In 2023, China overwhelmingly dominated the global export of plain weave cotton with a share that dwarfs other countries. India and Thailand followed as distant seconds and third, with other notable contributors like Spain, Malaysia, and Japan deterring significantly in export value. The year-on-year variations show mixed trends, with prominent growth in El Salvador and Russia, while Canada and Denmark experienced the most significant declines.
Key trends from 2023 include:
- Continued dominance by China in export share.
- Positive growth in countries like Russia and South Africa.
- Steady decline in European exports, with Germany and France showing notable drops.
- El Salvador marked an exceptional increase in export value.
Future trends suggest a continued stronghold by China with potential growth in countries experiencing positive trends in 2023. However, geopolitical and economic factors could shift dynamics, influencing emerging markets like El Salvador and Russia. Sustainability practices and technological advancements could also reshape market shares.
Top countries in Export of Plain Weave Cotton of Yarns of Different Colours Containing Less Than 85% by Weight of Cotton Weighing Less Than 200 g/m2 Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 83.12 | 2023 | +0.41% | +0.36% | View data |
| 2 | 2 India | 2.55 | 2023 | +5.25% | +2.74% | View data |
| 3 | 3 Thailand | 1.92 | 2023 | -9.22% | -7.03% | View data |
| 4 | 4 Spain | 1.89 | 2023 | -3.2% | -2.73% | View data |
| 5 | 5 Malaysia | 1.51 | 2023 | -3.63% | -2.53% | View data |
| 6 | 6 Japan | 1.32 | 2023 | -7.9% | -9.21% | View data |
| 7 | 7 Italy | 1.24 | 2023 | -12.27% | -11.28% | View data |
| 8 | 8 South Korea | 1.23 | 2023 | -2.1% | +0.071% | View data |
| 9 | 9 Portugal | 0.84 | 2023 | -0.32% | -0.48% | View data |
| 10 | 10 Netherlands | 0.78 | 2023 | -12.96% | -8.81% | View data |
