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ToggleVietnam imported cotton to the tune of US$252 million in March, up from US$161.76 million in February, a change of 55.79 percent, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had imported US$657 million worth of cotton by the end of March.
The United States accounted for US$140 million of Vietnam’s cotton imports in March, up from US$66 million in February, a 110.97 percent increase. Year to date, the United States has shipped US$309 million worth of cotton to Vietnam.
Brazil followed with US$56 million in March, up from US$43 million in February, a 30.89 percent increase. Year to date, Brazil has exported US$163 million worth of cotton to Vietnam.
Australia contributed US$23 million in March, up from US$22 million in February, a 1.92 percent increase. Year to date, Australia has shipped US$86 million worth of cotton to Vietnam.
India recorded US$7 million in March, down from US$8 million in February, a 9.09 percent decrease. Year to date, India has exported US$24 million worth of cotton to Vietnam.
Argentina rounded out the top five with US$5 million in March, down slightly from February, a 9.49 percent decrease. Year to date, Argentina has shipped US$19 million worth of cotton to Vietnam.
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Listed garment makers
Key garment makers listed on the Vietnam stock exchange include:
Song Hong Garment JSC (MSH)
Song Hong Garment JSC (MSH) manufactures and exports garments and textiles for global fashion brands. (MSH)
In March, MSH shares moved from 39.25 to 37.60, a change of -1.65 (-4.20%).
Foreign ownership moved from 484,084.05 to 476,338.70, a change of -7,745.35 (-1.60%).
Binh Thanh Import Export Production and Trade JSC (GIL)
Binh Thanh Import Export Production and Trade JSC (GIL) manufactures and exports garments, backpacks, and home goods. (GIL)
In March, GIL shares moved from 15.00 to 13.40, a change of -1.60 (-10.67%).
Foreign ownership moved from 493,996.99 to 494,413.81, a change of 416.82 (0.08%).
Thanh Cong Textile Garment Investment Trading JSC (TCM)
Thanh Cong Textile Garment Investment Trading JSC (TCM) manufactures and exports garments, yarn, and textiles. (TCM)
In March, TCM shares moved from 26.70 to 22.95, a change of -3.75 (-14.04%).
Foreign ownership moved from 16,905.26 to 18,069.20, a change of 1,163.94 (6.89%).
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Vietnam cotton news
Recent developments include:
Garment and textile exports in March
Vietnam exported textiles and garments to the tune of US$3,156 million in March, up from US$2,426 million in February, a change of 30.07 percent, according to preliminary data from Vietnam’s General Department of Customs. Read more→
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Vietnam’s cotton industry
Vietnam’s cotton industry is primarily import-dependent, supplying raw material to the country’s large textile and garment sector, one of the biggest in Southeast Asia.
Domestic cotton production remains limited due to land constraints and higher returns from alternative crops, making Vietnam reliant on major exporters such as the United States, Brazil, and India.
The sector is closely tied to global demand for apparel, with exports driven by key markets including the United States, the European Union, and Japan.
Rising sustainability requirements, shifting trade dynamics, and volatility in global cotton prices continue to shape sourcing strategies and cost structures across the industry.
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The data
Vietnam imports of cotton in March, 2026 US$m
| March | February | MoM | YTD | |
| Total | 252.00 | 161.76 | 55.79% | 657.23 |
| Other | 17.39 | 13.52 | 28.57% | 45.86 |
| USA | 140.10 | 66.41 | 110.97% | 308.80 |
| Brazil | 55.68 | 42.53 | 30.89% | 162.90 |
| Australia | 22.67 | 22.24 | 1.92% | 85.52 |
| India | 7.29 | 8.01 | -9.09% | 24.23 |
| Argentina | 4.81 | 5.31 | -9.49% | 19.31 |
| Ivory Coast | 2.02 | 1.47 | 37.42% | 4.19 |
| Indonesia | 1.21 | 1.75 | -30.91% | 4.34 |
| Taiwan | 0.52 | 0.15 | 256.49% | 0.93 |
| South Korea | 0.19 | 0.29 | -32.76% | 0.89 |
| Pakistan | 0.09 | 0.07 | 24.48% | 0.21 |
| China | 0.05 | 0.00 | 0.00% | 0.05 |