2022
Exports
$7.27BWorld Rnk 3 / 199
Flag Rnk 15 / 96
2022
PRODUCT COMPLEXITY IN Cotton
-0.55Rnk 715 / 1025
2022
Imports
$1.72BWorld Rnk 7 / 220
Flag Rnk 33 / 96
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $7.27B in Cotton, making it the 3rd largest exporter of Cotton in the world. At the same year, Cotton was the 15th most exported product in India. The main destination of Cotton exports from India are: Bangladesh ($2.94B), Sri Lanka ($315M), Vietnam ($272M), Egypt ($244M), and South Korea ($185M).

The fastest growing export markets for Cotton of India between 2021 and 2022 were Italy ($43.3M), Benin ($39.6M), and Sri Lanka ($33.3M).

Imports In 2022, India imported $1.72B in Cotton, becoming the 7th largest importer of Cotton in the world. At the same year, Cotton was the 33rd most imported product in India. India imports Cotton primarily from: United States ($509M), Australia ($258M), China ($178M), Singapore ($125M), and Switzerland ($84M).

The fastest growing import markets in Cotton for India between 2021 and 2022 were United States ($292M), Australia ($194M), and Singapore ($123M).

COMPANIES In 2023, leading companies such as Cummins Jaw Warehouse (191), IKEA Group (169), and Cummins (67) were at the forefront of shipping Cotton from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cotton. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.27B
IMPORTS (2022)$1.72B
NET TRADE (2022)$5.55B

In 2022, India exported $7.27B in Cotton. The main destinations of India exports on Cotton were Bangladesh ($2.94B), Sri Lanka ($315M), Vietnam ($272M), Egypt ($244M), and South Korea ($185M).

In 2022, India imported $1.72B in Cotton, mainly from United States ($509M), Australia ($258M), China ($178M), Singapore ($125M), and Switzerland ($84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cotton EXPORT MARKETS FOR India WERE (2021 - 2022):
Italy$43.3M (50.4%)
Benin$39.6M (169%)
Sri Lanka$33.3M (11.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton BY India WERE (2021 - 2022):
China-$1.52B (-89.8%)
Bangladesh-$805M (-21.5%)
Vietnam-$297M (-52.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Cotton were:
In 2022, India's main importing competitors in Cotton were:

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Trade Value of Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $326M
TOP IMPORT POTENTIALChina+ $123M

Cotton’s highest export potential is China. With an export gap of $326M.   Cotton’s highest import potential is China with an import gap of $123M.

See methodology.

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