The value of exports of commodity group 52 "Cotton" from Australia totalled $ 2.89 billion in 2023. Sales of commodity group 52 from Australia decreased by 4.63% in value terms compared to 2022. exports of commodity group 52 "Cotton" decreased by $ 140 million (cumulative exports of commodity group 52 from Australia amounted $3.03 billion in 2022)
Exports of commodity group 52 "Cotton" amounted to 0.782% of total exports from Australia (cumulative merchandise exports from Australia totalled $ 369 billion in 2023). The share of commodity group 52 in total exports from Australia increased by 0.043 p.p. compared to 2022 (it was 0.738% in 2022 and cumulative exports from Australia were equal to $ 410 billion).
Top export destinations of "Cotton" from Australia in 2023:
The value of imports of commodity group 52 "Cotton" to Australia totalled $ 52 million in 2023. Sales of commodity group 52 to Australia decreased by 32% in value terms compared to 2022. imports of commodity group 52 "Cotton" decreased by $ 25 million (the value of imports of commodity group 52 to Australia was equal to $78 million in 2022)
Imports of commodity group 52 "Cotton" accounted for 0.018% of total import flow to Australia (in 2023, total imports to Australia amounted to $ 287 billion). The share of commodity group 52 in total imports to Australia decreased by 0.007 p.p. compared to 2022 (it was 0.025% in 2022 and cumulative imports to Australia were equal to $ 309 billion).
Top trading partners (import of "Cotton") of Australia in 2023: