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Cotton Export From India: 2023–24 Data

Cotton export from India: 2023–24 data

Key Highlights

  • India is the world's biggest producer of cotton, with substantial production taking place in three different agro-ecological zones.
  • Over 80% of the cotton produced in India comes from the top five cotton-producing states: Gujarat, Maharashtra, Telangana, Andhra Pradesh, and Madhya Pradesh.
  • India is the third-largest exporter of cotton in the world, despite the country's need for domestic use.
  • Based on cotton export data from India, the first five months of the 2023–24 season saw a total of 15 lakh bales (170 kg) exported, which is comparable to the 15.5 lakh bales exported during the 2022–2023 marketing season, 
  • There have been variations in the production of India's cotton exports worldwide, with rises in ending inventories but anticipated declines in production and exports.
  • The Biggest cotton exporters are the US, Brazil, and Australia, with India having a sizable share as well.

Cotton is one of India's most significant cash crops and fiber crops. Cotton plays a substantial part in the country's industrial and agricultural economies. It provides fiber, the primary raw material used in producing cotton textiles. Around 40- 50 million people are involved in the cotton trade and processing, and in terms of income source, the cotton industry is a major source, with around 6 million farmers involved in India.

More than 11.7 million hectares of cotton are grown in India, compared to 31.2 million hectares worldwide, as per International Textiles Data. In India, the cotton sector supports the livelihoods of around 60 million people. In this blog, we will briefly discuss cotton export data for the current year 2024. Along with this, we will explore the list of cotton exports from India, Cotton exporting countries, and updated cotton yarn hs code.

Production of Cotton in India

With 120.69 lakh hectares (or almost 36% of the world's 333 lakh hectares) under cotton cultivation, India achieved first place in the world for cotton production. Around 33% of India's cotton is grown on irrigated land, while 67% is farmed on rain-fed land. Also, India ranks 38th in productivity with a yield of 510 kg/ha as per International Textiles Data.

All four of the cultivated cotton species—G. arboreum and Herbaceum (Asian cotton), G. barbadense (Egyptian cotton), and G. hirsutum (American Upland cotton)—are produced in India. All of the existing Bt cotton hybrids are G. hirsutum-based.The majority of the cotton produced in India is grown in ten significant states, which are divided into three distinct agro-ecological zones as follows:

  1. Northern Zone: Punjab, Haryana and Rajasthan
  2. Southern Zone: Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu
  3. Central Zone: Gujarat, Maharashtra and Madhya Pradesh

India stands first in the world, producing 362.18 lakh bales (6.16 million metric tonnes) of cotton during the cotton season 2021–2022, or 23% of the 1555 lakh bales (26.44 million metric tonnes) produced globally.

Did you know? Gujarat is the biggest producer of cotton in India.

Top 5 Cotton Production States in India

The Indian economy heavily depends on the cotton sector. It employs millions of people and contributes largely to the nation's GDP. The top cotton-producing states in India are crucial to developing the cotton market in that nation. The top 5 cotton-producing states in India are given below:

  • Gujarat
  • Maharashtra
  • Telangana
  • Andhra Pradesh
  • Madhya Pradesh

These five states account for over 80% of India's cotton production. If you need an updated list of cotton exporters or importers, you can visit the Seair Exim Solutions platform and analyze raw cotton export data, cotton yarn export from India, or you can search cotton yarn hs code anytime.

Cotton Export Data from India: 2023–24

Based on cotton export data, India is the third-largest cotton exporter, estimated to export 45 lakh bales (0.76 million MT), or 8% of the 597 lakh bales (10.15 million MT) global cotton export in 2021–22. Even though India is a significant producer and exporter of cotton, the textile sector imports some cotton, less than 10% of India's overall consumption, to fulfill their specific needs.

Let’s explore the cotton exports from India for 2023-24!

Import and export of cotton during last 5 years
Cotton Year Import (in lakh bales) Export (in lakh bales)
2017-18 15.8 67.59
2018-19 35.37 43.55
2019-20 15.5 47.04
2020-21 11.03 77.59
2021-22 21.13 42.25
2022-23* 5.75 7.59

Source: DGCIS Kolkata    *Upto 31 March 2023

India has been exporting more cotton to Bangladesh, China, and Vietnam over the past three months as crop prices have continued to be attractive to buyers throughout the globe.

According to cotton export data from India, the first five months of the 2023–24 season saw a total of 15 lakh bales (170 kg) exported, which is similar to the 15.5 lakh bales exported for the 2022–2023 marketing season.

Nonetheless, in the fiscal year 2023, India's cotton exports are expected to be valued at around 877 billion Indian rupees. In contrast to the previous fiscal year, there was a decrease. India was the fifth-largest exporter of cotton in that particular year.

Also read: Why is exporting Indian mushrooms a lucrative option for traders?

The import and export data for the previous five years are shown in the following table:

Cotton Year Import (in lakh bales) Export (in lakh bales)
2016-17 30.94 58.21
2017-18 15.8 67.59
2018-19 35.37 43.55
2019-20 15.5 47.04
2020-21 (P) 11.03 77.59
2021-22 (P) 10.5 45


Based on Cotton Global Trade Statistics,  India ranked third in the world regarding raw cotton exports in 2020, contributing approximately 10.2% of all exports. Cotton yarn exports from India reached $10.78 billion in 2021–2022, $6.3 billion in 2020–2020, and $4.5 billion from April 2022 to January 2023. It represented 2.55% of all exports from India in 2021–2022 and 1.21% from April 2022–January 2023, respectively. According to the Committee on Cotton Production and Consumption (COCPC), India exported 4.25 million bales of cotton overall in 2021–22.

