HS Icon Cotton, not carded or combed

520100 (Harmonized System 1992 for 6-digit)

World Trade (2018): $15.1B, Rnk 189 / 4726

Top Exporter (2018): $6.56B, United States

Top Importer (2018): $2.49B, China

Product Complexity (2018): -2.59, Rnk 4853 / 4873

Export Growth (CAGR)(2017 - 2018): 14.2%, Rnk 2021 / 4726

Mean Tariff (2018): 2.01%, Rnk 6192 / 6538

Share of World Trade (2018): 0.082%, Rnk 189 / 4726

Overview:  This page contains the latest trade data of Cotton, not carded or combed. In 2018, Cotton, not carded or combed were the world's 189th most traded product, with a total trade of $15.1B. Between 2017 and 2018 the exports of Cotton, not carded or combed grew by 14.2%, from  $13.2B to $15.1B. Trade in Cotton, not carded or combed represent 0.082% of total world trade.

Exports: In 2018 the top exporters of Cotton, not carded or combed  were United States ($6.56B), India ($2.19B), Brazil ($1.59B), Australia ($1.04B), and Benin ($437M).

Imports: In 2018 the top importers of Cotton, not carded or combed were China ($2.49B), Vietnam ($2.46B), Bangladesh ($1.93B), Pakistan ($1.35B), and Turkey ($1.28B).

Tariffs: In 2018 the average tariff for Cotton, not carded or combed was 2.01%, been the 6192 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Cotton, not carded or combed 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: Cotton, not carded or combed ranks 4853rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $6.56B

Top Destination (2018): China, $2.49B

Cotton, not carded or combed are the world's 189th most traded product.

In 2018, the top exporters of Cotton, not carded or combed were United States ($6.56B), India ($2.19B), Brazil ($1.59B), Australia ($1.04B), and Benin ($437M).

In 2018, the top importers of Cotton, not carded or combed were China ($2.49B), Vietnam ($2.46B), Bangladesh ($1.93B), Pakistan ($1.35B), and Turkey ($1.28B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $681M

Top Destination Growth (2017 - 2018): Pakistan, $531M

Between 2017 and 2018, the exports of Cotton, not carded or combed grew the fastest in United States ($681M), India ($504M), Benin ($288M), Brazil ($258M), and Cote d'Ivoire ($162M).

Between 2017 and 2018, the fastest growing importers of Cotton, not carded or combed were Pakistan ($531M), Vietnam ($471M), China ($443M), Bangladesh ($315M), and Singapore ($188M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Cotton, not carded or combed.

In 2018,  market concentration measured using Shannon Entropy, was 3.18. This means that most of the exports of Cotton, not carded or combed are explained by 9 countries.

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TOP NET EXPORTER (2018): United States, $6.56B

TOP NET IMPORTER (2018): Vietnam, $2.45B

This map shows which countries export or import more of Cotton, not carded or combed. Each country is colored based on the difference in exports and imports of Cotton, not carded or combed during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Cotton, not carded or combed were United States ($6.56B), India ($1.61B), Brazil ($1.56B), Australia ($1.04B), and Benin ($437M).

In 2018, the countries that had a largest trade value in imports than in exports of Cotton, not carded or combed were Vietnam ($2.45B), China ($2.41B), Bangladesh ($1.93B), Pakistan ($1.32B), and Indonesia ($1.23B).

Trade Forecasts

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This section shows forecasts for total trade for Cotton, not carded or combed. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Cotton, not carded or combed was 2.01%.  The countries with the highest tariffs for importing Cotton, not carded or combed were Bahamas (40.2%), Yemen (23%), Haiti (15%), Maldives (14.6%), and Zambia (13.6%).

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Product Complexity

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Diversification Frontier

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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.