Which Country Imports the Most Cotton in the World?

In 2016, the amount of cotton imported worldwide totaled X tonnes, waning by -X% against the previous year figure. Overall, cotton imports continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2012, when import increased by X% against the previous year level. In that year, global cotton imports attained its maximum volume of X tonnes. From 2013 to 2016, growth of global cotton imports stood at a somewhat lower level.

In value terms, cotton imports amounted to $X in 2016. Overall, cotton imports continue to indicate a mild drop. Over the period under review, global cotton imports reached its maximum level of $X in 2012; however, from 2013 to 2016, it failed to regain its strength.

Top Cotton Importing Countries in the World

X. Viet Nam (X million USD)

X. China (X million USD)

X. Turkey (X million USD)

X. Indonesia (X million USD)

X. Bangladesh (X million USD)

X. India (X million USD)

X. Pakistan (X million USD)

X. Thailand (X million USD)

X. South Korea (X million USD)

X. Mexico (X million USD)

Cotton Imports By Country

The imports of the ten major importers of cotton, namely Bangladesh, Viet Nam, China, Turkey, Indonesia, India, Pakistan, Thailand, South Korea, and Mexico, represented more than two-thirds of total import.

From 2007 to 2016, the most notable growth rate of cotton imports, among the main importing countries, was attained by Viet Nam (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest cotton markets worldwide were Viet Nam ($X), China ($X) and Turkey ($X), with a combined X% share of global imports.

Viet Nam (+X% per year) experienced the highest rates of growth with regard to the cotton imports, in terms of the main importing countries, over the last X years, while the other global leaders experienced more modest paces of growth.

Cotton Import Prices By Country

In 2016, the average import price for cotton amounted to $X per tonne, shrinking by -X% against the previous year. Overall, cotton import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, an increase of X% against the previous year level. In that year, average cotton import price reached its maximum level of $X per tonne. From 2012 to 2016, growth of average cotton import price stood at a somewhat lower level.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was India ($X per tonne), while Bangladesh ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of cotton import prices was attained by Viet Nam (+X% per year), while the other global leaders experienced more modest paces of growth.

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• cotton market share
• cotton prices
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• cotton sales
• cotton import
• cotton export
• cotton market forecast
• cotton price forecast
• key cotton producers

This article was written on the product's HS-code: X.

Source: IndexBox Platform