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Vietnam's cotton imports from Argentina up; garment exports rise too

28 Apr '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Vietnamese NA chairman's visit to Argentina is expected to create more opportunities for trade cooperation between the two countries, especially in the textile sector.
  • Despite a slight fall in ****, Vietnam's cotton imports from Argentina have seen a significant increase since ****.
  • Vietnam's garment exports to Argentina have shown healthy growth.

Vietnamese National Assembly (NA) chairman Vuong Dinh Hue&#**;s official visit to Argentina is expected to create more opportunities for bilateral trade cooperation. Argentina is an important trade partner in the Latin American region for Vietnam, and the two countries are celebrating ** years of officially established diplomatic relations. Since the establishment of the comprehensive partnership in ****, the bilateral relationship has made impressive progress, especially in the economy and trade. 

Vietnamese cotton (HSN Code ****) imports were valued at $**.*** million in **** when the country imported **.*** million kg of cotton. The imports jumped to three times in terms of value and reached $**.*** million (**.*** million kg) in ****, according to Fibre2Fashion’s market insight tool TexPro. 

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