Top ten country by cotton Exporting
Cotton is a natural fiber which able to makes most comfortable and beloved of all cloth in efficient budget. This is the most popular natural fiber across the world because of its chemical and natural properties. Cotton takes an important role in textile industry to fill the necessity of natural fiber. All that textile production country does not have the ability to grow cotton in own country because of sufficient land, fertilization, climates and government approval. Pick a country like Bangladesh; it’s able to cultivate cotton in their inland but cotton takes a little long to grow and mature; in that time Bangladeshi farmer can grow more crops than cotton which helps them to survive and feed the nation.
In that case some people export their cotton after complete the demand of domestic industry. Various countries grow cotton which not only fulfills domestic needs but also boosting up the overall economical health of the country by exporting cotton across the world.
Global cotton export estimate amount was $54.3billion in 2015. Here are given blew the top ten list of the country which add a fair amount of money on annual growth of economy. This statistic is taken from recent global market export and import statistic report.
List of top ten country by exporting cotton:
|S/N||Country||Worth of shipment in (USD)||Percentage of total exports|
|03||United States||$5.9 billion||10.8%|
|05||Hong Kong||$2.3 billion||4.3%|
China is the country who leads the cotton exporting business around the globe. With 9,596,961 km2 and 1,376,049,000 population china produce a huge amount of cotton that fulfill their domestic Demand and makes more than $15.8 billion USD last year. Come to the second country India which 3,287,263 km2 and 1,293,057,000 of population they produce vast amount of cotton that fill domestic demand and export extra cotton; like china and makes $7.5 billion USD last year. In that situation one thing is clear that; to produce huge amount of cotton you need more lands with adept people to cultivate cotton to makes garments and export it in worldwide.