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2022
Exports | Imports $9.03B | $42.2MWorld Rnk 1 / 133
Flag Rnk 32 / 1217
World Rnk 32 / 183
Flag Rnk 994 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $1.55B | $1.01MChina |  Brazil
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Raw Cotton-2.62Rnk 1022 / 1025

About

Exports In 2022, United States exported $9.03B in Raw Cotton, making it the 1st largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 32nd most exported product in United States. The main destination of Raw Cotton exports from United States are: China ($2.91B), Vietnam ($1.11B), Turkey ($1.09B), Pakistan ($942M), and India ($503M).

The fastest growing export markets for Raw Cotton of United States between 2021 and 2022 were China ($1.55B), Turkey ($527M), and India ($287M).

Imports In 2022, United States imported $42.2M in Raw Cotton, becoming the 32nd largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 994th most imported product in United States. United States imports Raw Cotton primarily from: Burkina Faso ($37.5M), Egypt ($1.28M), Brazil ($1.09M), Turkey ($612k), and Italy ($392k).

The fastest growing import markets in Raw Cotton for United States between 2021 and 2022 were Brazil ($1.01M), Italy ($389k), and Mauritania ($329k).

COMPANIES In 2023, leading companies such as WAL-MART INC. (1.54k), AMAZON SERVICES LLC (464), and IKEA SUPPLY AG (370) were at the forefront of shipping Raw Cotton to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Raw Cotton exports accounted up to $537M and imports accounted up to $3.32k, resulting in a positive trade balance of $537M. Between January 2023 and January 2024 the exports of United States'   Raw Cotton have decreased by $-6.92M (-1.27%) from $544M to $537M, while imports decreased by $-44.9k (-93.1%) from $48.3k to $3.32k.

Destinations In January 2024, Raw Cotton were exported mostly to China ($224M), Pakistan ($56.5M), Vietnam ($56.2M), Turkey ($27.1M), and Bangladesh ($16.9M), and were imported mostly from Italy ($1.44k), India ($1.3k), and China ($575).

Growth In January 2024, the decrease in Raw Cotton's year-by-year exports was explained primarily by a decrease in exports to China ($-196M or -69.6%), Vietnam ($-41.8M or -34.8%), and Peru ($-9.39M or -49.9%). In January 2024, the decrease in Raw Cotton's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$-6.92M(-1.27%)
IMPORT GROWTH (December 2022 - January 2024)$-44.9k(-93.1%)
MAIN EXPORTER (January 2024)Texas$136M
MAIN DESTINATION (January 2024)China$224M

This section shows Raw Cotton's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Raw Cotton over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.03B
IMPORTS (2022)$42.2M
NET TRADE (2022)$8.98B

In 2022, United States exported $9.03B in Raw Cotton. The main destinations of United States exports on Raw Cotton were China ($2.91B), Vietnam ($1.11B), Turkey ($1.09B), Pakistan ($942M), and India ($503M).

In 2022, United States imported $42.2M in Raw Cotton, mainly from Burkina Faso ($37.5M), Egypt ($1.28M), Brazil ($1.09M), Turkey ($612k), and Italy ($392k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$1.55B (114%)
Turkey$527M (93.7%)
India$287M (133%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY United States WERE (2021 - 2022):
South Korea-$22.4M (-17.2%)
Egypt-$14.3M (-72.2%)
Italy-$5.28M (-52.7%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Raw Cotton were:
Brazil $3.71B
Australia $3.09B
In 2022, United States's main importing competitors in Raw Cotton were:
China $4.55B
Vietnam $3.16B
Bangladesh $2.9B

Explore Visualizations

Trade Value of Raw Cotton by Exporters

Keep Exploring

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