HS4 subsector intelligence

Cotton
HS4 5204 trade overview

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

HS4 52041995-2024 coverageDeclining
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$133.9MGlobal subsector value
02

Annual change

-3.2%Latest year on year
03

Exporters

136Active reporting countries
04

Importers

190Active reporting countries
05

HS6 products

3Classifications inside HS4

The subsector read

$133.9M in trade, with -3.8% annualized growth over three years.

Cotton is recorded across 2,707 active corridors, with 136 exporters and 190 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: $195.9M1996: $172.0M1997: $170.1M1998: $162.1M1999: $162.8M2000: $207.7M2001: $156.0M2002: $144.9M2003: $166.7M2004: $173.2M2005: $167.7M2006: $179.0M2007: $181.7M2008: $188.2M2009: $150.2M2010: $175.4M2011: $200.0M2012: $186.1M2013: $227.9M2014: $236.0M2015: $209.1M2016: $148.0M2017: $158.1M2018: $154.6M2019: $152.7M2020: $127.8M2021: $150.4M2022: $135.8M2023: $137.5M2024: $133.9M
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
1MexicoMEXDominican RepublicDOM$7.5M+78.1%33,078 kmNo
2ChinaCHNViet NamVNM$4.5M+8.6%32,732 kmYes
3ThailandTHALaosLAO$3.3M+15.4%3520 kmYes
4USA, Puerto Rico and US Virgin IslandsUSADominican RepublicDOM$3.2M-3.5%32,495 kmYes
5ItalyITAUSA, Puerto Rico and US Virgin IslandsUSA$2.8M-10.6%36,907 kmNo
6IndiaINDUSA, Puerto Rico and US Virgin IslandsUSA$2.5M-8.9%311,771 kmNo
7FranceFRAPolandPOL$2.4M+84.8%21,371 kmYes
8ChinaCHNMyanmarMMR$2.2M-8.9%33,017 kmYes
9Viet NamVNMCambodiaKHM$2.1M-1%3211 kmYes
10HondurasHNDCosta RicaCRI$2.0M+3,744.7%3572 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
1ChinaCHN$36.8M1783
2IndiaIND$11.3M1233
3MexicoMEX$9.2M603
4ItalyITA$9.0M863
5USA, Puerto Rico and US Virgin IslandsUSA$8.2M903
6GermanyDEU$5.8M853
7EgyptEGY$5.1M413
8ThailandTHA$4.8M523
9HondurasHND$4.3M73
10Viet NamVNM$4.2M403
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$12.2M533
2Dominican RepublicDOM$11.8M163
3LaosLAO$6.0M163
4Viet NamVNM$5.6M263
5CambodiaKHM$4.3M153
6GuatemalaGTM$4.1M243
7ItalyITA$4.1M353
8Costa RicaCRI$3.8M223
9MyanmarMMR$3.7M193
10GermanyDEU$3.3M593

HS6 product coverage

The products inside HS4 5204

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

3 classifications shownCotton
01
Cotton: sewing thread, containing 85% or more by weight of cotton, not put up for retail saleHS6 520411
02
Cotton: sewing thread, containing less than 85% by weight of cotton, not put up for retail saleHS6 520419
03
Cotton: sewing thread, put up for retail saleHS6 520420

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.