HS Icon Prepared Cotton

5203 (Harmonized System 1992 for 4-digit)

World Trade (2018): $267M, Rnk 1112 / 1225

Top Exporter (2018): $53M, United States

Top Importer (2018): $29.7M, Guatemala

Export Growth (CAGR)(2017 - 2018): -32.5%, Rnk 1216 / 1225

Mean Tariff (2018): 2.74%, Rnk 1163 / 1259

Share of World Trade (2018): 0.0015%, Rnk 1112 / 1225

Overview:  This page contains the latest trade data of Prepared Cotton. In 2018, Prepared Cotton were the world's 1112th most traded product, with a total trade of $267M. Between 2017 and 2018 the exports of Prepared Cotton decreased by -32.5%, from  $396M to $267M. Trade in Prepared Cotton represent 0.0015% of total world trade.

Exports: In 2018 the top exporters of Prepared Cotton  were United States ($53M), Uganda ($33.3M), Mexico ($29.4M), Turkey ($22.4M), and Indonesia ($15.7M).

Imports: In 2018 the top importers of Prepared Cotton were Guatemala ($29.7M), Pakistan ($26.5M), Chinese Taipei ($23.3M), Singapore ($16M), and United Kingdom ($15.3M).

Tariffs: In 2018 the average tariff for Prepared Cotton was 2.74%, been the 1163 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Prepared Cotton are Bahamas (40.2%), India (24.8%), China (20.5%), Haiti (15%), and Maldives (14.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $53M

Top Destination (2018): Guatemala, $29.7M

Prepared Cotton are the world's 1112th most traded product.

In 2018, the top exporters of Prepared Cotton were United States ($53M), Uganda ($33.3M), Mexico ($29.4M), Turkey ($22.4M), and Indonesia ($15.7M).

In 2018, the top importers of Prepared Cotton were Guatemala ($29.7M), Pakistan ($26.5M), Chinese Taipei ($23.3M), Singapore ($16M), and United Kingdom ($15.3M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Mexico, $26.5M

Top Destination Growth (2017 - 2018): Chinese Taipei, $19.1M

Between 2017 and 2018, the exports of Prepared Cotton grew the fastest in Mexico ($26.5M), United States ($11.6M), Vietnam ($7.28M), Benin ($5.13M), and Pakistan ($3.8M).

Between 2017 and 2018, the fastest growing importers of Prepared Cotton were Chinese Taipei ($19.1M), Pakistan ($18.2M), Honduras ($4.7M), Guatemala ($4.49M), and Japan ($3.4M).

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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 Prepared Cotton.

In 2018,  market concentration measured using Shannon Entropy, was 4.15. This means that most of the exports of Prepared Cotton are explained by 17 countries.

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TOP NET EXPORTER (2018): United States, $50.1M

TOP NET IMPORTER (2018): Chinese Taipei, $23.2M

This map shows which countries export or import more of Prepared Cotton. Each country is colored based on the difference in exports and imports of Prepared Cotton during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Prepared Cotton were United States ($50.1M), Uganda ($33.3M), Mexico ($28.5M), Turkey ($22M), and Indonesia ($12.4M).

In 2018, the countries that had a largest trade value in imports than in exports of Prepared Cotton were Chinese Taipei ($23.2M), Singapore ($15.7M), Pakistan ($15.2M), United Kingdom ($13.2M), and Spain ($9.56M).

Trade Forecasts

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This section shows forecasts for total trade for Prepared Cotton. 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 Prepared Cotton was 2.74%.  The countries with the highest tariffs for importing Prepared Cotton were Bahamas (40.2%), India (24.8%), China (20.5%), Haiti (15%), and Maldives (14.6%).

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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.