Vietnam is poised to import roughly 1.2 million metric tons of cotton this year, slightly boosting exports of the crop for the United States.
Pro Farmer’s First Thing Today reports the 1.2 million metric ton figure represents a 19 percent increase from the year prior.
Rising demand in Vietnam’s textile industry and limited domestic production has increased the nations need to export, according to the Vietnam Cotton and Spinning Association.
Most of the imported cotton will come from the United States, followed by India, Brazil and Australia.
Vietnam’s overall textile and garment exports are expected to surge 36 percent this year to the equivalent value of $31 billion.
