Cotton
U.S. Cotton Exports in 2023
Total Export Value
$5.95 Billion
Total Volume (Millions)
2.78 Metric Tons
3-Year Average
$6.84 Billion
Compound Average Growth
3.1% (2014-2023)
Data and Analysis
Post raises its marketing year (MY) 2024/25 cotton production estimate to 6.2 million metric tons (MMT) on record high yields of more than 2.1 MT per hectare.
Post forecasts production for marketing year (MY) 2024/25 at 0.89 million 480-lb bales, a similar level as in MY 2023/24. The planting area is expected to decrease due to farmers switching to more profitable crops, drought conditions, and limited access to water from dams.
On November 5, the Ministry of Agriculture and Farmers Welfare published a marketing year 2024/25 production forecast at the lowest level in five years, at 23.4 million 480 lb. bales on an area of 11.4 million hectares.
News and Features
The U.S. Department of Agriculture and the Office of the U.S. Trade Representative are accepting applications for new members to serve on the agricultural trade advisory committees.
For almost 50 years, Bangladesh required U.S. cotton be fumigated because of concerns about the boll weevil. Collaboration between USDA agencies and the Bangladesh Ministry of Agriculture resulted in amended import requirements, exempting the United States from the list of countries required to fumigate cotton upon arrival.
May is World Trade Month, and USDA's Foreign Agricultural Service is marking the occasion by sharing some of the most recent facts and figures about U.S. agricultural trade.