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Who buys Australia’s raw cotton? Export destinations 2024

In 2024, Australia exported $2.3 billion of raw cotton (1.2 million tonnes), 13.7% of the world total. Its main destinations were China (29%), Vietnam (27%) and India (12%). Australia was the world’s 3rd-largest exporter of raw cotton.

Summary

Value
$2.3billion
Tonnes
1.2million tonnes
Share of world total
13.7%
World rank
3rd
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
China658Tonnes: 331,430USD per tonne: $1,98528.8%Sea
Vietnam608Tonnes: 310,927USD per tonne: $1,95626.6%Sea
India267Tonnes: 134,521USD per tonne: $1,98211.7%Sea
Bangladesh232Tonnes: 114,425USD per tonne: $2,02410.1%Sea
Indonesia222Tonnes: 115,918USD per tonne: $1,9179.7%Sea
Malaysia112Tonnes: 56,991USD per tonne: $1,9744.9%Sea
Turkey69Tonnes: 34,160USD per tonne: $2,0213%Sea
Thailand52.9Tonnes: 29,644USD per tonne: $1,7832.3%Sea
Pakistan26.3Tonnes: 20,610USD per tonne: $1,2771.2%Sea
South Korea20.6Tonnes: 10,058USD per tonne: $2,0440.9%Sea
Japan12.6Tonnes: 6,437USD per tonne: $1,9620.55%Sea
Taiwan5.3Tonnes: 3,094USD per tonne: $1,7150.23%Sea
Djibouti0.63Tonnes: 306USD per tonne: $2,0470.03%Sea
Italy0.19Tonnes: 116USD per tonne: $1,6520.01%Sea
Singapore re-exports0.03Tonnes: 0USD per tonne: $142,7690%Air
Papua New Guinea0.02Tonnes: 1USD per tonne: $13,8730%Sea
New Zealand0.02Tonnes: 1USD per tonne: $22,4470%Sea
United Kingdom0.01Tonnes: 0USD per tonne: $135,3630%Air
Tonga< 0.01Tonnes: 0USD per tonne: $29,8960%Sea
Mongolia< 0.01Tonnes: 0USD per tonne: $48,3930%Air

Trend

Who it sells to

China has been its main destination since 2024

Value in USD billions. The five largest destinations in 2024.

  • China 0.66
  • Vietnam 0.61
  • India 0.27
  • Bangladesh 0.23
  • Indonesia 0.22

Source: CEPII BACI

Show the numbers
Partner19952024
China0.040.66
Vietnam< 0.010.61
India< 0.010.27
Bangladesh< 0.010.23
Indonesia0.190.22

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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