The global cotton export landscape is led by the United States and Brazil, with exports of 12.2 and 11.8 million 480-pound bales respectively. Australia and India follow, albeit at a significantly lower scale. While there has been notable growth in Brazil (14.42%) and Australia (9.43%), the United States and India have experienced declines of -3.83% and -12.56% respectively. Emerging exporters such as Paraguay (68.63%), Myanmar (78.26%), Syria (49.63%), and Afghanistan (43.44%) show significant growth potential.
For future trends, it is essential to monitor multiple elements:
- The potential recovery or further decline in the U.S. and India's cotton export.
- The impact of climate conditions affecting key exporters such as Australia and Brazil.
- The economic and political stability in emerging cotton-exporting nations like Syria and Myanmar.
- Technological advancements and practices improving efficiencies in cotton farming and production in developing countries.
- Trade policies and international agreements that could affect the global cotton trade dynamics.
Top countries in Cotton Export by Country
| # | 10 Countries | Thousand Units (480 lb. Bales) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 12,200 | 2023 | -4.43% | -3.83% | View data |
| 2 | 2 Brazil | 11,800 | 2023 | +77.28% | +14.42% | View data |
| 3 | 3 Australia | 5,700 | 2023 | -7.59% | +9.43% | View data |
| 4 | 4 India | 1,800 | 2023 | +63.79% | -12.56% | View data |
| 5 | 5 Mali | 1,130 | 2023 | +50% | -3.58% | View data |
| 6 | 6 Benin | 1,100 | 2023 | +10% | -4.57% | View data |
| 7 | 7 Greece | 1,000 | 2023 | -24.87% | -5.9% | View data |
| 8 | 8 Argentina | 800 | 2023 | +330.11% | +7.98% | View data |
| 9 | 9 Ivory Coast | 700 | 2023 | +46.14% | -4.8% | View data |
| 10 | 10 Burkina Faso | 675 | 2023 | -10% | -3.24% | View data |