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 2023.
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:
i) Northern Zone: Punjab, Haryana and Rajasthan
ii) Southern Zone: Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu
iii) 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.
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:
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, or you can search HS code for specific products.
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. The import and export data for the previous five years are shown in the following table:
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. The exports 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.
"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).
Based on cotton export data, the biggest exporting countries for cotton are:
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 buyer and supplier lists, HS codes, and cotton export data on a single dashboard.
To increase cotton exports from India, the government is implementing several steps, including:
To find accurate and updated cotton export data, you can visit the Seair Exim Solutions platform to gain access to the real-time Cotton Exporters Database in India. We provide authentic and genuine buyers data, suppliers data, exporters data, HS codes, 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, you can connect with our professionals and expand your business in the international market.
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