Raw Cotton5201 (Harmonized System 1992 for 4-digit)
2020 World Trade: $14.3B, Rnk 237 / 1217
2020 Top Exporter | Top Importer: $5.92B | $3.74B, United States | China
2020 Product Complexity: -2.38, Rnk 1023 / 1028
2019 - 2020 Export Growth (CAGR): -7.8%, Rnk 635 / 1217
2018 Mean Tariff: 2.1%, Rnk 1230 / 1259
2020 Share of World Trade: 0.085%, Rnk 237 / 1217
Overview This page contains the latest trade data of Raw Cotton. In 2020, Raw Cotton were the world's 237th most traded product, with a total trade of $14.3B. Between 2019 and 2020 the exports of Raw Cotton decreased by -7.8%, from $15.5B to $14.3B. Trade in Raw Cotton represent 0.085% of total world trade.
Raw Cotton are a part of Cotton. They include Cotton, not carded or combed.
Exports In 2020 the top exporters of Raw Cotton were United States ($5.92B), Brazil ($3.22B), India ($1.45B), Greece ($457M), and Benin ($452M).
Imports In 2020 the top importers of Raw Cotton were China ($3.74B), Vietnam ($2.04B), Bangladesh ($1.8B), Pakistan ($1.68B), and Turkey ($1.59B).
Tariffs In 2018 the average tariff for Raw Cotton was 2.1%, making it the 1230th lowest tariff using the HS4 product classification.
Ranking Raw Cotton ranks 1023rd in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Raw 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.
Trade By Country
Top Origin (2020): United States, $5.92B
Top Destination (2020): China, $3.74B
Raw Cotton are the world's 237th most traded product.
In 2020, the top exporters of Raw Cotton were United States ($5.92B), Brazil ($3.22B), India ($1.45B), Greece ($457M), and Benin ($452M).
In 2020, the top importers of Raw Cotton were China ($3.74B), Vietnam ($2.04B), Bangladesh ($1.8B), Pakistan ($1.68B), and Turkey ($1.59B).
Trade by country
Between 2019 and 2020, the exports of Raw Cotton grew the fastest in Brazil ($580M), India ($353M), Tanzania ($74.1M), Afghanistan ($57.6M), and Syria ($29.8M).
Between 2019 and 2020, the fastest growing importers of Raw Cotton were Pakistan ($597M), China ($562M), Turkey ($40.4M), Ukraine ($19.4M), and Greece ($18M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Raw Cotton.
In 2020, market concentration measured using Shannon Entropy, was 3.02. This means that most of the exports of Raw Cotton are explained by 8 countries.
TOP NET EXPORTER (2020): United States, $5.91B
TOP NET IMPORTER (2020): China, $3.73B
This map shows which countries export or import more of Raw Cotton. Each country is colored based on the difference in exports and imports of Raw Cotton during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Raw Cotton were United States ($5.91B), Brazil ($3.21B), India ($1.11B), Benin ($452M), and Greece ($417M).
In 2020, the countries that had a largest trade value in imports than in exports of Raw Cotton were China ($3.73B), Vietnam ($2.04B), Bangladesh ($1.8B), Pakistan ($1.67B), and Turkey ($1.42B).
In 2020, the world most traded Raw Cotton, disaggragated by their HS6 level were Cotton, not carded or combed ($14.3B)
This visualization shows the countries that have an important ratio of their trade related to Raw Cotton. It is possible to select the main countries that export or import Raw Cotton in the world, or by continent, as well as select the measure of interest.
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.
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