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Overview This page contains the latest trade data of Cotton. In 2021, Cotton were the world's 51st most traded product, with a total trade of $61.7B. Between 2020 and 2021 the exports of Cotton grew by 31.7%, from $46.8B to $61.7B. Trade in Cotton represent 0.29% of total world trade.

Cotton are a part of Textiles. They include Raw Cotton, Light Pure Woven Cotton, Non-Retail Pure Cotton Yarn, Heavy Pure Woven Cotton, Heavy Mixed Woven Cotton, Light Mixed Woven Cotton, Non-Retail Mixed Cotton Yarn, Other Cotton Fabrics, Cotton Waste, and Retail Cotton Yarn, among others.

Exports In 2021 the top exporters of Cotton  were China ($12.1B), India ($10B), United States ($7.21B), Vietnam ($3.92B), and Brazil ($3.61B).

Imports In 2021 the top importers of Cotton were China ($9.73B), Bangladesh ($8.91B), Vietnam ($4.99B), Turkey ($3.99B), and Pakistan ($2.46B).

Ranking Cotton ranks 92nd in the Product Complexity Index (PCI).

Latest Data

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

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

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

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Historical Data

Exporters and Importers

Top Origin (2021)China$12.1B
Top Destination (2021)China$9.73B

In 2021 Cotton were the world's 51st most traded product (out of 96).

In 2021, the top exporters of Cotton were China ($12.1B), India ($10B), United States ($7.21B), Vietnam ($3.92B), and Brazil ($3.61B).

In 2021, the top importers of Cotton were China ($9.73B), Bangladesh ($8.91B), Vietnam ($4.99B), Turkey ($3.99B), and Pakistan ($2.46B).

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Exporters of Cotton (2021)
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Importers of Cotton (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)India$4.16B
Top Destination Growth (2020 -  2021)Bangladesh$3.53B

Between 2020 and 2021, the exports of Cotton grew the fastest in India ($4.16B), China ($2.21B), Vietnam ($1.14B), Australia ($1.1B), and Greece ($1B).

Between 2020 and 2021, the fastest growing importers of Cotton were Bangladesh ($3.53B), Turkey ($1.5B), China ($1.24B), Vietnam ($1.04B), and Indonesia ($584M).

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Exporters of Cotton (2020 - 2021)

Importers of Cotton (2020 - 2021)

Market Concentration

Value

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

In 2021, market concentration measured using Shannon Entropy, was 4.32. This means that most of the exports of Cotton are explained by 19 countries.

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Value of Exports in Cotton

Net Trade

TOP NET EXPORTER (2021)India$9.26B
TOP NET IMPORTER (2021)Bangladesh$8.81B

This map shows which countries export or import more of Cotton. Each country is colored based on the difference in exports and imports of Cotton during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Cotton were India ($9.26B), United States ($6.11B), Brazil ($3.43B), China ($2.32B), and Uzbekistan ($1.86B).

In 2021, the countries that had a largest trade value in imports than in exports of Cotton were Bangladesh ($8.81B), Turkey ($1.65B), Vietnam ($1.07B), Indonesia ($976M), and South Korea ($855M).

Net Trade (2021)

Disaggregation

Value
Disaggregation

In 2021, the world most traded Cotton, disaggragated by their HS6 level were Raw Cotton ($18.6B), Non-Retail Pure Cotton Yarn ($15.9B), Light Pure Woven Cotton ($11B), Heavy Pure Woven Cotton ($6.43B), and Heavy Mixed Woven Cotton ($3.94B)

HS6 Disaggregation for Cotton (2021)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Cotton 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 (2021)

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