Cotton trade occupied a huge market in the world trade. The cotton producing countries are looking to export their cultivated cotton to other countries for earning foreign exchange after fulfills their domestic demands. It is noted that, China is top cotton producing country of the world also they are the top importers of cotton. Because China is fast developing countries of the world in textile sector and they dominate in the world textile finished goods market.
Top 10 Cotton Importers of the World: The position of a country in the list could be changed but in most of the statistics show that the followings are the most cotton importers of the world. Generally, cotton is imported by the country where textile industries grow up rapidly. In the subcontinent, textile industry grows day by day specially in Bangladesh, India, Pakistan and Silence and they import their raw fiber from the other cotton exporting countries.
- South Korea
Cotton import and export is done depending on the cotton production and demand of cotton use. If we want to get excellent finished goods then we have to import good quality cotton fiber. For this reason, we have to know the characteristics of different countries cotton.
So, before import we have to be sure about the quality and properties of cotton.