reached about US$46 billion in 2025, Vietstock reported in early February.

Much of the growth was front-loaded into early 2025 as buyers accelerated orders, with a visible slowdown in the fourth quarter and pressure on prices and margins, the publication said.

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Listed textiles and garments companies

Key textiles and garments firms listed on the Vietnam stock exchange include:

Binh Thanh Import Export Production and Trade JSC (GIL)

In February, GIL shares moved from 13.60 to 15.00, a change of 1.40 (0.10 percent). Foreign ownership was unchanged.

Song Hong Garment JSC (MSH)

In February, MSH shares moved from 35.90 to 39.25, a change of 3.35 (0.09 percent). Foreign ownership was unchanged.

Thanh Cong Textile Garment Investment Trading JSC (TCM)

In February, TCM shares moved from 26.70 to 26.70, a change of 0.00 (0.00 percent). Foreign ownership was unchanged.

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Vietnam’s textiles and garments industry

Vietnam’s textiles and garments industry is one of the country’s largest export sectors, supplying global brands and retailers across North America, Europe and Asia.

The industry has developed rapidly since the 1990s, supported by trade agreements, competitive labour costs and large inflows of foreign direct investment.

Major production hubs are concentrated in provinces around Ho Chi Minh City, Hanoi and the Red River Delta, where factories specialise in garments, fabrics and textile inputs.

Vietnam is among the world’s leading apparel exporters, with the sector playing a central role in employment, manufacturing output and export earnings.

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The data

Vietnam imports of cotton in February, US$m