In 2023, China led the global export market for plain weave cotton with a significant gap, valued at 220.39 million USD. India followed, but with a considerably lower export value of 6.76 million USD. Notably, countries like France, Germany, and Canada showed significant declines with reductions over 20%, underscoring shifting supply dynamics. Moreover, some countries like Russia and El Salvador experienced notable increases, each exceeding 17% growth. The long-term trend, as captured by a five-year CAGR, reveals volatility within European exporters, while Asian countries often show resilience or moderate growth.
Future trends to watch for include the impact of digital technologies simplifying supply chain operations. Additionally, increased emphasis on sustainable practices might alter production regions as countries seek eco-friendly textile solutions. Observing trade policies and regional agreements that could further influence cotton export dynamics is crucial.
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 by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 220,390,000 | 2023 | +0.41% | +0.36% | View data |
| 2 | 2 India | 6,755,200 | 2023 | +5.25% | +2.74% | View data |
| 3 | 3 Thailand | 5,090,000 | 2023 | -9.22% | -7.03% | View data |
| 4 | 4 Spain | 5,023,500 | 2023 | -3.2% | -2.73% | View data |
| 5 | 5 Malaysia | 4,010,700 | 2023 | -3.63% | -2.53% | View data |
| 6 | 6 Japan | 3,510,700 | 2023 | -7.9% | -9.21% | View data |
| 7 | 7 Italy | 3,281,000 | 2023 | -12.27% | -11.28% | View data |
| 8 | 8 South Korea | 3,271,800 | 2023 | -2.1% | +0.071% | View data |
| 9 | 9 Portugal | 2,222,700 | 2023 | -0.32% | -0.48% | View data |
| 10 | 10 Netherlands | 2,055,100 | 2023 | -12.96% | -8.81% | View data |
