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2023
Exports $18MWorld Rnk 31 / 134
Flag Rnk 1046 / 1215
2023
Destination $1.17M Bangladesh
2022 - 2023
FASTEST GROWING MARKET $1.17MMalaysia
2023
PRODUCT COMPLEXITY IN Raw Cotton-2.55Rnk 1021 / 1025
2023
Imports $4.36BWorld Rnk 1 / 179
Flag Rnk 76 / 1214
2023
Origin $516M United States
2022 - 2023
FASTEST GROWING ORIGIN $516MAustralia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $18M in Raw Cotton, making it the 31st largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 1046th most exported product in China. The main destination of Raw Cotton exports from China are: Bangladesh ($7.16M), Vietnam ($5.93M), Malaysia ($2.2M), Uzbekistan ($508k), and United Kingdom ($253k).

The fastest growing export markets for Raw Cotton of China between 2022 and 2023 were Malaysia ($1.17M), Uzbekistan ($508k), and United Arab Emirates ($173k).

Imports In 2023, China imported $4.36B in Raw Cotton, becoming the 1st largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 76th most imported product in China. China imports Raw Cotton primarily from: United States ($1.62B), Brazil ($1.46B), Australia ($578M), Turkey ($117M), and Sudan ($94.6M).

The fastest growing import markets in Raw Cotton for China between 2022 and 2023 were Australia ($516M), Brazil ($325M), and Turkey ($89.6M).

COMPANIES In 2024, leading companies such as CrimsonLogic (20), QVC Inc (17), and Mystic Apparel (4) were at the forefront of shipping Raw Cotton from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Raw Cotton exports accounted up to $3.18M and imports accounted up to $257M, resulting in a negative trade balance of $253M. Between December 2023 and December 2024 the exports of China's   Raw Cotton have increased by $1.26M (65.9%) from $1.92M to $3.18M, while imports decreased by $-288M (-52.9%) from $545M to $257M.

Destinations In December 2024, Raw Cotton were exported mostly to Djibouti ($1.01M), Bangladesh ($902k), Malaysia ($707k), Vietnam ($421k), and India ($138k), and were imported mostly from Brazil ($143M), Australia ($64.1M), United States ($21.2M), Kazakhstan ($19.5M), and Mexico ($2.65M).

Growth In December 2024, the increase in Raw Cotton's year-by-year exports was explained primarily by an increase in exports to . In December 2024, the decrease in Raw Cotton's year-by-year imports was explained primarily by a decrease in imports from Burma ($-1.87M or -95.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$1.26M(65.9%)
IMPORT GROWTH (December 2023 - December 2024)$-288M(-52.9%)
MAIN EXPORTER (December 2024)Shandong Province$11.8M
MAIN DESTINATION (December 2024)Djibouti$1.01M

This section shows Raw Cotton's exports and imports data at subnational level for China. 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 (2023)$18M
IMPORTS (2023)$4.36B
NET TRADE (2023)-$4.34B

In 2023, China exported $18M in Raw Cotton. The main destinations of China exports on Raw Cotton were Bangladesh ($7.16M), Vietnam ($5.93M), Malaysia ($2.2M), Uzbekistan ($508k), and United Kingdom ($253k).

In 2023, China imported $4.36B in Raw Cotton, mainly from United States ($1.62B), Brazil ($1.46B), Australia ($578M), Turkey ($117M), and Sudan ($94.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR China WERE (2022 - 2023):
Malaysia$1.17M (114%)
Uzbekistan$508k (1%)
United Arab Emirates$173k (3.01k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY China WERE (2022 - 2023):
Bangladesh-$37.7M (-84.1%)
India-$6.4M (-100%)
Iran-$2.6M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Raw Cotton were:
United States $5.56B
Brazil $3.06B
Australia $2.76B
In 2023, China's main importing competitors in Raw Cotton were:
Vietnam $2.48B
Bangladesh $2.22B

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Trade Value of Raw Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $14.3M
TOP IMPORT POTENTIALIndia+ $74.1M

Raw Cotton’s highest export potential is Vietnam. With an export gap of $14.3M.   Raw Cotton’s highest import potential is India with an import gap of $74.1M.

See methodology.

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