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Sharp decline in Vietnam's cotton imports from Brazil in H1 2023

30 Sep '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Vietnam's cotton imports from Brazil for H1 2023 amounted to $165.548 million for 85.013 million kg, marking a drastic decline compared to 2022.
  • The value of cotton trade between the two nations decreased by 48.73 per cent, the volume by 43 per cent, and the average price by 8.17 per cent.
  • This suggests a reduced demand in Vietnam's textile industry.

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