2022
Exports
$10.9BWorld Rnk 2 / 199
Flag Rnk 26 / 96
2022
PRODUCT COMPLEXITY IN Cotton
-0.55Rnk 715 / 1025
2022
Imports
$1.08BWorld Rnk 12 / 220
Flag Rnk 85 / 96
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $10.9B in Cotton, making it the 2nd largest exporter of Cotton in the world. At the same year, Cotton was the 26th most exported product in United States. The main destination of Cotton exports from United States are: China ($2.92B), Vietnam ($1.11B), Turkey ($1.09B), Pakistan ($943M), and Honduras ($839M).

The fastest growing export markets for Cotton of United States between 2021 and 2022 were China ($1.56B), Turkey ($527M), and India ($292M).

Imports In 2022, United States imported $1.08B in Cotton, becoming the 12th largest importer of Cotton in the world. At the same year, Cotton was the 85th most imported product in United States. United States imports Cotton primarily from: Pakistan ($240M), South Korea ($155M), India ($147M), China ($99.8M), and Italy ($58.9M).

The fastest growing import markets in Cotton for United States between 2021 and 2022 were Turkey ($11.5M), Pakistan ($6.36M), and India ($4.79M).

COMPANIES In 2023, leading companies such as IKEA Group (4.87k), Home Depot (602), and Walmart (588) were at the forefront of shipping Cotton to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-116M(-21.4%)
IMPORT GROWTH (July 2023 - July 2024)$-2.12M(-2.96%)
MAIN EXPORTER (July 2024)Tennessee$182M
MAIN DESTINATION (July 2024)China$65.7M

This section shows Cotton's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cotton over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.9B
IMPORTS (2022)$1.08B
NET TRADE (2022)$9.85B

In 2022, United States exported $10.9B in Cotton. The main destinations of United States exports on Cotton were China ($2.92B), Vietnam ($1.11B), Turkey ($1.09B), Pakistan ($943M), and Honduras ($839M).

In 2022, United States imported $1.08B in Cotton, mainly from Pakistan ($240M), South Korea ($155M), India ($147M), China ($99.8M), and Italy ($58.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cotton EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$1.56B (114%)
Turkey$527M (93.6%)
India$292M (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton BY United States WERE (2021 - 2022):
South Korea-$22.5M (-17.2%)
Morocco-$20.7M (-48.9%)
Egypt-$14.8M (-72.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Cotton were:
China $12.2B
India $7.27B
In 2022, United States's main importing competitors in Cotton were:

Explore Visualizations

Trade Value of Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $68.4M
TOP IMPORT POTENTIALIndia+ $85M

Cotton’s highest export potential is India. With an export gap of $68.4M.   Cotton’s highest import potential is India with an import gap of $85M.

See methodology.

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