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2022
Exports $29.7MWorld Rnk 3 / 109
Flag Rnk 933 / 1217
2022
Destination $4.96M India
2021 - 2022
FASTEST GROWING MARKET $4.96MIndia
2022
Imports $2.06MWorld Rnk 30 / 172
Flag Rnk 1183 / 1216
2022
Origin $379k Mexico
2021 - 2022
FASTEST GROWING ORIGIN $379kMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $29.7M in Prepared Cotton, making it the 3rd largest exporter of Prepared Cotton in the world. At the same year, Prepared Cotton was the 933rd most exported product in United States. The main destination of Prepared Cotton exports from United States are: India ($5.49M), Guatemala ($5.49M), Honduras ($3.45M), Venezuela ($3.32M), and Mexico ($3.16M).

The fastest growing export markets for Prepared Cotton of United States between 2021 and 2022 were India ($4.96M), Venezuela ($3.32M), and Honduras ($2.99M).

Imports In 2022, United States imported $2.06M in Prepared Cotton, becoming the 30th largest importer of Prepared Cotton in the world. At the same year, Prepared Cotton was the 1183rd most imported product in United States. United States imports Prepared Cotton primarily from: Mexico ($1.1M), Burkina Faso ($188k), Italy ($129k), Peru ($116k), and Japan ($104k).

The fastest growing import markets in Prepared Cotton for United States between 2021 and 2022 were Mexico ($379k), Burkina Faso ($188k), and Tanzania ($95.5k).

COMPANIES In 2023, leading companies such as Cummins Jaw Warehouse (276), Guess Clothing (265), and Lenovo (189) were at the forefront of shipping Prepared Cotton to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Prepared Cotton exports accounted up to $765k and imports accounted up to $127k, resulting in a positive trade balance of $639k. Between September 2023 and September 2024 the exports of United States'   Prepared Cotton have decreased by $-92.4k (-10.8%) from $858k to $765k, while imports decreased by $-113k (-47.1%) from $240k to $127k.

Destinations In September 2024, Prepared Cotton were exported mostly to Mexico ($313k), Hungary ($104k), Singapore ($94.3k), Italy ($75.6k), and India ($64k), and were imported mostly from India ($106k), Italy ($14.7k), Indonesia ($5.23k), China ($828), and Bangladesh ($0).

Growth In September 2024, the decrease in Prepared Cotton's year-by-year exports was explained primarily by a decrease in exports to Venezuela ($-2.44M or -73.5%), Guatemala ($-1.4M or -86.8%), and Mexico ($-133k or -54.8%). In September 2024, the decrease in Prepared Cotton's year-by-year imports was explained primarily by a decrease in imports from Italy ($-709 or -56%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-92.4k(-10.8%)
IMPORT GROWTH (September 2023 - September 2024)$-113k(-47.1%)
MAIN EXPORTER (September 2024)North Carolina$612k
MAIN DESTINATION (September 2024)Mexico$313k

This section shows Prepared 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 Prepared Cotton over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$29.7M
IMPORTS (2022)$2.06M
NET TRADE (2022)$27.7M

In 2022, United States exported $29.7M in Prepared Cotton. The main destinations of United States exports on Prepared Cotton were India ($5.49M), Guatemala ($5.49M), Honduras ($3.45M), Venezuela ($3.32M), and Mexico ($3.16M).

In 2022, United States imported $2.06M in Prepared Cotton, mainly from Mexico ($1.1M), Burkina Faso ($188k), Italy ($129k), Peru ($116k), and Japan ($104k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Cotton EXPORT MARKETS FOR United States WERE (2021 - 2022):
India$4.96M (937%)
Venezuela$3.32M (1%)
Honduras$2.99M (657%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Cotton BY United States WERE (2021 - 2022):
Guatemala-$13.3M (-70.8%)
El Salvador-$1.84M (-95.2%)
Germany-$989k (-63.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Prepared Cotton were:
India $66.6M
Tanzania $44M
In 2022, United States's main importing competitors in Prepared Cotton were:
Vietnam $49.4M
Pakistan $29.1M
Chinese Taipei $23.5M

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Trade Value of Prepared Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $468k
TOP IMPORT POTENTIALTanzania+ $148k

Prepared Cotton’s highest export potential is China. With an export gap of $468k.   Prepared Cotton’s highest import potential is Tanzania with an import gap of $148k.

See methodology.

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