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Export News
2025-07-18
In 2024, the international trade of cotton generated approximately $52.6 billion in export revenue across all participating countries.
This marks a 10.3% increase in global cotton export value compared to 2020, when total shipments stood at $47.7 billion. However, compared to the previous year, the market experienced a slight decline of -1.4%, falling from $53.3 billion recorded in 2023.
The dominant players in the global cotton trade include mainland China, India, the United States, Brazil, and Vietnam. Collectively, these five nations accounted for roughly 60.3% of total cotton exports in 2024, making them key drivers of the industry.
By continent, Asia was the largest contributor, representing 58.1% of the global cotton trade. North America followed with 12.3%, while Latin America (excluding Mexico and including the Caribbean) contributed 11.4%. European exporters held a 9.1% share.
Smaller portions of exports originated from Oceania (4.8%), led by Australia, and Africa (4.3%).
Cotton and its various forms—including raw cotton, yarn, threads, and woven fabrics—fall under the Harmonized System Code prefix 52.
Top 15 Cotton Exporting Nations (2024)
The following countries recorded the highest export values for cotton in 2024:
·Mainland China – $10.8B (20.6%)
·India – $6.5B (12.4%)
·United States – $6.2B (11.7%)
·Brazil – $5.3B (10.1%)
·Vietnam – $2.9B (5.4%)
·Pakistan – $2.7B (5.1%)
·Australia – $2.5B (4.8%)
·Uzbekistan – $2.3B (4.4%)
·Türkiye – $2.2B (4.1%)
·Italy – $1.1B (2.1%)
·Germany – $605.9M (1.2%)
·Benin – $525.7M (1.0%)
·Spain – $502.5M (1.0%)
·Greece – $486.4M (0.9%)
·Egypt – $475.3M (0.9%)
These top 15 exporters collectively represented 85.8% of global cotton shipments in 2024.
Growth and Decline Trends
Among the fastest-growing cotton-exporting nations in 2024 were:
·Brazil: up 65%
·Uzbekistan: up 37%
·Türkiye: up 3.8%
·Benin: up 1.9%
On the other hand, several countries experienced notable decreases:
·Germany: down -16.6%
·United States: down -15.3%
·Australia: down -14.4%
·Pakistan: down -12.8%
·Egypt: down -9.1%
Leading Cotton Exporting Companies (2024)
According to data from Tendata, the top 10 global cotton exporters in 2024 were:
1.SHAHI EXPORTS PVT LTD – $1.46B (1.72%)
2.GAIN LUCKY VIETNAM CO., LTD – $933.68M (1.1%)
3.INDO COUNT INDUSTRIES LIMITED – $894.8M (1.05%)
4.BROTEX VIETNAM CO., LTD – $824.05M (0.97%)
5.WELSPUN GLOBAL BRANDS LTD – $716.89M (0.84%)
6.STYLE TEXTILE PVT LTD – $502.78M (0.59%)
7.TRIDENT LIMITED – $460.97M (0.54%)
8.ARTISTIC MILLINERS PVT LTD – $419.03M (0.49%)
9.HIMATSINGKA SEIDE LTD – $415.61M (0.49%)
10.ARVIND LIMITED – $408.25M (0.48%)
These companies represent some of the most influential exporters in the global cotton industry, playing a significant role in the supply of textile materials worldwide.
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