2022
Exports
$3.09BWorld Rnk 3 / 133
Flag Rnk 16 / 1208
2022
PRODUCT COMPLEXITY IN Raw Cotton
-2.57Rnk 1022 / 1025
2022
Imports
$522kWorld Rnk 94 / 183
Flag Rnk 1112 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $3.09B in Raw Cotton, making it the 3rd largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 16th most exported product in Australia. The main destination of Raw Cotton exports from Australia are: Vietnam ($1.19B), Indonesia ($376M), India ($258M), Thailand ($232M), and Bangladesh ($228M).

The fastest growing export markets for Raw Cotton of Australia between 2021 and 2022 were Vietnam ($579M), India ($194M), and Bangladesh ($167M).

Imports In 2022, Australia imported $522k in Raw Cotton, becoming the 94th largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 1112th most imported product in Australia. Australia imports Raw Cotton primarily from: Turkey ($322k), United States ($131k), Italy ($43.1k), Sweden ($12.4k), and United Kingdom ($10.7k).

The fastest growing import markets in Raw Cotton for Australia between 2021 and 2022 were Turkey ($215k), Italy ($36.5k), and United States ($34.3k).

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 Raw 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)$3.09B
IMPORTS (2022)$522k
NET TRADE (2022)$3.09B

In 2022, Australia exported $3.09B in Raw Cotton. The main destinations of Australia exports on Raw Cotton were Vietnam ($1.19B), Indonesia ($376M), India ($258M), Thailand ($232M), and Bangladesh ($228M).

In 2022, Australia imported $522k in Raw Cotton, mainly from Turkey ($322k), United States ($131k), Italy ($43.1k), Sweden ($12.4k), and United Kingdom ($10.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Vietnam$579M (95.2%)
India$194M (303%)
Bangladesh$167M (273%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY Australia WERE (2021 - 2022):
Chinese Taipei-$5.06M (-22.9%)
Djibouti-$4.8M (-76.9%)
China-$3.01M (-3.99%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Raw Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $64.6M
TOP IMPORT POTENTIALUnited States+ $252k

Raw Cotton’s highest export potential is China. With an export gap of $64.6M.   Raw Cotton’s highest import potential is United States with an import gap of $252k.

See methodology.

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