Cotton Prices in China
| Variety | Market level | Price (US$/kg) | Local (CNY) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 2.25 | 15.81 | ▼ 7.1% | ▼ 7.1% | UN Comtrade (unit value) |
As of June 2026, the cotton price in China available is US$ 2.25 per kg (15.81 CNY), down 7.1% year-on-year.
China exported 21,141 tonnes of cotton in 2024, valued at US$47.7 million, ranking #18 among 102 exporters and accounting for 0.3% of global exports, with a 179.8% year-on-year increase. The country produced 5,617,900 tonnes of cotton in 2023, holding the #2 position globally and contributing 18.5% of world output, despite a 6.1% decrease from the previous year. The latest export unit value is US$2.2542 per kg. China is a net exporter of cotton.
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Production, Exports, Imports & HS Codes - cotton in China
China exported 21,141 tonnes of cotton in 2024, valued at US$47.7 million, ranking #18 among 102 exporters and accounting for 0.3% of global exports, with a 179.8% year-on-year increase. The country produced 5,617,900 tonnes of cotton in 2023, holding the #2 position globally and contributing 18.5% of world output, despite a 6.1% decrease from the previous year. The latest export unit value is US$2.2542 per kg. China is a net exporter of cotton.
Exports UN Comtrade · 2024
In 2024, China exported $47.7M (21.1 kt) of cotton▲ 179.8% YoY. That ranks #18 worldwide (0.3% of global exports).
Export value by year (US$)
Export volume by year
Top cotton exporters worldwide UN Comtrade · 2024
- #1 Brazil $5.15B · 30.9%
- #2 US $5.01B · 30%
- #3 Australia $2.42B · 14.5%
- #4 India $904M · 5.4%
- #5 Benin $500.9M · 3%
Annual export data China · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $47.7M | 21.1 kt | $2.25 |
| 2023 | $17M | 7 kt | $2.43 |
| 2022 | $105.2M | 33.7 kt | $3.12 |
| 2021 | $21.5M | 9.3 kt | $2.33 |
| 2020 | $7.2M | 4.7 kt | $1.53 |
Production FAOSTAT · 2023
China produced 5.62 Mt of cotton in 2023▼ 6.1% YoY. It ranks #2 among producing countries (18.5% of world output).
Production by year (tonnes)
HS Code
cotton is traded under Harmonized System code 5201.00. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO); harvest season - FAO GIEWS Crop Calendar. Values are official reported figures.