HS4 subsector intelligence

Cotton
HS4 5203 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 52031995-2024 coverageDeclining
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$230.9MGlobal subsector value
02

Annual change

-52.3%Latest year on year
03

Exporters

117Active reporting countries
04

Importers

165Active reporting countries
05

HS6 products

1Classifications inside HS4

The subsector read

$230.9M in trade, with -7% annualized growth over three years.

Cotton is recorded across 1,318 active corridors, with 117 exporters and 165 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $109.7M1996: $134.9M1997: $165.9M1998: $160.3M1999: $146.1M2000: $152.2M2001: $128.6M2002: $134.4M2003: $204.2M2004: $204.8M2005: $197.6M2006: $204.6M2007: $240.5M2008: $280.8M2009: $272.4M2010: $359.9M2011: $399.3M2012: $615.6M2013: $415.4M2014: $376.2M2015: $337.9M2016: $351.0M2017: $347.5M2018: $455.1M2019: $417.9M2020: $382.5M2021: $287.0M2022: $591.1M2023: $483.8M2024: $230.9M
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1IndiaINDViet NamVNM$47.2M+1.7%13,652 kmYes
2AfghanistanAFGPakistanPAK$23.6M+18.7%11,086 kmNo
3IndonesiaIDNViet NamVNM$12.8M-0.7%11,876 kmYes
4BangladeshBGDViet NamVNM$8.9M+126.1%12,243 kmNo
5IndiaINDChinaCHN$8.3M+46.8%14,252 kmNo
6PolandPOLFranceFRA$6.5M-14%11,371 kmYes
7UzbekistanUZBViet NamVNM$5.2M+1.5%14,981 kmNo
8United Rep. of TanzaniaTZAPakistanPAK$5.0M-39.7%14,627 kmNo
9Republic of KoreaKORJapanJPN$3.4M-6.2%11,155 kmNo
10Republic of KoreaKORViet NamVNM$3.4M-11.5%13,599 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1IndiaIND$62.6M601
2AfghanistanAFG$23.7M71
3IndonesiaIDN$17.3M271
4TurkeyTUR$12.0M611
5USA, Puerto Rico and US Virgin IslandsUSA$10.1M781
6BangladeshBGD$8.9M91
7JapanJPN$8.7M271
8ItalyITA$8.6M711
9PolandPOL$8.3M231
10UzbekistanUZB$7.1M51
Top importers2024 ranking
RankCountryImportsPartnersHS6
1Viet NamVNM$88.0M221
2PakistanPAK$31.2M141
3FranceFRA$12.6M391
4ChinaCHN$11.3M221
5SpainESP$6.6M301
6TaiwanTWN$5.8M121
7PolandPOL$5.6M211
8GermanyDEU$5.6M461
9JapanJPN$5.4M201
10BotswanaBWA$3.3M31

HS6 product coverage

The products inside HS4 5203

Six-digit classifications make the subsector specific. Browse the product workspace ↗

1 classifications shownCotton
01
Cotton: carded or combedHS6 520300

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.