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Where does Vietnam get its raw cotton? Import sources 2024

In 2024, Vietnam imported $2.5 billion of raw cotton (1.3 million tonnes), 14.7% of the world total. Its main sources were Brazil (41%), Australia (25%) and the United States (24%). Vietnam was the world’s 3rd-largest importer of raw cotton.

Summary

Value
$2.5billion
Tonnes
1.3million tonnes
Share of world total
14.7%
World rank
3rd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Brazil1Tonnes: 540,138USD per tonne: $1,87341.2%Sea
Australia0.61Tonnes: 310,927USD per tonne: $1,95624.7%Sea
United States0.58Tonnes: 291,061USD per tonne: $1,99723.6%Sea
India0.07Tonnes: 44,490USD per tonne: $1,6222.9%Sea
Turkey0.04Tonnes: 22,327USD per tonne: $1,8691.7%Sea
Argentina0.04Tonnes: 34,578USD per tonne: $1,0801.5%Sea
Côte d'Ivoire0.03Tonnes: 14,790USD per tonne: $1,7381.1%Sea
China0.02Tonnes: 10,001USD per tonne: $2,1880.89%Land
Paraguay0.02Tonnes: 10,432USD per tonne: $1,5940.68%Sea
Greece0.01Tonnes: 4,316USD per tonne: $1,7080.3%Sea
Egypt0.01Tonnes: 2,528USD per tonne: $1,9870.2%Sea
Mexico< 0.01Tonnes: 2,453USD per tonne: $1,8050.18%Sea
Togo< 0.01Tonnes: 2,379USD per tonne: $1,7270.17%Sea
Benin< 0.01Tonnes: 1,962USD per tonne: $1,9140.15%Sea
Malaysia< 0.01Tonnes: 1,938USD per tonne: $1,7240.14%Sea
Tanzania< 0.01Tonnes: 1,940USD per tonne: $1,2330.1%Sea
Spain< 0.01Tonnes: 1,106USD per tonne: $1,6100.07%Sea
Israel< 0.01Tonnes: 496USD per tonne: $3,3870.07%Sea
South Africa< 0.01Tonnes: 1,026USD per tonne: $1,5770.07%Sea
Pakistan< 0.01Tonnes: 881USD per tonne: $1,7680.06%Sea

Trend

Who it buys from

Brazil has been its main source since 2024

Value in USD billions. The five largest sources in 2024.

  • Brazil 1
  • Australia 0.61
  • United States 0.58
  • India 0.07
  • Turkey 0.04

Source: CEPII BACI

Show the numbers
Partner19952024
Brazil01
Australia< 0.010.61
United States0.010.58
India< 0.010.07
Turkey00.04

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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