Cotton and Hemp

U.S. Cotton Exports in 2023

Total Export Value
$5.98 Billion
Total Volume (Millions)
3 Metric Tons
3-Year Average
$6.86 Billion
Compound Average Growth
3.1% (2014-2023)
Market Total Value (USD)
China $1.55 Billion
Pakistan $808.71 Million
Vietnam $750.15 Million
Turkey $673.99 Million
Bangladesh $339.2 Million
Mexico $248.51 Million
India $231.26 Million
Indonesia $195.26 Million
Hong Kong $184.23 Million
Macau $176.68 Million
Top 10 Cotton Export Markets 2014 - 2023
Annual Cotton Exports 2014 - 2023

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Data and Analysis

Attaché Report (GAIN)

Vietnam: Cotton and Products Annual

Vietnam’s cotton imports for marketing year 2024/25 (MY 2024/25) are forecast at 6.8 million bales, up 3 percent over MY 2023/24 based on an expected recovery in global demand for textiles and garments by mid-2024.
Attaché Report (GAIN)

Egypt: Cotton and Products Annual

Egyptian cotton production in marketing year (MY) 2024/25, the period from August 2024 to July 2025, is forecast at 310,000 bales, down 40,000 bales from MY2023/24, driven by a 4-percent drop in harvested area and lower input use, impacting yields.
Attaché Report (GAIN)

Turkiye: Cotton and Products Annual

Türkiye’s cotton production in marketing year (MY) 2024/25 is forecast to increase to 820,000 metric tons (MT; 3.8 million bales), based on the assumption that cotton prices which increased at the beginning of 2024 will remain stagnant and orders to Turkish ready-to-wear apparel producers will at least continue at mediocre levels.

News and Features

The U.S. Department of Agriculture and the Office of the U.S. Trade Representative are accepting applications for new members to serve on agricultural trade advisory committees.
The American agricultural sector posted its best export year ever in 2022 with international sales of U.S. farm and food products reaching $196 billion.