In July 2022, Vietnam’s cotton imports dropped by 25 per cent Y-o-Y to 104,900 tons but increased by 12 per cent M-o-M. The US was the main source of Vietnam's cotton imports, accounting for 54 per cent to 56,448 tons. Imports from Australia and Brazil reached 26,026 tons and 7,390 tons, accounting for 25 per cent and 7 per cent respectively.

Vietnamese yarn imports surged by 0.29 per cent Y-o-Y but declined by 0.04 per cent M-o-M in July. Vietnam imported 91,300tons of yarns, up 0.3 per cent Y-o-Y during the month. By country, its yarn imports mostly originated from China, China Taiwan and South Korea. Of the total, 55,692tons of yarns were from China, 13,527tons were from China Taiwan, and 7,004tons were from South Korea, accounting for 61 per cent, 15 per cent and 6 per cent respectively. Vietnam’s yarn exports dropped by 37 per cent Y-o-Y and 16 per cent M-o-M, respectively.

Vietnamese fabrics imports decreased 6.7 per cent Y-o-Y and 11.9 per cent month-on-month. Vietnamese textiles and apparel exports surged by 18 per cent Y-o-Y and 2.7 per cent M-o-M.