The import of knit or crochet fabric of cotton to Vietnam is forecasted to increase from 2024 to 2028. In 2023, the import value stood at $1.191 billion. In 2024, the projected import value is $1.2379 billion, indicating a year-on-year variation of approximately 3.92%. The growth continues in subsequent years with 3.42% in 2025, 3.24% in 2026, 3.08% in 2027, and 2.93% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 3.32%, highlighting a steady upward trend.

Future trends to watch for:

Potential shifts in global supply chain dynamics impacting import costs and availability.
Changes in trade regulations and tariffs that could influence import volumes and values.
Technological advancements in textile production and manufacturing affecting demand for imported fabrics.
Fluctuations in consumer preferences and demand within Vietnam's fashion and textile sector.