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120720 (Harmonized System 1992 for 6-digit)

2023
World Trade $639MRnk 2589 / 4644
2023
Top Exporter | Top Importer $288M | $247MAustralia | China
2023
Product Complexity -2.18Rnk 4577 / 4656
2022 - 2023
Export Growth (CAGR) 18.4%Rnk 328 / 4644
2023
Share of World Trade 0.0028%Rnk 2589 / 4644

About

Overview This page contains the latest trade data of Cotton seeds. In 2023, Cotton seeds were the world's 2589th most traded product, with a total trade of $639M. Between 2022 and 2023 the exports of Cotton seeds grew by 18.4%, from $540M to $639M. Trade in Cotton seeds represent 0.0028% of total world trade.

Cotton seeds are a part of Other Oily Seeds.

Exports In 2023 the top exporters of Cotton seeds  were Australia ($288M), United States ($134M), Greece ($102M), Benin ($25.8M), and Turkey ($13.8M).

Imports In 2023 the top importers of Cotton seeds were China ($247M), Saudi Arabia ($61.9M), South Korea ($55.8M), Italy ($54M), and United States ($37.7M).

Ranking Cotton seeds ranks 4577th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Australia$288M
Top Destination (2023)China$247M

In 2023 Cotton seeds were the world's 2589th most traded product (out of 4,644).

In 2023, the top exporters of Cotton seeds were Australia ($288M), United States ($134M), Greece ($102M), Benin ($25.8M), and Turkey ($13.8M).

In 2023, the top importers of Cotton seeds were China ($247M), Saudi Arabia ($61.9M), South Korea ($55.8M), Italy ($54M), and United States ($37.7M).

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Exporters of Cotton seeds (2023)
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Importers of Cotton seeds (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Australia$47.9M
Top Destination Growth (2022 -  2023)China$64.6M

Between 2022 and 2023, the exports of Cotton seeds grew the fastest in Australia ($47.9M), United States ($38.8M), Benin ($5.72M), Tanzania ($5.15M), and China ($5.09M).

Between 2022 and 2023, the fastest growing importers of Cotton seeds were China ($64.6M), Mexico ($15.6M), Togo ($9.44M), United States ($6.6M), and Saudi Arabia ($6.55M).

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Exporters of Cotton seeds (2022 - 2023)

Importers of Cotton seeds (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.63. This means that most of the exports of Cotton seeds are explained by 6 countries.

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Value of Exports in Cotton seeds

Net Trade

TOP NET EXPORTER (2023)Australia$288M
TOP NET IMPORTER (2023)China$241M

This map shows which countries export or import more of Cotton seeds. Each country is colored based on the difference in exports and imports of Cotton seeds during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cotton seeds were Australia ($288M), Greece ($98M), United States ($96.4M), Benin ($25.8M), and Turkey ($7.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Cotton seeds were China ($241M), Saudi Arabia ($61.9M), South Korea ($55.3M), Italy ($53.5M), and Japan ($37.4M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Cotton seeds.
It is possible to select the main countries that export or import Cotton seeds in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cotton seeds by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

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