What is the price of cotton per kilogram/pound in Vietnam today?
The retail price range for Vietnam cotton is between US$ 1.48 and US$ 2.46 per kilogram or between US$ 0.67 and US$ 1.12 per pound(lb). Click here to see today's exact prices of cotton in Vietnam
The retail price range in Dong for cotton is between VND 36,911.25 and VND 61,518.75 per kilogram or between VND 16,739.80 and VND 27,899.66 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam cotton is between US$ 1.03 and US$ 1.72 per kilogram or between US$ 0.47 and US$ 0.78 per pound(lb).
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Vietnam Cotton Export Prices - Historical, Trends and Prediction
The export price of Cotton from Vietnam over the last five years has been relatively stable. In 2016, the price per kilogram was 0.84 US dollars, which increased to 1.09 US dollars in 2013. In 2014, the price per kilogram rose to 1.68 US dollars, before dropping to 0.92 US dollars in 2015. In 2017, the price per kilogram rose again to 1.02 US dollars, before increasing to 1.60 US dollars in 2018 and 1.40 US dollars in 2019. The most recent year, 2020, saw the price per kilogram reach 1.58 US dollars. Based on this data, it is likely that the export price of Cotton from Vietnam will remain relatively stable in the next few years, with an estimated price of 1.60 US dollars in 2023 and 1.62 US dollars in 2024.Vietnam Cotton Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cotton into Vietnam over the last five years has been relatively stable. In 2016, the price was $0.84, followed by a slight increase to $1.02 in 2017. In 2018, the price rose to $1.60, before dropping to $1.40 in 2019. The price then rose again to $1.58 in 2020. Overall, the import price of Cotton into Vietnam has seen a slight increase over the last five years, with the highest price being $1.60 in 2018. Based on this trend, it is likely that the import price of Cotton into Vietnam will continue to increase in the coming years, with an estimated price of $1.68 in 2023 and $1.76 in 2024.Export values for Vietnam cotton
The total values in export for cotton in Vietnam were US$ 47,340, US$ 58,650, US$ 33,542 and US$ 26,814 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Vietnam: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cotton in other countries across Asia: Kazakhstan cotton, Kyrgyzstan cotton, Tajikistan cotton, Turkmenistan cotton, Uzbekistan cotton, China cotton, Hong Kong cotton, Macao cotton, North Korea cotton & Mongolia cotton.
Vietnam cotton - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam exported 19,093 tonnes of cotton. In 2019 alone, the demand for Vietnam cotton (processed category) has reduced, with a change of -9.176 per cent compared to the year 2018. Between 2017 and 2019, cotton's exports went down by -66.79 pc netting Vietnam US$26.81m for the year 2019. Vietnam's cotton exports are classified as:
- Cotton, carded or combed (HS code 520300)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Garnetted stock of cotton (HS code 520291)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton linters (HS code 140420)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
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Vietnam cotton export values
In 2019, Vietnam exported cotton with a value of 26.81m USD, a decrease of -20.07% from 2018's total cotton export of 33.542m USD. The annual reduction in value of Vietnam cotton between 2017 to 2018 was -42.81 percent.
The annual variation in the amount of Vietnam's cotton exports between 2017 and 2019 was -66.79 per cent when compared to a variation of -9.176% in the growth rate between 2018 and 2019.
Export markets for Vietnam cotton ( in '000$ )
Vietnam bought 1,386,600 tonnes of cotton in 2019.