Overview: In 2018, Raw Cotton were the world's 243rd most traded product, with a total trade of $15.1B. Between 2017 and 2018 the exports of Raw Cotton grew by 14.2%, from $13.2B to $15.1B. Trade in Raw Cotton represent 0.082% of total world trade.
Exports: In 2018 the top exporters of Raw Cotton were United States ($6.56B), India ($2.19B), Brazil ($1.59B), Australia ($1.04B), and Benin ($437M).
Imports: In 2018 the top importers of Raw Cotton were China ($2.49B), Vietnam ($2.46B), Bangladesh ($1.93B), Pakistan ($1.35B), and Turkey ($1.28B).
Tariffs: In 2018 the average tariff for Raw Cotton was 2.01%, been the 1233 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Raw Cotton are Bahamas (40.2%), Yemen (23%), Haiti (15%), Maldives (14.6%), and Zambia (13.6%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Raw Cotton ranks 1016th in the Product Complexity Index (PCI).