Also read: Exploring the Top Agriculture Product Export From India

"Lower domestic supplies, increased demand for foreign long and extra-long staple grades, and the Australia-India Economic Cooperation and Trade Agreement (ECTA) have all supported this recent dynamic," the USDA said

According to the ICAC Journal "Cotton This Month" - June 1, 2023), the predicted global production for 2022–2023 is 24.51 million metric tons (1441 lakh bales), a 2.8% decrease from the 25.18 million tonnes (1481 lakh bales) projected for the previous year. The estimated global consumption of cotton is 23.79 million tonnes (1399 lakh bales), around 8% less than the projected 25.81 million metric tons (1518 lakh bales) for the previous year, as per International Textiles Data.

As per Cotton Yarn Export Data, the estimated global cotton export is 8.98 million tonnes (528 lakh bales), 8% less than the previous year's export of 9.73 million tonnes (572 lakh bales). The expected total import of cotton is 8.98 million tonnes (528 lakh bales), 6% less than the estimated overall import of 9.60 million tonnes (564 lakh bales) for the previous year. Global ending stocks are projected to be 20.14 million tonnes (1184 lakh bales), 4% more than last year's 19.42 million tonnes (1142 lakh bales).

cotton export from india

The biggest Cotton Exporting Countries in 2024

Based on cotton export data, the biggest exporting countries for cotton are:

S.No Cotton Exporting Countries Cotton Export Data
(In 1,000 metric tons)
1 United States 2,787
2 Brazil 1,449
3 Australia 1,350
4 Greece 283
5 India 250
6 Benin 218
7 Turkey 180
8 Burkina Faso 163
9 Mali 163
10 Cameroon 125


Based on cotton export data 2022-23, the biggest exporting countries for cotton are:

  • United States
  • Brazil
  • Australia
  • India
  • Benin
  • Turkey
  • Uzbekistan
  • Pakistan
  • Argentina
  • Greece

Based on Cotton Yarn Export Data, the United States exported 2.30 million metric tonnes of cotton in 2022–2023, followed by India with 0.51 million metric tonnes, Uzbekistan with 0.03 million metric tonnes, and Australia with 1.55 million metric tonnes. In 2020, the US produced more than 14.9 million cotton bales, 4.96 million more than in 2019.

If you need an updated list of significant cotton exporting countries, please visit Seair Exim Solutions. You will obtain all the updated cotton exporters, buyer and supplier lists, search hs code, and cotton export data on a single dashboard.

Also read: The Future of Maize Export: Trends and Insights for India

Government Initiatives aim to Boost India's cotton exports

To increase cotton exports from India, the government is implementing several steps, including:

Supporting cotton farmers with subsidies: To help cotton producers afford the cost of production, the government supports cotton growers with contributions.

Government Programs: The government encourages cotton exports through several programs, including trade shows and buyer-seller gatherings.

Increase the Standard of Cotton: The government aims to raise the standard of cotton produced in India to increase its competitiveness in the international market.

Mega Investment Textiles Scheme: In the Union Budget for 2021–22, the Indian government unveiled the Mega Investment Textiles Parks (MITRA) initiative, which calls for the construction of seven textile parks over three years.

How to find Cotton Buyers and Supplier Data?

To find accurate and updated cotton export data, you can visit the Seair Exim Solutions platform to gain access to real-time India's cotton exports statistics, the Cotton Exporters Database in India. We provide authentic and genuine buyer data, supplier data, exporter data, cotton yarn hs code, etc.

In conclusion, the most widely grown and profitable crop that is not used to produce food is cotton. Its production provides a means of livelihood for more than 250 million people worldwide and employs over 7% of all employees in developing nations.

By 2025–2026, the Indian government and the Export Promotion Council will achieve long-term goals for the textile industry's exports of US$ 100 billion and an increase in productivity from about 450 kg of lint per hectare to at least 800-900 kg. So, if you need any type of assistance regarding raw cotton export data,  cotton yarn exports from India or cotton exporters list,  you can connect with our professionals and expand your business in the international market.

 

Frequently Asked Questions

Who is the largest exporter of cotton in India?

As per cotton exporters data, the Biggest cotton exporters in India are: Scm Garments Private Limited, Shahi Exports Private Limited, H D Textiles, Nandan Denim Limited, And Trident Limited.

Which countries buy cotton from India?

As per cotton export data from India, the major countries who import cotton from India are: Bangladesh, China, and Vietnam.

Who are the top 5 exporters of cotton?

Based on Cotton Yarn Export Data, the top cotton exporting countries are: United States, Brazil, Australia, Greece and India.

What is the rank of India in cotton export?

India's cotton exports are currently the world's top producer and second-largest exporter of cotton.

Who is the largest buyer of Indian cotton?

As per cotton yarn exports from India, the largest buyer of Indian cotton is Bangladesh.

Which state is the largest exporter of cotton in India?

The biggest cotton exporters in India are Gujrat, Maharashtra, Telangana and Andhra Pradesh

 

Biggest cotton exporters

Cotton exporters in India Cotton exporters in Chile

Cotton exporters in Peru

Top Cotton yarn HS codes

Cotton yarn hs code: 5205 Cotton yarn hs code: 52052890

Cotton yarn hs code: 52051190

Top Cotton Exporting Countries

India's cotton exports Turkey's cotton exports

Brazil’s cotton exports

 

  • Seair Exim
  • 10-Oct-2023

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