2023
Exports
$2.77BWorld Rnk 6 / 198
Flag Rnk 14 / 96
2023
PRODUCT COMPLEXITY IN Cotton
-0.51Rnk 708 / 1025
2023
Imports
$58.1MWorld Rnk 82 / 218
Flag Rnk 83 / 96
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $2.77B in Cotton, making it the 6th largest exporter of Cotton in the world. At the same year, Cotton was the 14th most exported product in Australia. The main destination of Cotton exports from Australia are: Vietnam ($1.05B), China ($578M), Indonesia ($298M), Bangladesh ($249M), and Malaysia ($177M).

The fastest growing export markets for Cotton of Australia between 2022 and 2023 were China ($515M), Malaysia ($29.8M), and Bangladesh ($21.7M).

Imports In 2023, Australia imported $58.1M in Cotton, becoming the 82nd largest importer of Cotton in the world. At the same year, Cotton was the 83rd most imported product in Australia. Australia imports Cotton primarily from: China ($18.5M), India ($8.83M), Pakistan ($8.57M), South Korea ($4.73M), and Italy ($2.68M).

The fastest growing import markets in Cotton for Australia between 2022 and 2023 were South Africa ($196k), Singapore ($86k), and New Zealand ($61k).

COMPANIES In 2024, leading companies such as Toyota (2) and JBS Foods (1) were at the forefront of shipping Cotton from Australia to the United States.

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cotton. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.77B
IMPORTS (2023)$58.1M
NET TRADE (2023)$2.71B

In 2023, Australia exported $2.77B in Cotton. The main destinations of Australia exports on Cotton were Vietnam ($1.05B), China ($578M), Indonesia ($298M), Bangladesh ($249M), and Malaysia ($177M).

In 2023, Australia imported $58.1M in Cotton, mainly from China ($18.5M), India ($8.83M), Pakistan ($8.57M), South Korea ($4.73M), and Italy ($2.68M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cotton EXPORT MARKETS FOR Australia WERE (2022 - 2023):
China$515M (816%)
Malaysia$29.8M (20.1%)
Bangladesh$21.7M (9.54%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton BY Australia WERE (2022 - 2023):
Vietnam-$201M (-16.1%)
Turkey-$182M (-70.9%)
India-$153M (-53.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Cotton were:
In 2023, Australia's main importing competitors in Cotton were:

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Trade Value of Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $65.1M
TOP IMPORT POTENTIALChina+ $9.88M

Cotton’s highest export potential is China. With an export gap of $65.1M.   Cotton’s highest import potential is China with an import gap of $9.88M.

See methodology.

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