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2018/19 cotton import growth is a minimum of seven years - Vietnam Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-06-20
According to the report, released agricultural counselor, because of the reduced textile industry investment, 2018/19 Vietnam cotton import growth will be the lowest in seven years. 2018/19 annual report predicts that Vietnam imports for 6. 65 million bales cotton, although more than 6. 7 million bales of the year, an all-time record high, but only 5% year-on-year growth, is the lowest level since 2011/12. 2011/12 to 2016/17, Vietnam cotton import an average annual growth of 28%, now Vietnam become second only to the world's second largest cotton importer of Bangladesh.
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