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120720 (Harmonized System 1992 for 6-digit)

2022
World Trade $558MRnk 2817 / 4648
2022
Top Exporter | Top Importer $260M | $204MAustralia | China
2022
Product Complexity -2.28Rnk 4585 / 4653
2021 - 2022
Export Growth (CAGR) 45%Rnk 203 / 4648
2022
Share of World Trade 0.0024%Rnk 2817 / 4648

About

Overview This page contains the latest trade data of Cotton seeds. In 2022, Cotton seeds were the world's 2817th most traded product, with a total trade of $558M. Between 2021 and 2022 the exports of Cotton seeds grew by 45%, from $385M to $558M. Trade in Cotton seeds represent 0.0024% of total world trade.

Cotton seeds are a part of Other Oily Seeds.

Exports In 2022 the top exporters of Cotton seeds  were Australia ($260M), Greece ($110M), United States ($87.5M), Benin ($27.8M), and Turkey ($12.4M).

Imports In 2022 the top importers of Cotton seeds were China ($204M), South Korea ($57.2M), Italy ($50.2M), Saudi Arabia ($48M), and Japan ($39M).

Ranking Cotton seeds ranks 4585th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Australia$260M
Top Destination (2022)China$204M

In 2022 Cotton seeds were the world's 2817th most traded product (out of 4,648).

In 2022, the top exporters of Cotton seeds were Australia ($260M), Greece ($110M), United States ($87.5M), Benin ($27.8M), and Turkey ($12.4M).

In 2022, the top importers of Cotton seeds were China ($204M), South Korea ($57.2M), Italy ($50.2M), Saudi Arabia ($48M), and Japan ($39M).

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Exporters of Cotton seeds (2022)
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Importers of Cotton seeds (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Australia$157M
Top Destination Growth (2021 -  2022)China$140M

Between 2021 and 2022, the exports of Cotton seeds grew the fastest in Australia ($157M), Greece ($39.2M), Benin ($12.6M), Spain ($3.79M), and Turkey ($3.31M).

Between 2021 and 2022, the fastest growing importers of Cotton seeds were China ($140M), Spain ($17.9M), Togo ($10.2M), Saudi Arabia ($7.53M), and Italy ($6.13M).

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Exporters of Cotton seeds (2021 - 2022)

Importers of Cotton seeds (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cotton seeds.

In 2022, market concentration measured using Shannon Entropy, was 2.57. This means that most of the exports of Cotton seeds are explained by 5 countries.

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Value of Exports in Cotton seeds

Net Trade

TOP NET EXPORTER (2022)Australia$260M
TOP NET IMPORTER (2022)China$203M

This map shows which countries export or import more of Cotton seeds. Each country is colored based on the difference in exports and imports of Cotton seeds during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Cotton seeds were Australia ($260M), Greece ($103M), United States ($63.5M), Benin ($27.8M), and Israel ($5.47M).

In 2022, the countries that had a largest trade value in imports than in exports of Cotton seeds were China ($203M), South Korea ($56.1M), Italy ($48.4M), Japan ($39M), and Spain ($13.3M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Cotton seeds.
It is possible to select the main countries that export or import Cotton seeds in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cotton seeds by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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