Overview This page contains the latest trade data of Raw Cotton. In 2019, Raw Cotton were the world's 226th most traded product, with a total trade of $15.4B. Between 2018 and 2019 the exports of Raw Cotton grew by 0.81%, from $15.3B to $15.4B. Trade in Raw Cotton represent 0.085% of total world trade.

Exports In 2019 the top exporters of Raw Cotton  were United States ($6.13B), Brazil ($2.64B), India ($1.1B), Australia ($1.09B), and Greece ($589M).

Imports In 2019 the top importers of Raw Cotton were China ($3.18B), Vietnam ($2.29B), Bangladesh ($1.9B), Turkey ($1.56B), and India ($1.18B).

Tariffs In 2018 the average tariff for Raw Cotton was 2.01%, making it the 1233rd 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 957th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $6.13B

Top Destination (2019): China, $3.18B

Raw Cotton are the world's 226th most traded product.

In 2019, the top exporters of Raw Cotton were United States ($6.13B), Brazil ($2.64B), India ($1.1B), Australia ($1.09B), and Greece ($589M).

In 2019, the top importers of Raw Cotton were China ($3.18B), Vietnam ($2.29B), Bangladesh ($1.9B), Turkey ($1.56B), and India ($1.18B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Brazil, $1.04B

Top Destination Growth (2018 - 2019): China, $691M

Between 2018 and 2019, the exports of Raw Cotton grew the fastest in Brazil ($1.04B), Greece ($185M), Mexico ($86.4M), Cote d'Ivoire ($76.8M), and Turkey ($73.4M).

Between 2018 and 2019, the fastest growing importers of Raw Cotton were China ($691M), India ($604M), Turkey ($255M), Switzerland ($41.9M), and United Kingdom ($9.79M).

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Market Concentration

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Cumulative market share

Value

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

In 2019,  market concentration measured using Shannon Entropy, was 3.35. This means that most of the exports of Raw Cotton are explained by 10 countries.

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TOP NET EXPORTER (2019): United States, $6.12B

TOP NET IMPORTER (2019): China, $3.1B

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Raw Cotton were United States ($6.12B), Brazil ($2.63B), Australia ($1.09B), Greece ($568M), and Benin ($462M).

In 2019, the countries that had a largest trade value in imports than in exports of Raw Cotton were China ($3.1B), Vietnam ($2.28B), Bangladesh ($1.9B), Turkey ($1.33B), and Indonesia ($1.06B).

Disaggregation

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Value

In 2019, the world most traded Raw Cotton, disaggragated by their HS6 level were Cotton, not carded or combed ($15.4B)

Import Tariffs

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In 2018, the average tariff for importing Raw Cotton was 2.01%. The countries with the highest tariffs for importing Raw Cotton were Bahamas (40.2%), Yemen (23%), Haiti (15%), Maldives (14.6%), and Zambia (13.6%).

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Raw Cotton to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.